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Canadian Company LQWD Technologies Acquires More Bitcoin to Its Treasury

  • Canadian company LQWD Technologies Corp. has acquired an additional 10 Bitcoin, bringing its total holdings to 181 Bitcoin valued at around $8.9 million.
  • The latest purchase was made at an average price of $109,240 per Bitcoin, in line with LQWD's strategy to accumulate Bitcoin and expand its Lightning Network Service Provider business.
  • LQWD Technologies remains debt-free and holds its Bitcoin reserves unencumbered, with approximately 737 Satoshis per share based on its current holdings and outstanding shares.
  • The company previously partnered with Amboss Technologies Inc. and committed 10 Bitcoin in liquidity to enhance Lightning Network liquidity services, contributing to Amboss's recent launch of Rails, a self-custodial Bitcoin yield platform.

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