Private investment of $1.8 million by LQWD Technologies for the acquisition of Bitcoin assets
LQWD, a private company without commercial character, has recently raised 1.8 million US dollars through a private issuance. This fresh capital will be earmarked for Bitcoin purchases, strengthening the company's balance sheet.
The company, which positions itself as both a Bitcoin treasury actor and a technology builder, is adopting a unique approach to reporting its Bitcoin reserves. LQWD is now using a "satoshis per share" metric to provide a more accurate representation of its reserves. A satoshi, the smallest fraction of BTC (one hundred millionth), offers the advantage of showing the exact value represented by each share, even as the BTC price grows.
By reporting data in satoshis, LQWD aims to help shareholders understand the actual shareholder value backing each share. This approach is attracting attention in financial markets due to its emphasis on fractional ownership and its potential to help investors understand the real value of assets supporting each share.
Moreover, by presenting the balance sheet in satoshis, not just whole BTCs, LQWD hopes to offer investors a clearer picture of its balance sheet. This move also provides a detailed view of the company's reserve holdings, offering transparency and clarity to investors.
The recent private placement represents another step in LQWD's long-term plan. By expanding its reserves and bolstering the Lightning Network infrastructure, LQWD is positioning itself as a key player in the Bitcoin ecosystem. This innovative approach to reporting reserves could set a new standard for other companies in the industry.
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