Publicly traded company LQWD has launched an ATM plan to rapidly increase its Bitcoin holdings
BlockBeats News, July 16th, Canadian publicly traded company LQWD Technologies (LQWD), a Canada-based company backed by Bitcoin and a provider of enterprise infrastructure for the Bitcoin Lightning Network, announced the launch of an at-the-market equity offering program (hereinafter referred to as the "ATM Program"), which allows the company to periodically sell up to CAD 10 million of its common shares (hereinafter referred to as "Common Shares") to the public at its sole discretion from the company's treasury.
The ATM Program enhances LQWD's strategic execution capabilities and supports its rapid accumulation of Bitcoin as a core asset strategy, leveraging Bitcoin to drive and expand its global Lightning Network infrastructure. Bitcoin plays a crucial role in LQWD's strategy, powering the Lightning Network and serving as a key long-term asset in the company's finances.
You may also like

Nasdaq Enters Correction Territory | Rewire News Morning Brief

OpenAI loses to Thousnad-Question, unable to grow a checkout counter in the chatbox

One-Year Valuation Surged 140%, Who Is Signing the Check for Defense AI?

Bittensor vs. Virtuals: Two Distinct AI Flywheel Mechanisms

Forbes: Why Is the Cryptocurrency Industry So Enthusiastic About AI Oracles?

Ethereum Foundation publishes: Restructuring the division of labor between L1 and L2, jointly building the ultimate Ethereum ecosystem

Morning Report | Startale completes $63 million Series A financing; STS Digital launches structured cryptocurrency platform; Polymarket will charge a taker fee on almost all trading categories

The most important thing in Web3 primary market investment

The strategic focus of cryptocurrency in reconstructing the international monetary system and the Chinese solution

Musk Poached Aave App's Web3 Prodigy

The Petro Order is Cracking. What Comes Next for the Middle East?

ETF Fund Inflows Emerging, What's Still Missing for BTC to Fully Recover?

Forbes Special Report: The Embrace of AI Agents in the Cryptocurrency Industry

Bitpanda, Vision Web3 Foundation, and Optimism Partner to Onboard European Financial Institutions to the Global Blockchain Economy

What will the early Hyperliquid prediction market look like?

Overseas VC's Two-Week Trip to China AI Leaves Them in Awe of Shenzhen Hardware

Was CZ Also Rug Pulled? BNB Treasury CEA Industries Control Battle

