LQWD Acquires Additional Bitcoin

Rhea-AI Summary

LQWD Technologies (TSXV: LQWD) (OTCQB: LQWDF) has acquired an additional 5 Bitcoin, bringing its total holdings to approximately 153 Bitcoin (15.3 billion Satoshis). The company maintains a debt-free status with all Bitcoin holdings unencumbered.

As Canada's premier Bitcoin-backed strategy provider, LQWD ranks as the 4th largest Bitcoin-Per-Share holder among Canadian public companies with 0.00000799 BTC per share, and 23rd globally in Bitcoin-Per-Share metrics. The acquisition aligns with LQWD's strategic plan to use Bitcoin as a store of value, per-share backing asset, and operating resource for its Lightning Network platform.

The company utilizes its Bitcoin holdings on a scalable global infrastructure network to expand market presence and generate fee revenue in Bitcoin Satoshis.

Positive

• Increased Bitcoin holdings to 153 BTC
• Maintains debt-free status
• Ranks 4th in Bitcoin-Per-Share among Canadian public companies
• Ranks 23rd globally in Bitcoin-Per-Share metrics
• Generates fee revenue through Bitcoin holdings utilization

Negative

• None.

Vancouver, British Columbia--(Newsfile Corp. - January 16, 2025) - Canada's premier Bitcoin-backed strategy LQWD Technologies Corp. (TSXV: LQWD) (OTCQB: LQWDF) ("LQWD" or the "Company"), a leading provider of enterprise-grade transaction infrastructure and liquidity-on-demand for the Bitcoin Lightning Network, is pleased to announce that the Company has acquired an additional 5 Bitcoin.

With this purchase, LQWD now holds ~153 Bitcoin, equivalent to 15.3 billion Satoshis (Sats). The Company remains entirely debt-free, with all Bitcoin holdings unencumbered.

This acquisition aligns with LQWD's strategic plan to accumulate Bitcoin as a store of value, a per-share backing asset, and an operating resource for its Lightning Network platform. LQWD is currently the 4^th largest Bitcoin-Per-Share holder among Canadian public companies, with 0.00000799 BTC per share (source). On a global scale, LQWD ranks 23^rd in Bitcoin-Per-Share metrics (source), highlighting its strategic and disciplined approach to Bitcoin accumulation.

LQWD leverages its Bitcoin holdings on a highly scalable global infrastructure network to grow its market presence and generate fee revenue paid in Bitcoin Satoshis.

About LQWD Technologies Corp.

LQWD is a Canadian-based, publicly traded company committed to expanding its Bitcoin Lightning Network transaction infrastructure and liquidity-on-demand services. By leveraging enterprise-grade infrastructure, LQWD supports the rapid growth of the Lightning Network and delivers scalable solutions for the open payments market. With ~153 Bitcoin in its treasury and a debt-free status, LQWD is focused on enhancing shareholder value through its innovative Bitcoin accumulation strategy and yield-generating operations.

For more information, please visit LQWD's corporate presentation and connect with the Company's Lightning Network nodes in real time.

For further information:

Ashley Garnot, Director
Phone: 1.604.669.0912
Email: ashley@lqwdtech.com
Website: www.lqwdtech.com
X: @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.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/237447

FAQ

How many Bitcoin does LQWDF currently hold after its latest acquisition?

After its latest acquisition of 5 Bitcoin, LQWDF now holds approximately 153 Bitcoin, equivalent to 15.3 billion Satoshis.

What is LQWDF's Bitcoin-Per-Share ratio as of January 2025?

LQWDF's Bitcoin-Per-Share ratio is 0.00000799 BTC per share.

Where does LQWDF rank among Canadian companies in terms of Bitcoin-Per-Share holdings?

LQWDF ranks as the 4th largest Bitcoin-Per-Share holder among Canadian public companies.

How does LQWDF utilize its Bitcoin holdings for revenue generation?

LQWDF leverages its Bitcoin holdings on a global infrastructure network to grow market presence and generate fee revenue paid in Bitcoin Satoshis.

What is LQWDF's current debt status regarding its Bitcoin holdings?

LQWDF is entirely debt-free, with all Bitcoin holdings unencumbered.