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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

Comment by Fishercat1on Feb 07, 2024 12:14pm
42 Views
Post# 35867703

RE:Question for the Panel

RE:Question for the PanelI would read up on the information posted Rangerbuck. Plenty here . Here are highlights to review. Key highlights
  • Gross profit of $1.1 million for the 3-months ended September 30, 2023 ($1.2 million - 2022) and $3.4 million for the 9-months ended September 30, 2023 ($3.2 million - 2022).
  • Adjusted EBITDA of negative $0.1 million for the 3-months ended September 30, 2023 (negative $0.4 million - 2022) and negative $0.7 million for the 9-months ended September 30, 2023 (negative $3.6 million - 2022).
    • Improvements to Adjusted EBITDA are a result of significant cost containment in areas across the business, including a significant reduction in the number of full time employees, achieved through efficiencies and automation in many operational processes.
  • Over 8,800 unique users in the Online Bitcoin Portal in Q3 2023 (3,800 - Q1 2023, 6,000 - Q2 2023) an improvement of 132% and 47% over Q1 2023 and Q2 2023, respectively.
    • Associated online revenues exceeded $3.4 million for the 3-months ended September 30, 2023 ($2.0 million - Q2 2023, $0.9 million - Q1 2023), maintaining continued growth in the Online Bitcoin Portal since launched in Q4 2022.(Unquote) Also you can glean more information here and will post. Last but not least Adam has reached out to many of us investors via email and would be happy to answer your questions. Last. BTCW is a sucure way to aquire bitcoin to buy , hold , or sell . Top of the line platform and with the SEC decision would expect huge growth as BTCW integrates into the massive US Market. Here is everything you need to make a choice. Gl . Join our investor community and follow us on NostrLinkedInTwitter and YouTube to keep up to date with our business.

      Bitcoin Well contact information

      To book a virtual meeting with our Founder & CEO Adam O’Brien please use the following link: https://bitcoinwell.com/meet-adam

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