LQwD, a Canadian fintech firm focused on the Bitcoin Lightning Network, has revealed its intention to raise $9 million. The company plans to utilize these funds to bolster its Bitcoin (BTC) holdings. This move signals LQwD's continued commitment to leveraging Bitcoin's potential within its financial technology solutions. LQwD previously disclosed a holding of 160 BTC. This new acquisition will significantly increase their digital asset reserves. The additional Bitcoin is likely intended to support the company's growth within the Lightning Network ecosystem, potentially expanding their capacity for payment channels and network participation. The company believes strategic investments in Bitcoin will contribute to long-term growth and solidify its position in the evolving digital landscape. More details regarding the fundraising mechanism are expected to be released soon. This acquisition could potentially have a small positive effect on BTC. ```

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