LQWD Technologies Completes Private Placement to Fund Bitcoin Purchases

According to Odaily, Canadian Bitcoin Lightning Network company LQWD Technologies has announced the completion of a previously disclosed non-brokered private placement. The company sold 560,975 common shares, raising approximately 2.3 million Canadian dollars (around 1.68 million U.S. dollars). The funds will be used to purchase Bitcoin to support the expansion of its Lightning Network services and for general corporate purposes.