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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 Patrick2Lintonon Feb 13, 2024 5:37pm
70 Views
Post# 35878590

RE: Yawn

RE: YawnHopefully the next Q will be an improvement from the last reported Q.

Overall revenue in Q3 2023 was $13.4-million, compared with $14.4-million in Q3 2022 (negative 7 per cent). The decrease of $1.0-million was driven by a decline in Bitcoin Well Infinite (OTC) volumes of $4.9-million, as the company transitioned these services into the Online Bitcoin Portal in Q3 2023.
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