LQWD Technologies acquires 16 more bitcoin | 2024-10-25 | Investing News

Date:

  • LQWD Technologies (TSXV:LQWD) reveals it has added an additional 16 bitcoin to its portfolio, bringing its total bitcoin held to 31
  • The total represents a current value of C$12.3 million
  • The acquisition also supports LQWD’s mission to grow Bitcoin-Per-Share holdings
  • Shares of LQWD Technologies are unchanged at $0.87

LQWD Technologies (TSXV:LQWD) reveals it has added an additional 16 bitcoin to its portfolio to bring its total bitcoin held to 31, representing a total valuation of $12.3 million.

The company stated in a news release that the additional Bitcoin acquisitions support LQWD’s mission to grow its Bitcoin-per-share holdings.

“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,” Shone Anstey, CEO of…

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