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LQWD Technologies Corp. (LQWDF) is a leading infrastructure and liquidity provider for the Bitcoin Lightning Network. With over 325,000 transaction routing volume across its global node network, LQWD has shown impressive growth and performance. Leveraging AI to optimize channel opening, LQWD has connected to more than 1,000 channels, with top-performing nodes in Canada, USA, Indonesia, France, and Germany. As the only publicly traded Bitcoin Lightning Network pure play, LQWD is well-positioned for continued growth and revenue generation.
LQWD Technologies Corp (TSXV: LQWD) (OTCQX: LQWDF) has expanded its Bitcoin holdings by acquiring four additional Bitcoin for its Lightning Network (LN) infrastructure. The company now holds approximately 161 Bitcoin, equivalent to 767 Satoshis per share. As a debt-free company, LQWD maintains unencumbered Bitcoin holdings and operates its LN infrastructure, which was launched in November 2021.
The company's transaction routing and liquidity services have shown consistent growth, particularly over the last 120 days. LQWD, operating as a Bitcoin/LN pure play company, focuses on providing both an asset-based foundation through its Bitcoin holdings and technology for global medium of exchange through the Lightning Network. The company maintains offices in Vancouver and Lugano, Switzerland.
LQWD Technologies (TSXV: LQWD) (OTCQX: LQWDF) has expanded its Bitcoin holdings by acquiring an additional 4 Bitcoin, bringing its total holdings to approximately 157 Bitcoin (15.7 billion Satoshis). The company, which operates as a provider of enterprise-grade transaction infrastructure and liquidity-on-demand for the Bitcoin Lightning Network, maintains a debt-free status with all Bitcoin holdings unencumbered.
The company's Lightning Network infrastructure has demonstrated significant operational activity, having processed over 1.150 million transactions and routed more than 978 Bitcoin through its network to date.
LQWD Technologies (TSXV: LQWD) (OTCQB: LQWDF) has announced plans for a non-brokered private placement to raise up to CDN$2.1 million. The company will issue up to 1,200,000 units at CDN$1.75 per unit. Each unit includes one common share and half a warrant, with each full warrant exercisable at CDN$2.25 per share within 18 months of closing.
The company maintains an acceleration right if the stock trades at or above CDN$2.75 for 20 consecutive trading days. Proceeds will fund Lightning Network business expansion, Bitcoin purchases, and working capital. The placement includes a 4-month hold period and may involve up to 5% finder's fees. Directors, management, and existing shareholders are expected to participate, subject to TSXV approval.
LQWD Technologies (TSXV: LQWD) (OTCQB: LQWDF) has acquired an additional 5 Bitcoin, bringing its total holdings to approximately 153 Bitcoin (15.3 billion Satoshis). The company maintains a debt-free status with all Bitcoin holdings unencumbered.
As Canada's premier Bitcoin-backed strategy provider, LQWD ranks as the 4th largest Bitcoin-Per-Share holder among Canadian public companies with 0.00000799 BTC per share, and 23rd globally in Bitcoin-Per-Share metrics. The acquisition aligns with LQWD's strategic plan to use Bitcoin as a store of value, per-share backing asset, and operating resource for its Lightning Network platform.
The company utilizes its Bitcoin holdings on a scalable global infrastructure network to expand market presence and generate fee revenue in Bitcoin Satoshis.
LQWD Technologies Corp (TSXV: LQWD) (OTCQB: LQWDF) has acquired an additional 7 Bitcoin, bringing its total holdings to approximately 148 Bitcoin (14.8 billion Satoshis). The company maintains a debt-free status with unencumbered Bitcoin holdings, positioning itself as one of the most Bitcoin-centric public companies globally.
As the 4th highest Bitcoin-Per-Share holder in Canadian public markets at 0.00000784 BTC/share and ranking 23rd globally, LQWD implements a yield-generating strategy by deploying Bitcoin on its Lightning Network infrastructure. This enables low-cost, instant global transactions while earning Bitcoin-denominated fees.
The company's Bitcoin-first approach focuses on both store-of-value and medium of exchange applications, aiming to enhance shareholder value through Bitcoin accumulation and Lightning Network infrastructure expansion.
LQWD Technologies Corp. (TSXV: LQWD) (OTCQB: LQWDF), a Bitcoin Lightning Network infrastructure provider, has announced the opening of a new office in Lugano, Switzerland. The strategic expansion aims to develop partnerships within the Bitcoin Lightning Network ecosystem and enhance European market presence.
The office is located in the Proof of Work Space (PoW Space), a co-working environment focused on Bitcoin and peer-to-peer innovation in central Lugano. The choice of location is significant as Lugano announced in March 2022 its acceptance of Bitcoin as de facto legal tender for various payments, including taxes and municipal services.
This expansion aligns with Switzerland's broader cryptocurrency initiatives, including a recent proposal to amend the Swiss Federal Constitution requiring the Swiss National Bank to hold Bitcoin as reserves.
LQWD Technologies has successfully closed its non-brokered private placement, raising CDN$3,000,000 through the issuance of 2,000,000 units at CDN$1.50 per unit. Each unit includes one common share and half a warrant, with full warrants exercisable at CDN$2.00 per share within 18 months. The company has an acceleration clause if shares trade at CDN$2.50 for 20 consecutive days.
Notable participants include director Alex Guidi (247,666 units), 210K Capital LP (256,333 units), and Beach Chair 615 (188,667 units). Proceeds will fund Lightning Network business expansion, Bitcoin purchases, and working capital. No finder's fee was paid, and securities have a 4-month hold period.
LQWD Technologies Corp. (TSXV: LQWD) (OTCQB: LQWDF) has joined the Bitcoin for Corporations initiative as an Executive Member. The initiative, founded by MicroStrategy and Bitcoin Magazine, aims to accelerate corporate Bitcoin adoption.
Through this membership, LQWD gains access to strategic resources and partnerships supporting Bitcoin adoption and corporate implementation strategies. This aligns with LQWD's mission to enhance global transaction efficiency using Bitcoin's Lightning Network for instant, low-cost payments at mass scale, while focusing on advancing Lightning Network infrastructure and increasing bitcoin-per-share on their balance sheet.
LQWD Technologies Corp. (TSXV: LQWD) (OTCQB: LQWDF), a Bitcoin Lightning Network infrastructure provider, announced the results of its annual general meeting held on November 26, 2024. Shareholders approved all nominated directors as presented in the October 25, 2024 Management Information Circular. Additionally, shareholders approved the appointment of Kingston Ross Pasnak LLP as the company's auditor and authorized the Board to determine their remuneration. The company's stock option plan was also approved during the meeting.
LQWD Technologies announces reaching one million transactions on its Bitcoin Lightning Network infrastructure, routing approximately 857 Bitcoin valued at CDN$50 million (US$37 million). The company experienced significant growth in 2024, processing about 643,000 transactions from January to October, compared to 112,900 in the same period of 2023. LQWD's revenue model involves deploying company-owned Bitcoin on its network to earn fees paid in Satoshis. With over 1,200 connected channels, LQWD-Canada ranks as the sixth-largest node globally.