I did not notice this when I sent my previous email but LQWD is now trading at roughly the value of their Bitcoin HODL:
267 BTC x $64K USD @ 1.37 (USD/CAD) =~ $23.4M CAD vs $24.2M market cap.
That’s a mNAV of 1.03 for a company with zero debt and no encumberments on their Bitcoin, operating the world’s only publicly traded lightning network, and who is actively positioning to be at the forefront of the agentic AI economy with Lightning powered, L402 micropayments.
The last time LQWD was trading just a hair above NAV is depicted in the chart below – which also looked terrible, in fact it had just undergone an infamous “death cross 
“
(You’ll never guess what happened next…)
Action: Add more LQWD < $0.80 CAD ($0.57 USD – LQWDF)
Anyway – I’m adding some more here, because at an mNAV of 1.03, I don’t feel like we can lose here.
(I’m late for a meeting – no proof-read on this one)
