Thanks for the support @chickenjoe2112 !

The thing people miss on $LQWD: The capital structure is actually one of the most important parts of the setup. ~32 million shares outstanding No debt No convertibles Relatively tight float Low daily volume ~267 BTC sitting on the balance sheet That combination means you don’t need massive institutional size to move this. A modest amount of real buying in a name this thin can reprice it quickly. Clean structure + Bitcoin treasury + Lightning operating business is a different setup than most of the crowded BTC treasury names. @LQWDTech

An investor asked: @shoneanstey has talked about $LQWD.V approaching an inflection point. What has to happen for you to say we've crossed it? Three signals. 1. Network volume. Lightning volume has to keep bending upward, driven by real payment flow, not one-off spikes. Our revenue rides the network, so this comes first. 2. Capital efficiency. More BTC deployed matters, but the real unlock is how hard each sat works. We're rebuilding our routing with AI to squeeze more payment flow out of every Bitcoin we deploy and increase fees without reaching diminishing returns. More revenue per BTC, not just more BTC. 3. Revenue diversity. Today we earn routing fees on Bitcoin payments. Next: stablecoin payments over Lightning, and machine-to-machine payments through L402 and x402. When agents pay agents at scale, it runs through the rails we operate. This should bring us to cash-flow positive scenarios. Personally, I am working on metrics like 'EPS/LN_Routing_%' and others to determine growth forecasts BUT - and BIG disclaimer - this is still far out as gathering these data points are still in progress and needs months more of datapoints - maybe more - but do want to let you know I am working on these as revenue climbs. @LQWDTech

This was one of the most important weeks for the Lightning Network since I joined $LQWD, and I want to take a minute to connect the dots, because the headlines only tell part of the story. The #Bitcoin price Bitcoin took a Fed rate hike, a failed Senate vote on the Clarity Act and a rate hike from the Bank of Japan, all in the space of a few days. It bottomed around $75,600 on September 15 and printed above $87,000 on Monday, its highest level since January. It is holding around $84,000 as I write this. The move was driven by ETF flows and short covering. Spot ETFs lost about $750 million on September 15 and 16, then took in more than $2 billion over the following three trading sessions. Leveraged shorts were forced out on the way up. Bitcoin also closed above its 50-week moving average for the first time in 45 weeks, which a lot of cycle watchers treat as the line between bear market and recovery. My read, as I said earlier this week: the worst is likely behind us, the path will not be straight, and I would rather own the rails than trade the chop. Lightning became part of x402 On Wednesday, @jack Dorsey's Block joined the x402 Foundation and contributed Bitcoin Lightning payments to the standard. x402 is the payment protocol Coinbase built for AI agents. It is now governed under the Linux Foundation, with Google, Microsoft, AWS, Visa and Mastercard among its members. Over the last 30 days it processed more than 75 million transactions. Until this week, almost all of that ran on stablecoins. Now there is a Bitcoin-native rail inside the same standard. When I polled you on whether @LQWDTech should integrate x402, 78% said yes. My view is that it isn't a choice between x402 and Lightning anymore. As of this week, x402 can run on Lightning. I also want to be honest about where we are. Earlier in the week I shared TRM Labs' finding that a lot of today's "agentic" volume is humans and scripts, not agents. @blockspace hasn't announced a timeline for bringing this into Cash App or Square. This is the protocol layer being laid down, not revenue arriving tomorrow. But the rails that win are usually the ones laid down first. $Tether is bringing $USDT home The same day, @paoloardoino posted four words: "USDT on Bitcoin. It's coming home." Tether has spent the last year funding the infrastructure to move USDT over Bitcoin and Lightning. I remember him on stage at Plan B in Lugano with Elizabeth Stark announcing that direction. It is getting closer to the finish line. Put the two stories together. BlackRock's new paper on the machine-native economy says AI models prefer stablecoins for spending and Bitcoin for holding. Lightning is becoming the one network where both move on the same rails, and every payment that crosses those rails needs liquidity to route through. That is what we provide. $LQWD this week Our stock moved from C$0.77 last Wednesday to C$0.96 on the TSXV, up roughly 25%. On Monday, 106,600 shares traded on the TSXV against a typical day of a few thousand, plus another 56,000 on the OTC. We had no company news this week. My read is two catalysts: Monday was the day Bitcoin broke out, and Thursday, when we closed up 18%, was the day Block and Tether both put Lightning at the center of the machine-payments conversation. The market is starting to price the rails, not just the Bitcoin. Even after the move, our market cap is roughly in line with the ~267 BTC we hold, unencumbered and debt-free. The market is still assigning very little value to 18 routing nodes, 3 million+ payments and 3,188 BTC routed, or to LQWD AI (@LQWDClaw). A shareholder question worth repeating Someone asked why we don't run nodes in Kenya, Argentina or El Salvador. The short answer: Lightning is one global network. A user in Nairobi already routes through our nodes via the wallets they use. We place infrastructure for reliability and legal stability, and we reach those markets by being the liquidity behind the companies that serve them. Five years of building, not a pivot. The world is starting to catch up to what we built this for. Thank you to our shareholders, the team, and everyone who showed up in the Spaces and the replies this week. We should have another Spaces next week or early the following week. TSXV: $LQWD | OTCQX: $LQWDF | FRA: 47F Not financial advice.

Canada’s Big Six banks just gave another signal about where payments are heading. 24/7. Digital. Programmable. Instant. @BMO , @cibc , @nationalbank , @RBC , @scotiabank and TD are exploring tokenized deposits and eventual connectivity with broader digital asset ecosystems. The payment rails are changing. coindesk.com/business/2026/0…

Should @LQWDTech integrate x402 now that @spiral_xyz posted on Lightning? 402index.io : L402 0.4% vs x402 98%

Agreed

BREAKING: Bitcoin surges above $85,000 for the first time in 9 months as the crypto rally gains momentum. Over $400 million worth of levered shorts have been liquidated in 4 hours.

60+ years of combined capital markets experience teaches you a few things. Like keeping the share structure tight, the balance sheet strong and insiders aligned with shareholders. LQWD today: • ~31.86M shares outstanding • ~267 BTC • No debt or convertibles • Strong insider ownership • Positioned at the convergence of Bitcoin, AI and digital payments TSXV: LQWD | OTCQX: LQWDF

TRM Labs looked under the hood of x402 this week: most of the 'agentic payment' volume isn't agents. It's humans and scripts wearing the costume. That's not a knock on machine payments. It's a reminder that the real market hasn't been won yet. When agents transact at scale they won't pick rails on narrative. They'll pick on merit: final settlement, sub-cent fees, no chargebacks, no permission slip from a card network. That contest is still wide open. I know where I'd place that bet. $LQWD.NE $lightningnetwork newsbreak.com/pymnts-512672/…

We will all die though..

I think Lightning gets underestimated because people mostly talk about it as fast Bitcoin payments. That is too narrow. The more interesting thing is low-cost settlement with Bitcoin underneath it.

I remember watching this 3 years ago and still think it’s the best @theallinpod summit presentation of all time. @bgurley is a pure legend - and he’s hilarious on how he explains Regulation Capture - a must watch and the timing of rewatching this is incredibly perfect with all the AI leaders screaming and demanding for non-sense regulation. Stiegler would be proud of them haha

RT @LQWDTech: LQWD continues to stand alongside some of the biggest names building on Bitcoin’s Lightning Network. ⚡ ~1,363 channels ₿ ~83…