Private investment secures LQWD Technologies with $1.8 million for the purpose of bitcoin acquisition
In the rapidly evolving world of cryptocurrency, LQWD Technologies, a Canadian company, has distinguished itself as one of the few public entities pursuing a BTC-based treasury strategy. This innovative approach is setting LQWD apart from its competitors.
Recently, LQWD raised $1.8 million through a private placement, which will be used to purchase additional BTC volume. This move underscores the company's commitment to BTC and its strategic importance. At current market prices, LQWD Technologies' BTC reserves are valued at nearly $28 million.
The company has implemented the 'Satoshi per Share' metric for more precise reporting of its BTC reserves. This approach, which has gained recognition on financial markets, emphasizes the significance of fractional ownership. A Satoshi, the smallest unit of BTC, is equal to one hundred millionth of a coin.
By reporting in satoshis per share, LQWD aims to reflect the value of each share as BTC prices rise. This transparency is viewed by LQWD as an educational tool and a step towards more transparent reporting in the digital assets sphere.
LQWD's focus on BTC and the Lightning Network is not new. In 2021, the company started with 30 BTC, and by 2025, it reached 238.5 BTC. This consistent increase in BTC holdings is a testament to the company's long-term vision and strategic planning.
BTC serves as a base reserve asset for LQWD Technologies and enables infrastructure for decentralized p2p transactions on the Lightning Network. The company aims to stimulate wider adoption of fast, secure, and low-cost digital payments.
Moreover, LQWD Technologies views BTC as serving a dual role: a long-term savings tool and support for practical solutions. By positioning itself as a player in BTC custody and technological innovation, LQWD is making strides in the digital assets industry.
Meanwhile, another Canadian company, Hut 8 Mining, has also been making waves in the BTC world. The company has increased its BTC holdings from 30 BTC to 238.5 BTC, with the current value of these reserves estimated to be several million US dollars, depending on the current BTC price.
In conclusion, LQWD Technologies' strategic approach to BTC and the Lightning Network, coupled with its transparency and educational initiatives, could set it apart from competitors and contribute to the wider adoption of digital assets.
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