The latest example of a company trying to tie its fortunes to the cryptocurrency craze came Thursday in form of an iced tea maker. Long Island Iced Tea Corp. until this week was known for its ready-to-drink beverages in flavors such as peach, raspberry, guava, lemon and mango. Shares of the iced tea maker tumbled 24 percent. Long Island Iced Tea, or Long Blockchain, is not the first company to get a bitcoin-related boost and likely will not be the last, experts say. And British company On-line PLC's stock soared nearly 400 percent in October when it announced plans to change its name to On-line Blockchain PLC.

Source: ABC News December 22, 2017 08:01 UTC