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LQWD Technologies Corp. (TSXV: LQWD), a Canadian Bitcoin infrastructure company, announced<\/a> it has purchased an additional 10 Bitcoin at an average price of $109,240, totaling $1,092,400. This latest purchase raises LQWD\u2019s total holdings to 181 Bitcoin, valued at approximately $8.9 million with an average acquisition price of $49,174 per BTC.<\/p>\n The acquisition supports LQWD\u2019s ongoing strategy to accumulate Bitcoin<\/a> and grow its Lightning Network Service Provider (LSP) business. With approximately 24.5 million shares outstanding, the company now holds roughly 737 Sats per share. LQWD remains debt-free, and its Bitcoin reserves are entirely unencumbered.<\/p>\n \u201cIn line with its ongoing Bitcoin accumulation strategy to grow its LSP business, LQWD now holds 181 Bitcoin or approximately ~737 Sats per LQWD share,\u201d mentioned the press release. \u201cThe Company currently has approximately 24,546,742 million shares outstanding, remains debt-free, and holds all Bitcoin reserves unencumbered.\u201d<\/p>\n On March 19, 2024, LQWD announced<\/a> a partnership with Amboss Technologies Inc. to become their premiere Lightning Network Liquidity Service Provider. As part of the agreement, LQWD committed an initial 10 Bitcoin in liquidity.<\/p>\n \u201cPartnering with LQWD ensures that Amboss\u2019s global customers have direct access to institutional-grade liquidity for Bitcoin payments, allowing LQWD to generate additional yield through their nodes on the Lightning Network,\u201d said the Co-Founder and CEO of Amboss Jesse Shrader. \u201cAdditionally, this partnership increases the supply side of Amboss\u2019s liquidity marketplace, enabling LQWD to fulfill the market demand for Lightning Network liquidity.\u201d<\/p>\n