11 sats \ 0 replies \ @kr OP 18 Nov 2021 freebie \ parent \ on: LQwD, the world's first public Lightning Network company, launches their LN platform bitcoin
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.