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LQwD FinTech Corp ( (TSE:LQWD) ) has issued an update.
LQWD Technologies Corp. has established a Bitcoin Advisory Board to enhance its Bitcoin accumulation and Lightning Network strategy. The board, consisting of experts like Sam Callahan, Jesse Myers, and Coyn Mateer, will provide strategic guidance to grow LQWD’s Bitcoin holdings and expand its fee-based Lightning infrastructure, supporting real-world Bitcoin adoption.
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 company focused on Bitcoin treasury strategy, specifically designed for the Bitcoin Lightning era. The company is at the forefront of enabling fee-based transactions at scale on the Lightning Network.
Average Trading Volume: 132,044
Technical Sentiment Signal: Buy
Current Market Cap: C$123.4M
Learn more about LQWD stock on TipRanks’ Stock Analysis page.