Claim 70% Off TipRanks Premium
- Unlock hedge fund-level data and powerful investing tools for smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis and maximize your portfolio's potential
LQwD FinTech Corp ( (TSE:LQWD) ) has shared an update.
LQWD Technologies has reported record activity on its Bitcoin Lightning Network infrastructure, with its nodes having routed more than two million transactions since launch, moving over 2,012 Bitcoin valued at about US$178.5 million. Recent optimizations in liquidity allocation, channel connectivity, and routing policies have driven a sharp acceleration in volumes, including around 7,500 daily transactions in December, a 38% increase over the prior month, and a rise in Bitcoin processing speed to roughly 1 BTC per hour from an average of 0.16–0.33 BTC per hour. Management says these milestones validate the scalability and fee-generating potential of its Lightning Network platform, bolstering its position as a key infrastructure provider in the emerging Lightning payments ecosystem and underscoring the strategic role of its 252.5 unencumbered Bitcoin treasury in supporting operations and future growth.
Spark’s Take on TSE:LQWD Stock
According to Spark, TipRanks’ AI Analyst, TSE:LQWD is a Underperform.
LQwD FinTech Corp faces significant financial challenges, with declining revenues and negative cash flow impacting its overall score heavily. Technical indicators suggest a bearish trend, and valuation metrics indicate potential overvaluation. However, positive corporate developments in cryptocurrency capabilities offer a potential growth avenue, but overall risk remains high.
To see Spark’s full report on TSE:LQWD stock, click here.
More about LQwD FinTech Corp
LQWD Technologies Corp. is a Canadian Bitcoin-native fintech company focused on institutional-grade Lightning Network infrastructure, operating enterprise-level nodes and providing network liquidity to earn transaction fees. With offices in Vancouver and Lugano, the publicly traded firm strategically holds Bitcoin as both a reserve asset and operating leverage, offering investors exposure to the growth of Lightning-based payment technology and potential long-term Bitcoin appreciation, supported by a debt-free balance sheet and listings on the TSX Venture Exchange and OTCQX Market.
Average Trading Volume: 53,326
Technical Sentiment Signal: Sell
Current Market Cap: C$28.95M
Learn more about LQWD stock on TipRanks’ Stock Analysis page.