Press Releases
- January 21, 2025
LQWD Acquires Additional Bitcoin to Expand Lightning Network Operations
Vancouver, Canada – January 21, 2025 – Canada’s premier Bitcoin-backed strategy LQWD Technologies Corp. (TSXV: LQWD, OTCQX: 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 added an additional 4 Bitcoin to its holdings.
With this purchase, LQWD now holds ~157 Bitcoin, equivalent to 15.7 billion Satoshis (Sats). The Company remains entirely debt-free, with all Bitcoin holdings unencumbered.
LQWD deploys Bitcoin on the Company’s highly scalable global Lightning Network infrastructure to expand its transaction and liquidity on demand services. To date, LQWD has facilitated over 1.150 million transactions routing over 978 Bitcoin through the Company’s network.
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 ~157 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: [email protected]
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 press 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.
This release shall not constitute an offer to sell or the solicitation of an offer to buy the Units, nor shall there be any sale of the Units in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to the registration or qualification under the securities laws of any such jurisdiction. The Units being offered will not be, and have not been, registered under the United States Securities Act of 1933, as amended, and may not be offered or sold within the United States or to, or for the account or benefit of, a U.S. person.
- January 16, 2025
LQWD Acquires Additional Bitcoin
Vancouver, Canada – January 16, 2024 – 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 4th largest Bitcoin-Per-Share holder among Canadian public companies, with 0.00000799 BTC per share (source). On a global scale, LQWD ranks 23rd 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: [email protected]
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 press 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.
- January 14, 2025
LQWD Acquires Additional Bitcoin to Strengthen Strategic Reserves and Expand Yield Generating Lightning Network Operations
Vancouver, Canada – January 14, 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 7 Bitcoin. This purchase reinforces the Company’s strategic focus on expanding its Bitcoin-backed infrastructure and increasing shareholder value.
Key Highlights:
- Bitcoin Holdings Bolstered: LQWD now holds ~148 Bitcoin, equivalent to 14.8 billion SatoshisSatoshis (Sats), positioning the Company as one of the most Bitcoin-centric public companies in the world.
- Debt-Free Financial Strength: The Company remains entirely debt-free, with all Bitcoin holdings unencumbered, reflecting a strong financial foundation.
- Yield-Generating Strategy: LQWD earns a yield on its Bitcoin holdings by deploying them on its highly scalable Lightning Network infrastructure, enabling low-cost, instant global transactions and generating Bitcoin-denominated fees.
Bitcoin First Approach
LQWD is uniquely positioned as a public market pure-play focused on Bitcoin as both a store-of-value and a medium of exchange. The Company’s strategy leverages Bitcoin’s potential across financial systems while maintaining a corporate treasury centered on Bitcoin accumulation, with a continued commitment to this approach. This strategic focus enhances shareholder value by increasing the intrinsic value of each share, ensuring long-term alignment with Bitcoin’s growth trajectory and the expansion of the Company’s leading Lightning Network infrastructure.
Advancing Bitcoin-Per-Share Metrics
A cornerstone of LQWD’s corporate treasury playbook is its commitment to increasing its Bitcoin-Per-Share (BTC/share) metric. Currently, LQWD ranks as the 4th highest Bitcoin-Per-Share holder in the Canadian public markets at 0.00000784 BTC/share, trailing only Hut 8 Mining, HIVE Digital Technologies, and Galaxy Digital Holdings (source). Globally, LQWD is ranked 23rd in Bitcoin-Per-Share metrics (source), a testament to its disciplined Bitcoin accumulation strategy.
Generating Yield on the Lightning Network
LQWD’s infrastructure powers instant, low-cost global payments via the Bitcoin Lightning Network. By utilizing Bitcoin as an operating asset, the Company drives market expansion, promotes Lightning Network adoption, and supports the broader Bitcoin ecosystem. For every transaction routed, LQWD earns a small fee paid in Bitcoin SatoshisSatoshi’s. While these fees are currently modest, growing adoption is expected to increase their value, reinforcing LQWD’s commitment to expanding its market share and network presence.
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 ~148 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: [email protected]
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 press 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.
- January 7, 2025
LQWD Technologies Corp. Establishes Switzerland Office to Accelerate European Growth
Vancouver, Canada – January 7, 2025 – Bitcoin-backed LQWD Technologies Corp. (TSXV: LQWD, OTC: LQWDF) (“LQWD” or the “Company”), a leader in enterprise-grade Bitcoin Lightning Network infrastructure, announces the establishment of a new office in Lugano, Switzerland. This strategic expansion aims to foster partnerships within the Bitcoin Lightning Network ecosystem, advance corporate development initiatives, and enhance investor awareness across the European market.
Lugano has emerged as a significant hub for Bitcoin adoption and innovation. In March 2022, the city announced its plan to accept Bitcoin as de facto legal tender, facilitating the use of Bitcoin for various payments, including taxes and municipal services. This progressive stance has attracted numerous Bitcoin and fintech companies, fostering a vibrant ecosystem for digital finance.
The new office is situated within the Proof of Work Space (“PoW Space”), a premier co-working environment dedicated to Bitcoin and peer-to-peer innovation. Located in the heart of Lugano, PoW Space offers state-of-the-art facilities designed to inspire collaboration and elevate projects to new heights.
Switzerland continues to demonstrate its commitment to integrating Bitcoin into its financial framework. A recent proposal has been initiated to amend the Swiss Federal Constitution, requiring the Swiss National Bank to hold Bitcoin as part of its reserves. This initiative underscores the nation’s progressive approach to cryptocurrency adoption and positions Switzerland as a potential pioneer in state-level Bitcoin integration.
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. Our infrastructure enables instant, low-cost, global internet-powered payments at scale. LQWD provides scalable solutions for the open payments market, delivering enterprise-grade infrastructure to support the rapid growth of the Lightning Network. LQWD is debt free, holding ~141 Bitcoin and focused on expanding its holdings through an ongoing Bitcoin accumulation strategy.
For more details, please refer to LQWD’s corporate presentation and stay updated on our Lightning Network node growth or connect to the Company’s nodes in real time.
For further information:
Ashley Garnot, Director
Phone: 1.604.669.0912
Email: [email protected]
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 press 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.
- December 24, 2024
LQWD Announces Closing of Non-Brokered Private Placement
Vancouver, Canada – December 23, 2024 – LQWD Technologies Corp. (TSXV: LQWD, OTCQB: LQWDF) (“LQWD” or the “Company”) is pleased to announce that it has closed its non-brokered private placement financing of CDN$3,000,000 (the “Private Placement”), which was previously announced on November 15, 2024.
Under the Private Placement, the Company issued an aggregate of 2,000,000 units of the Company at a price of CDN$1.50 per unit to raise gross proceeds of CDN$3,000,000. Each unit consists of one common share of the Company and one-half of one common share purchase warrant. Each full warrant is exercisable into one common share at an exercise price of CDN$2.00 per share at any time up to 18 months following the closing date of the Private Placement. The shares and warrants from the Private Placement are subject to a 4 month hold period before becoming free trading.
If the volume weighted average trading price of the common shares on the TSX Venture Exchange is equal to or greater than CDN$2.50 for a period of 20 consecutive trading days, the Company will have the right to accelerate the expiry date of the warrants by giving written notice that the warrants will expire on the date that is not less than 10 days from the date notice is provided by the Company to the warrant holder.
The net proceeds from the Private Placement will be used for, but are not limited to, continuing to expand LQWD’s Lightning Network business, additional Bitcoin purchases, and general working capital purposes.
In connection with the Private Placement, the Company did not pay a finder’s fee.
Alex Guidi, a non-executive director of the Company, and 210K Capital LP, a significant shareholder of the Company, participated in the Private Placement by purchasing 247,666 units and 256,333 units for aggregate subscription prices of $371,499 and $384,500, accordingly. Also, an Affiliate of 210K Capital LP, Beach Chair 615 LLC, participated in the Private Placement by purchasing 188,667 units for an aggregate subscription price of $283,000. Therefore, the Private Placement constitutes a “related party transaction” for the Company within the meaning of Multilateral Instrument 61-101 – Protection of Minority Security Holders in Special Transactions (“MI 61-101”). The Company is exempt from the requirements to obtain a formal valuation and minority shareholder approval under MI 61-101 as the fair market value of each insider’s participation in the Private Placement does not exceed more than 25% of the market capitalization of the Company, as set forth in Sections 5.5(a) and 5.7(1)(a) of MI 61-101.
About LQWD Technologies Corp.
LQWD is a Canadian-based, publicly traded company focused on expanding Lightning Network transaction infrastructure to enable instant, low-cost, internet-powered payments. The Company is committed to delivering enterprise-ready solutions for open payments at scale using the Lightning Network.
For more details, please refer to LQWD’s corporate presentation and stay updated on our Lightning Network node growth or connect to the Company’s nodes in real time.
For further information:
Ashley Garnot, Director
Phone: 1.604.669.0912
Email: [email protected]
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 press 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.
This release shall not constitute an offer to sell or the solicitation of an offer to buy the Units, nor shall there be any sale of the Units in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to the registration or qualification under the securities laws of any such jurisdiction. The Units being offered will not be, and have not been, registered under the United States Securities Act of 1933, as amended, and may not be offered or sold within the United States or to, or for the account or benefit of, a U.S. person.
- December 4, 2024
LQWD Technologies Corp. Joins MicroStrategy Led “Bitcoin for Corporations” Initiative as Executive Member
Vancouver, Canada – December 4, 2024 –LQWD Technologies Corp. (TSXV: LQWD, OTC: LQWDF) (“LQWD” or the “Company”), a leader in enterprise-grade Bitcoin Lightning Network infrastructure, proudly announces its membership as an Executive Member in the esteemed Bitcoin for Corporations initiative, founded by industry giant MicroStrategy and Bitcoin Magazine to accelerate corporate Bitcoin adoption.
Through Bitcoin for Corporations, LQWD gains strategic access to resources and partnerships that support Bitcoin adoption and innovative corporate implementations and strategies.
This collaboration fully aligns with LQWD’s mission to enhance global transaction efficiency, leveraging the power of Bitcoin’s Lightning Network for instant, low-cost internet-powered payments at mass scale. Moreover, this reflects LQWD’s dedication to pioneering advancements in Lightning Network infrastructure and increasing the Company’s bitcoin-per-share on the balance sheet.
About LQWD Technologies Corp.
LQWD Technologies Corp. is a Canadian-based, publicly traded company committed to expanding its Bitcoin Lightning Network transaction infrastructure and liquidity-on-demand services. Our infrastructure enables instant, low-cost, global internet-powered payments at scale. LQWD provides scalable solutions for the open payments market, delivering enterprise-grade infrastructure to support the rapid growth of the Lightning Network. LQWD is debt free, holding 141 Bitcoin with an ongoing Bitcoin accumulation strategy.
For more details, please refer to LQWD’s corporate presentation and stay updated on our Lightning Network node growth or connect to the Company’s nodes in real time.
For further information:
Ashley Garnot, Director
Phone: 1.604.669.0912
Email: [email protected]
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 press 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.
This release shall not constitute an offer to sell or the solicitation of an offer to buy the Units, nor shall there be any sale of the Units in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to the registration or qualification under the securities laws of any such jurisdiction. The Units being offered will not be, and have not been, registered under the United States Securities Act of 1933, as amended, and may not be offered or sold within the United States or to, or for the account or benefit of, a U.S. person.
- November 27, 2024
LQWD Reports Voting Results at Annual General Meeting of Shareholders
Vancouver, Canada – November 27, 2024 – LQWD Technologies Corp. (TSXV: LQWD, OTC: 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 report the voting results for the Company’s annual general meeting of shareholders (the “Meeting”) held on November 26, 2024, in Vancouver, British Columbia.
All nominees, as set forth in the Company’s Management Information Circular dated October 25, 2024 (the “Circular”), were elected as directors of LQWD at the Meeting.
At the Meeting, shareholders also approved: (1) the appointment of Kingston Ross Pasnak LLP as auditor of the Company for the ensuing year and authorizing the Board of Directors to fix the remuneration of the auditor, and (2) the approval of the Company’s stock option, as more particularly described in the Circular.
For further information regarding the matters considered at the Meeting readers are encouraged to review the Circular, a copy of which is available under the profile for the Company on SEDAR+ (www.sedarplus.ca).
LQWD has more than 1,200 connected channels, with channel growth continuing across the Company’s globally connected network. The Company’s primary node, LQWD-Canada, is ranked as the sixth-largest node worldwide.
About LQWD Technologies Corp.
LQWD Technologies Corp. is a Canadian-based, publicly traded company committed to expanding its Bitcoin Lightning Network transaction infrastructure and liquidity-on-demand services. Our infrastructure enables instant, low-cost, global internet-powered payments at scale. LQWD provides scalable solutions for the open payments market, delivering enterprise-grade infrastructure to support the rapid growth of the Lightning Network. LQWD is debt free, holding 141 Bitcoin with an ongoing Bitcoin accumulation strategy.
For more details, please refer to LQWD’s corporate presentation and stay updated on our Lightning Network node growth or connect to the Company’s nodes in real time.
For further information:
Ashley Garnot, Director
Phone: 1.604.669.0912
Email: [email protected]
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 press 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.
This release shall not constitute an offer to sell or the solicitation of an offer to buy the Units, nor shall there be any sale of the Units in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to the registration or qualification under the securities laws of any such jurisdiction. The Units being offered will not be, and have not been, registered under the United States Securities Act of 1933, as amended, and may not be offered or sold within the United States or to, or for the account or benefit of, a U.S. person.
Our Bitcoin accumulation strategy continues...
LQWD is the 4th highest Bitcoin-per-share holder among Canadian public companies with 0.00000784 BTC/share! Trailing only @Hut8Corp , @HIVEDigitalTech , and @GalaxyDigital
News - We've added 7 more Bitcoin to our balance sheet, bringing our total to ~148 BTC (14.8 billion Sats).
⚡ Debt-free, Bitcoin-backed, and earning yield via our Lightning Network infrastructure!
Read the full Press Release here: https://lqwdtech.com/2025/lqwd-acquires-additional-bitcoin-to-strengthen-strategic-reserves-and-expand-yield-generating-lightning-network-operations/
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