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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.
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