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Bitcoin Well Inc V.BTCW

Alternate Symbol(s):  BCNWF

Bitcoin Well Inc. is a Canada-based company engaged in the non-custodial bitcoin business. It makes bitcoin useful to everyday people to give them the convenience of modern banking. The company operates two business units, consisting of Bitcoin ATMs and the Non-custodial bitcoin platform (Online Bitcoin Portal). The Bitcoin ATM business unit operates a fleet of approximately 190 Bitcoin ATMs placed and operating throughout Canada. The Online Bitcoin Portal platform offers customers the fastest and safest way to buy, sell and use bitcoin online in Canada and the United States of America. This business unit is designed to offer bank-like functionality coupled with the benefits of bitcoin. Its products include ATM, OTC, Buy bitcoin, ell, bitcoin, Use bitcoin, E-transfer, Cash Vouchers, Bitcoin Well Agent, and Bitcoin Well affiliate. Its smash buy provides services to buy real bitcoin instantly and send dollars from your bank and receive bitcoin on the blockchain as soon as it arrives.


TSXV:BTCW - Post by User

Post by Oldschool2022on Jan 13, 2024 11:06pm
129 Views
Post# 35825613

BlackRock absorbed 11,500 Bitcoin since ETF launch.

BlackRock absorbed 11,500 Bitcoin since ETF launch.

BlackRock has reportedly bought a staggering 11,500Bitcoin from the available supply during the latest dip since the launch of its spot Bitcoin ETF.

This amount is significant, considering that only 900 BTC are issued daily. The purchase by BlackRock effectively represents about 13 days’ worth of Bitcoin production being absorbed by a single player.

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