LQWD Technologies Corp Announces $10 Million Private Placement
LQWD Technologies Corp, a digital asset technology company based in Vancouver, Canada, has successfully arranged a $10 million private placement. The company, which specializes in mining cryptocurrencies with a focus on the Bitcoin ecosystem, announced this development on June 28, 2025. The private placement was reported by both StockWatch and CEO.ca, highlighting the company’s efforts to bolster its financial position.
Strategic Appointments to Bitcoin Advisory Board
In a strategic move to enhance its Bitcoin operations, LQWD Technologies Corp appointed three renowned Bitcoin experts to its newly established advisory board on June 26, 2025. The board includes Sam Callahan, Jesse Myers, and Coyn Mateer, who are expected to assist in aggressively expanding the company’s Bitcoin holdings. This initiative was covered by multiple sources, including StockWatch and Aktien Global, emphasizing the company’s commitment to strengthening its position in the digital asset market.
Trading Resumption and Halt
Earlier in the week, LQWD Technologies Corp experienced a temporary trading halt on the TSX Venture Exchange. The halt, initiated by the Canadian Investment Regulatory Organization (CIRO) at 9:51 a.m. ET on June 26, 2025, was due to a single stock circuit breaker. Trading resumed shortly after at 9:56 a.m. ET, as reported by Finanzen.net and StockWatch. This event underscores the regulatory oversight in place for publicly listed companies on the exchange.
Market Overview
As of June 26, 2025, LQWD Technologies Corp’s stock closed at CAD 5.81. The company’s market capitalization stands at CAD 68,780,000, with a 52-week high of CAD 11 and a low of CAD 0.53. Despite a negative price-to-earnings ratio of -19.62, the company continues to focus on its core operations within the Information Technology sector, specifically in the Metals & Mining industry related to digital assets.
Future Outlook
With the recent private placement and strategic advisory appointments, LQWD Technologies Corp is poised to enhance its Bitcoin accumulation strategy and explore opportunities within the Lightning Network. These developments indicate a forward-looking approach as the company seeks to capitalize on its expertise in the digital asset space.