QualityStocksNewsBreaks – LQwD Fintech Corp. (TSX.V: LQWD) (OTC: LQWDF) Announces Acquisition of Additional C$4.5M Worth of Bitcoin
LQwD Fintech (TSX.V: LQWD) (OTC: LQWDF) today announced that it has purchased an additional C$4.5 million worth of Bitcoin since closing its previously announced financing. According to the update, the company has spent a total of C$7.8 million to date to purchase approximately 133 Bitcoins, which it now holds, at an average cost of approximately C$59,000 (US$47,500) per Bitcoin. “Closing the $8 million financing has allowed us to acquire further Bitcoin, which is an important step for the company to progress its short-term business goals to launch our platform as a service commercially, then focus on on-boarding clients and providing them…