Stay Ahead of the Market:
- Discover outperforming stocks and invest smarter with Top Smart Score Stocks
- Filter, analyze, and streamline your search for investment opportunities using Tipranks' Stock Screener
LQwD FinTech Corp ( (TSE:LQWD) ) just unveiled an update.
LQWD Technologies Corp., a leader in enterprise-grade transaction infrastructure for the Bitcoin Lightning Network, has announced the acquisition of an additional 5 Bitcoin, bringing its total holdings to approximately 153 Bitcoin. This strategic acquisition supports LQWD’s objective of accumulating Bitcoin as a store of value and operating resource, reinforcing its position as the fourth largest Bitcoin-Per-Share holder among Canadian public companies and the 23rd globally. By utilizing its Bitcoin holdings, LQWD aims to expand its market presence and generate fee revenue, thus bolstering its industry positioning and delivering value to shareholders.
More about LQwD FinTech Corp
LQWD Technologies Corp. is a Canadian-based, publicly traded company specializing in the expansion of Bitcoin Lightning Network transaction infrastructure and liquidity-on-demand services. The company focuses on leveraging enterprise-grade infrastructure to support the growth of the Lightning Network and deliver scalable solutions for the open payments market. LQWD holds approximately 153 Bitcoin in its treasury and operates entirely debt-free, aiming to enhance shareholder value through innovative Bitcoin accumulation strategies and yield-generating operations.
YTD Price Performance: -7.21%
Average Trading Volume: 37,213
Technical Sentiment Consensus Rating: Sell
Current Market Cap: C$36.36M
See more data about LQWD stock on TipRanks’ Stock Analysis page.
