LQWD Technologies Expands Bitcoin Holdings to 131 Units

LQWD Technologies Corp., a key player in transaction infrastructure and liquidity services for the Bitcoin Lightning Network, has announced an acquisition of approximately 16 additional Bitcoins. This brings the company's total to 131 Bitcoins, valued at around CDN$12.3 million. These assets are free of encumbrances, translating to 808 Satoshi's per LQWD share.

This acquisition supports LQWD's strategy to increase its Bitcoin-Per-Share holdings. The company aims to strengthen its market position by backing a larger part of its market capitalization with Bitcoin assets. The move aligns with LQWD's efforts to enhance its Lightning Network infrastructure, which has facilitated over 930,000 transactions since November 2021.

CEO Shone Anstey highlights the company's dedication to maximizing shareholder value through strategic Bitcoin deployment. LQWD's network, with over 1,200 connected channels globally, reflects its focus on AI-driven optimization and channel management.