Cumulative holdings, every disclosed buy, share price, and the best-fit saturation curve.
LQWD holds 267 BTC across 15 disclosed purchases. Average cost basis $111,747 per BTC. Last 30 days: 5 BTC. Last 90 days: 14.5 BTC — 1.13/week. Best fit: Richards (R² 0.85). Curve flattens toward 24,030 BTC, steepest accumulation Apr 2036.
All BTC transactions, most recent first.
| Date | BTC | Spot | USD Cost | Cumulative |
|---|---|---|---|---|
| May 12, 2026 | 5 | $82.0K | $410.0K | 267 |
| Mar 15, 2026 | 9.5 | $77.4K | $735.1K | 262 |
| Sep 29, 2025 | 14 | $111.3K | $1.6M | 252.5 |
| Jul 15, 2025 | 57.5 | $161.8K | $9.3M | 238.5 |
| Jul 7, 2025 | 10 | $930.5K | $9.3M | 181 |
| Jun 24, 2025 | 5 | $297.3K | $1.5M | 171 |
| Jun 17, 2025 | 5 | $141.4K | $706.9K | 166 |
| Jan 28, 2025 | 4 | $181.4K | $725.5K | 161 |
| Jan 21, 2025 | 4 | $147.5K | $590.0K | 157 |
| Jan 15, 2025 | 5 | $119.0K | $595.2K | 153 |
| Jan 13, 2025 | 7 | $100.9K | $706.0K | 148 |
| Nov 13, 2024 | 6 | $160.5K | $963.3K | 141 |
| Oct 29, 2024 | 5 | $149.5K | $747.5K | 135 |
| Oct 25, 2024 | 16 | $31.1K | $498.1K | 130 |
| Oct 31, 2023 | 114 | $13.2K | $1.5M | 114 |
Cumulative BTC held — the staircase. Each step is a disclosed purchase; the step height is the size of the buy.
Purchase bubbles — one per buy. Bubble size is the BTC count; vertical position is the per-BTC cost basis. Small-and-high is a small buy at a high price; big-and-low is a big buy made cheap.
Share price — the secondary line on the right axis. Did the company stack faster when its equity ran hot?
Regression fit — the best of a Richards and a Gompertz saturation curve, chosen by log-R². It has to flatten: there are only 21 million Bitcoin.
Controls — Linear/Log switches the BTC axis. Play animates the curve forward through disclosure time. ‹ › steps through the cohort by holdings.