PANews July 15 news, according to Newsfile Corp, Canadian Bitcoin Lightning Network company LQWD Technologies Corp. (TSXV: LQWD; OTCQX: LQWDF) announced that its previously disclosed non-brokered private placement has been completed. Under this placement, the company sold 560,975 common shares, raising a total of approximately CAD 2.3 million (or about USD 1.68 million). The company intends to use the net proceeds from this non-brokered private placement to purchase Bitcoin, as operational assets for the company’s scalable Lightning Network services business, and for general corporate purposes.
