Summary:
Increased Bitcoin holdings to 148 BTC
Debt-free status with unencumbered Bitcoin assets
Ranks 4th in Bitcoin-Per-Share metrics in Canadian markets
Generates yield through Lightning Network transaction fees
LQWD Acquires Additional Bitcoin to Strengthen Strategic Reserves and Expand Yield Generating Lightning Network Operations
LQWD Technologies Corp (TSXV: LQWD) (OTCQB: LQWDF) has announced the acquisition of an additional 7 Bitcoin, increasing its total holdings to approximately 148 Bitcoin (14.8 billion Satoshis). This strategic move reinforces the company's debt-free status and solidifies its position as one of the most Bitcoin-centric public companies in the world.
As the 4th highest Bitcoin-Per-Share holder in Canadian public markets with 0.00000784 BTC/share, and ranking 23rd globally, LQWD aims to generate yield through its Lightning Network infrastructure. This innovative approach facilitates low-cost, instant global transactions while allowing the company to earn Bitcoin-denominated fees.
Bitcoin-First Strategy
LQWD's strategy focuses on leveraging Bitcoin as both a store-of-value and a medium of exchange. By accumulating Bitcoin and expanding its Lightning Network infrastructure, the company seeks to enhance shareholder value.
Key Highlights
- Increased Bitcoin Holdings: Total holdings now stand at ~148 Bitcoin, positioning LQWD as a leader in the Bitcoin market.
- Debt-Free Financial Strength: The company maintains a debt-free status with unencumbered Bitcoin assets, reflecting strong financial health.
- Yield-Generating Strategy: LQWD utilizes its Lightning Network to earn yield from Bitcoin transactions, driving growth in its market presence.
Conclusion
LQWD Technologies is uniquely positioned to capitalize on Bitcoin's potential, focusing on both immediate financial returns and long-term growth through strategic Bitcoin accumulation and infrastructure development.
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