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LQWD Updates Lightning Growth After Square Enables 1M BTC Merchants

LQWD Technologies provided an update on Bitcoin Lightning Network expansion, holding ~262 BTC treasury, operating nodes in 18 countries, and targeting agentic machine-to-machine payments with AI tools. This follows Block's Square automatically enabling 1 million U.S. merchants for BTC payments via Lightning since March 30, with activations peaking at one every eight seconds. Square offers zero processing fees through 2026, 5% Bitcoin Back rewards, up to 50% daily sales conversion to BTC, supported by Block's 28,355 BTC (~$2.2B) Q1 reserves, signaling accelerating BTC payments adoption.

Category

Bitcoin

Sentiment

Bullish

Event

Milestone

Reading time

1 min