LQWD Acquires Additional Bitcoin Positioning the Company for Per Share Bitcoin Backing and Lightning Network Infrastructure Expansion
LQWD Technologies (TSXV: LQWD) (OTCQB: LQWDF) has acquired approximately 5 additional Bitcoin, bringing its total holdings to ~141 Bitcoin (14.1 billion Satoshis). The company, which remains debt-free, maintains these Bitcoin holdings free of encumbrances. This acquisition aligns with LQWD's strategic plan initiated in 2021 to accumulate Bitcoin for store-of-value, per-share backing, and operational purposes on their Lightning Network platform. The company utilizes Bitcoin on its global infrastructure network to expand market share and generate fee revenue in Bitcoin Satoshis.
LQWD Technologies (TSXV: LQWD) (OTCQB: LQWDF) ha acquisito circa 5 Bitcoin aggiuntivi, portando il totale a ~141 Bitcoin (14,1 miliardi di Satoshis). L'azienda, che rimane senza debiti, mantiene queste partecipazioni in Bitcoin prive di oneri. Questa acquisizione è in linea con il piano strategico di LQWD avviato nel 2021 per accumulare Bitcoin come valore di riserva, supporto per azione e scopi operativi sulla loro piattaforma Lightning Network. L'azienda utilizza Bitcoin sulla sua rete infrastrutturale globale per espandere la quota di mercato e generare ricavi in commissioni in Satoshis Bitcoin.
LQWD Technologies (TSXV: LQWD) (OTCQB: LQWDF) ha adquirido aproximadamente 5 Bitcoin adicionales, llevando su total a ~141 Bitcoin (14.1 mil millones de Satoshis). La compañía, que se mantiene libre de deudas, tiene estas reservas de Bitcoin libres de gravámenes. Esta adquisición se alinea con el plan estratégico de LQWD iniciado en 2021 para acumular Bitcoin como reserva de valor, respaldo por acción y propósitos operativos en su plataforma Lightning Network. La empresa utiliza Bitcoin en su red de infraestructura global para expandir su cuota de mercado y generar ingresos por comisiones en Satoshis de Bitcoin.
LQWD Technologies (TSXV: LQWD) (OTCQB: LQWDF)는 약 5개의 추가 비트코인을 인수하여 총 보유량을 ~141 비트코인(141억 Satoshi)으로 늘렸습니다. 부채가 없는 이 회사는 이러한 비트코인 보유량을 담보 없이 유지합니다. 이번 인수는 2021년에 시작된 LQWD의 전략적 계획과 일치하며, 비트코인을 가치 저장, 주당 지원, 그리고 Lightning Network 플랫폼에서의 운영 목적을 위해 축적하고 있습니다. 이 회사는 글로벌 인프라 네트워크에서 비트코인을 활용하여 시장 점유율을 확장하고 비트코인 Satoshi로 수수료 수익을 창출합니다.
LQWD Technologies (TSXV: LQWD) (OTCQB: LQWDF) a acquis environ 5 Bitcoin supplémentaires, portant son total à ~141 Bitcoin (14,1 milliards de Satoshis). L'entreprise, qui reste sans dettes, maintient ces avoirs en Bitcoin sans charges. Cette acquisition s'inscrit dans le cadre du plan stratégique de LQWD, lancé en 2021, visant à accumuler des Bitcoin comme réserve de valeur, soutien par action et à des fins opérationnelles sur leur plateforme Lightning Network. L'entreprise utilise Bitcoin sur son réseau d'infrastructure mondial pour augmenter sa part de marché et générer des revenus de frais en Satoshis Bitcoin.
LQWD Technologies (TSXV: LQWD) (OTCQB: LQWDF) hat etwa 5 weitere Bitcoin erworben, wodurch sich der Gesamtbestand auf ~141 Bitcoin (14,1 Milliarden Satoshis) erhöht. Das Unternehmen, das weiterhin schuldenfrei ist, hält diese Bitcoin-Bestände ohne Belastungen. Diese Akquisition steht im Einklang mit dem strategischen Plan von LQWD, der 2021 initiiert wurde, um Bitcoin als Wertspeicher, als Kaution pro Aktie und für operationale Zwecke auf ihrer Lightning Network-Plattform anzuhäufen. Das Unternehmen nutzt Bitcoin in seinem globalen Infrastrukturnetz, um den Marktanteil zu erweitern und Gebühreneinnahmen in Bitcoin Satoshis zu generieren.
- Increased Bitcoin holdings to ~141 BTC
- Company maintains debt-free status
- Bitcoin holdings are unencumbered
- Generates fee revenue through Lightning Network operations
- None.
Vancouver, British Columbia--(Newsfile Corp. - November 13, 2024) - LQWD Technologies Corp. (TSXV: LQWD) (OTCQB: LQWDF) ("LQWD" or the "Company"), a leading provider of enterprise-grade transaction infrastructure and liquidity-on-demand for the Bitcoin Lightning Network, is pleased to announce that the Company has acquired an additional ~5 Bitcoin.
LQWD now holds ~141 Bitcoin, representing 14.1 billion Satoshis (Sats). LQWD remains a debt free company, and these Bitcoin holdings are free and clear of any encumbrances.
This additional purchase forms part of LQWD's ongoing strategic plan launched in 2021 to accumulate Bitcoin as a store-of-value, Bitcoin per share backing and as an operating asset for the Company's Lightning Network platform.
LQWD deploys Bitcoin on the Company's highly scalable global infrastructure network to expand market share and earn fees which are paid in Bitcoin Satoshis.
About LQWD Technologies Corp.
LQWD is a Canadian-based, publicly traded company focused on expanding Lightning Network transaction infrastructure and liquidity-on-demand to enable instant, low-cost, internet-powered payments. The Company is committed to delivering enterprise-ready solutions for open payments at scale using the Lightning Network.
For further information:
Ashley Garnot, Director
Phone: 1.604.669.0912
Email: ashley@lqwd.money
Website: www.lqwdtech.com
Twitter: @LQWDTech
Forward-Looking Statements
This release contains "forward-looking information" within the meaning of applicable securities laws relating to the Company's business plans and the outlook of the Company's industry. Although the Company believes, considering the experience of its officers and directors, current conditions and expected future developments and other factors that have been considered appropriate, that the expectations reflected in this forward-looking information are reasonable, undue reliance should not be placed on them because the Company can give no assurance that they will prove to be correct. Actual results and developments may differ materially from those contemplated by these statements. The statements in this release are made as of the date of this release and the Company assumes no responsibility to update them or revise them to reflect new events or circumstances other than as required by applicable securities laws.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/229771
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