LQWD Now Holds 131 Bitcoin with Additional Purchases
LQWD Technologies has acquired approximately 16 additional Bitcoin, bringing its total holdings to 131 Bitcoin (13.1 billion Satoshi's), equivalent to 808 Satoshi's per LQWD share. The company's Bitcoin holdings, valued at approximately CDN$12.3 million, are free of encumbrances. This acquisition aligns with LQWD's strategy to increase Bitcoin-Per-Share holdings and strengthen its position in Lightning Network infrastructure. The company has processed over 930,000 transactions since November 2021 and maintains over 1,200 connected channels across multiple countries, including France, Brazil, Sweden, Italy, Singapore, and Japan.
LQWD Technologies ha acquisito circa 16 Bitcoin aggiuntivi, portando il totale a 131 Bitcoin (13,1 miliardi di Satoshi), equivalente a 808 Satoshi per azione LQWD. Le partecipazioni in Bitcoin dell'azienda, valutate circa 12,3 milioni di dollari canadesi, sono libere da vincoli. Questa acquisizione è in linea con la strategia di LQWD di aumentare le partecipazioni in Bitcoin per azione e rafforzare la sua posizione nell'infrastruttura della Lightning Network. L'azienda ha elaborato oltre 930.000 transazioni da novembre 2021 e mantiene oltre 1.200 canali connessi in diversi paesi, tra cui Francia, Brasile, Svezia, Italia, Singapore e Giappone.
LQWD Technologies ha adquirido aproximadamente 16 Bitcoin adicionales, llevando su total a 131 Bitcoin (13.1 mil millones de Satoshis), equivalente a 808 Satoshis por acción de LQWD. Las tenencias en Bitcoin de la compañía, valoradas en aproximadamente 12.3 millones de dólares canadienses, están libres de cargas. Esta adquisición se alinea con la estrategia de LQWD de aumentar las tenencias de Bitcoin por acción y fortalecer su posición en la infraestructura de la Lightning Network. La empresa ha procesado más de 930,000 transacciones desde noviembre de 2021 y mantiene más de 1,200 canales conectados en varios países, incluidos Francia, Brasil, Suecia, Italia, Singapur y Japón.
LQWD Technologies는 약 16개의 비트코인을 추가로 인수하여 총 보유량이 131 비트코인 (131억 사토시)에 이르렀으며, 이는 LQWD 주당 808 사토시에 해당합니다. 회사의 비트코인 보유량은 약 1,230만 캐나다 달러로, 어떠한 부담도 없습니다. 이번 인수는 LQWD가 비트코인 주당 보유량을 늘리고 Lightning Network 인프라에서의 입지를 강화하려는 전략과 일치합니다. 이 회사는 2021년 11월 이후로 93만 건 이상의 거래를 처리했으며, 프랑스, 브라질, 스웨덴, 이탈리아, 싱가포르, 일본 등 여러 국가에서 1,200개 이상의 연결된 채널을 유지하고 있습니다.
LQWD Technologies a acquis environ 16 Bitcoin supplémentaires, portant son total à 131 Bitcoin (13,1 milliards de Satoshis), ce qui équivaut à 808 Satoshis par action LQWD. Les avoirs en Bitcoin de l'entreprise, d'une valeur d'environ 12,3 millions de dollars canadiens, sont exempts de charges. Cette acquisition s'inscrit dans la stratégie de LQWD d'augmenter les avoirs en Bitcoin par action et de renforcer sa position dans l'infrastructure du Lightning Network. L'entreprise a traité plus de 930 000 transactions depuis novembre 2021 et maintient plus de 1 200 canaux connectés dans plusieurs pays, dont la France, le Brésil, la Suède, l'Italie, Singapour et le Japon.
LQWD Technologies hat ungefähr 16 zusätzliche Bitcoin erworben, was den Gesamtbestand auf 131 Bitcoin (13,1 Milliarden Satoshi) erhöht und 808 Satoshi pro LQWD-Aktion entspricht. Die Bitcoin-Bestände des Unternehmens, die auf ca. 12,3 Millionen kanadische Dollar geschätzt werden, sind lastenfrei. Dieser Erwerb steht im Einklang mit der Strategie von LQWD, die Bitcoin-Pro-Aktion-Bestände zu erhöhen und die Position im Lightning Network-Infrastruktur zu stärken. Das Unternehmen hat seit November 2021 über 930.000 Transaktionen verarbeitet und verfügt über mehr als 1.200 verbundene Kanäle in mehreren Ländern, darunter Frankreich, Brasilien, Schweden, Italien, Singapur und Japan.
- Increased Bitcoin holdings to 131 BTC (CDN$12.3 million)
- Processed over 930,000 transactions since November 2021
- Maintains 1,200+ connected channels across multiple countries
- Bitcoin holdings are free of any encumbrances
- None.
VANCOUVER, BC / ACCESSWIRE / October 25, 2024 / LQWD Technologies Corp. (TSXV:LQWD)(OTCQB:LQWDF) ("LQWD" or the "Company"), a leading provider of enterprise-grade transaction infrastructure and liquidity services for the Bitcoin Lightning Network, is pleased to announce that the Company has recently acquired an additional ~16 Bitcoin.
With this recent purchase, LQWD now holds 131 Bitcoin, representing 13.1 billion Satoshi's, equating to 808 Satoshi's per LQWD share. LQWD's Bitcoin holdings are free and clear of any encumbrances with a current value of approximately CDN
This acquisition also aligns with LQWD's mission to grow Bitcoin-Per-Share holdings and further solidifies LQWD's position as a leading Lightning Network infrastructure and liquidity services.
Key Highlights:
Bitcoin-Per-Share Increase: The current and recent Bitcoin purchases boost the Company's Bitcoin-Per-Share metric.
Market Capitalization Enhancement: With the additional Bitcoin holdings, a larger proportion of LQWD's market capitalization will be backed by Bitcoin assets, strengthening the Company's financial position.
Strategic Growth Initiative: This move complements LQWD's ongoing efforts to expand its industry leading Lightning Network infrastructure, which has now processed over 930,000 transactions since its launch in November 2021.
Shone Anstey, CEO of LQWD, says "We are maximizing shareholder value by increasing and deploying our Bitcoin holdings on LQWD's Lightning Network infrastructure, which earns fees and compounds our Bitcoin holdings. This investment not only reflects our confidence in Bitcoin as a store-of-value but also reinforces our dedication to advancing the Lightning Network ecosystem."
LQWD continues to experience robust network growth, with over 1,200 connected channels across key regions, including France, Brazil, Sweden, Italy, Singapore, and Japan. The Company's focus on AI-driven network optimization and efficient channel management has positioned it at the forefront of the Lightning Network landscape.
For more details, please refer to LQWD's corporate presentation and stay updated on our Lightning Network node growth or connect to the Company's nodes in real time.
About LQWD Technologies Corp.
LQWD is a Canadian-based, publicly traded company focused on expanding Lightning Network transaction infrastructure 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.
SOURCE: LQWD Technologies
View the original press release on accesswire.com
FAQ
How many Bitcoin does LQWD Technologies (LQWDF) currently hold?
What is the current value of LQWD Technologies' (LQWDF) Bitcoin holdings?
How many transactions has LQWD Technologies' (LQWDF) Lightning Network processed?