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LQWD

LQWD.V

Market valuation vs the Bitcoin it holds

1.05×
live
Premium
a 5% premium to Bitcoin NAV

LQWD trades at 1.05× its Bitcoin NAV — you pay $1.05 for every $1 of Bitcoin it holds, a 20.5M USD pile.

Live · last updated

BTC held
267 BTC
Bitcoin treasury
Bitcoin NAV
20.5M USD
at today's BTC price
Market cap
21.4M USD
Fully diluted
Share price
0.7 CAD
CAD
Last BTC buy
5 BTC
May 12, 2026

mNAV over time

Last 12 months · diluted

Today's 1.05× sits in a 52-week range of 0.69× to 1.48×.

mNAV · 52-week range
0.69×–1.48×
0.69×now 1.05×1.48×

About LQWD

LQWD (LQWD.V) owns 267 BTC. At today's price that Bitcoin is worth 20.5M USD. The market caps the whole company at 21.4M USD — 1.05× its Bitcoin. Put plainly: you pay $1.05 for every $1 of Bitcoin it holds, a 5% premium for everything that isn't the Bitcoin. It bought in at an average of 81.0K USD per coin.

Company facts

Country
Canadasource
Headquarters
Vancouver, British Columbiasource
Incorporated
Canada (British Columbia company under the BCBCA; incorporated in Yukon 1999, continued into BC 2004)source
Business
Bitcoin Lightning Network infrastructure (bitcoin treasury)source
Fiscal year end
February 28source
Auditor
Kingston Ross Pasnak LLP (Edmonton, Alberta)source
Investor relations
IR site ↗source

Each fact links to the filing or official page it was taken from.

LQWD (LQWD.V) mNAV — frequently asked

What is LQWD (LQWD.V)'s mNAV?
LQWD's mNAV is currently 1.05×. mNAV divides LQWD.V's market capitalisation by the value of the Bitcoin it holds, so 1.05× means the market values the company at 1.05× the worth of its Bitcoin treasury (20.5M USD).
Is LQWD (LQWD.V) overvalued versus its Bitcoin?
At 1.05×, LQWD (LQWD.V) trades at a 5% premium to the Bitcoin it holds. Whether that is rich or cheap is best read against its own history: over the past year its mNAV has ranged 0.69×–1.48×.
How much Bitcoin does LQWD (LQWD.V) hold?
LQWD holds 267 BTC, worth 20.5M USD at current prices. Its most recent purchase was 5 BTC on May 12, 2026.

Related datapoints