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Canadian-listed Bitcoin Lightning Internet Technology Company LQWD plans to raise US$9 million to increase its holdings in Bitcoin "

According to online reports, LQWD Technologies, a Canadian-listed Bitcoin Lightning Network Technology company, announced that it plans to raise up to 12.3 million Canadian dollars (approximately US$9 million) through the issuance of common shares in response to the growing demand from strategic investors and existing shareholders. The company intends to use the net proceeds from this issuance will be used to acquire Bitcoin, which will be used as operating assets for the company's expandable Lightning Network Services business, and for general corporate purposes. The stock issuance is expected to be completed on July 10-11.

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