Summary:
Increased Bitcoin holdings to 153 BTC
Maintains debt-free status
Ranks 4th in Bitcoin-Per-Share among Canadian public companies
Ranks 23rd globally in Bitcoin-Per-Share metrics
Generates fee revenue through Bitcoin holdings utilization
LQWD Acquires Additional Bitcoin
LQWD Technologies (TSXV: LQWD) (OTCQB: LQWDF) has recently added 5 Bitcoin to its portfolio, increasing its total holdings to approximately 153 Bitcoin (equivalent to 15.3 billion Satoshis). The company proudly maintains a debt-free status, ensuring that all Bitcoin assets are unencumbered.
As a leading provider of Bitcoin-backed strategies in Canada, LQWD now ranks as the 4th largest Bitcoin-Per-Share holder among public companies in Canada, boasting a ratio of 0.00000799 BTC per share. Globally, this places LQWD at an impressive 23rd position in Bitcoin-Per-Share metrics. This acquisition aligns with LQWD's strategic vision to utilize Bitcoin not only as a store of value but also as a per-share backing asset and an operational resource for its Lightning Network platform.
LQWD effectively leverages its Bitcoin holdings to enhance its scalable global infrastructure, expanding market presence and generating revenue through fees paid in Bitcoin Satoshis.
About LQWD Technologies Corp.
LQWD Technologies is a publicly traded Canadian company dedicated to enhancing its Lightning Network transaction infrastructure and liquidity-on-demand services. With around 153 Bitcoin in its treasury and a commitment to a debt-free operation, LQWD is focused on maximizing shareholder value through innovative Bitcoin accumulation strategies and yield-generating initiatives.
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