0 sats \ 1 reply \ @k00b 18 Nov 2021 \ parent \ on: LQwD, the world's first public Lightning Network company, launches their LN platform bitcoin
That explains it then. I imagine there's upside to this but mostly seems to put the cart before the horse.
Yeah, one interesting benefit is that they now have the ability to tap into capital markets in a way that is far less expensive than if they were private.
Ex. they recently announced a $50M shelf offering, which allows them to issue up to $50M of securities (equity, debt, options, etc...). So far they've issued $8M of shares, and have used the proceeds to buy more Bitcoin.
Neat way to get access to cheap financing to buy more Bitcoin.
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