LQWD Technologies Corp. acquired an additional 57.5 Bitcoin for approximately $6.8 million, raising total holdings to 238.5 Bitcoin valued at about $17.98 million. The average acquisition price is $75,331 per Bitcoin, emphasizing its accumulation strategy for the Lightning Network Service Provider business. With 27,546,741 outstanding shares, LQWD holds around 866 Satoshis per share, with a year-to-date BTC yield of 54.6%. The company remains debt-free, and their Bitcoin reserves are held unencumbered, focusing on enhancing Bitcoin-per-share metrics as a key value strategy.
Following the purchase, LQWD now holds approximately 238.5 Bitcoin in its treasury, valued at roughly $17.98 million with an average acquisition price of $75,331 per BTC.
LQWD emphasized that increasing its Bitcoin-per-share metrics is a core part of its value strategy.
Our long-term strategy is centered on accumulating Bitcoin, deploying it efficiently, and scaling in step with the growth of the Lightning Network.
LQWD's partnership with Amboss Technologies was a pivotal moment in its Lightning strategy.
#bitcoin-acquisition #lqwd-technologies #lightning-network #bitcoin-strategy #cryptocurrency-infrastructure
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