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Bitcoin Well Inc BCNWF


Primary Symbol: V.BTCW

Bitcoin Well Inc. is a Canada-based company engaged in the non-custodial fintech business, which future-proofs money by making bitcoin useful to everyday people. The Company’s segments include Bitcoin ATM business (ATMs), and Non-custodial bitcoin platform (Online Bitcoin Portal). The ATMs segment comprises sales and expenses related to the Company's Bitcoin ATMs. The ATMs segment is operating a fleet of over 180 Bitcoin ATM machines placed and operating throughout Canada. The Online Bitcoin Portal segment includes sales and expenses related to the Company's Bitcoin platform. The Online Bitcoin Portal offers Canadians the safest way to buy, sell and use bitcoin online and is designed to offer bank-like functionality coupled with the benefits of Bitcoin. It offers three payment methods, such as Interac e-Transfer, Recurring buy (DCA), Bank transfer- United States, and Cash. The Company offers its services to real estate professionals, agriculture, sovereignty, beginners, and business.


TSXV:BTCW - Post by User

Post by GoldEye99on Mar 28, 2023 11:53am
236 Views
Post# 35364700

BITCOIN WELL LAUNCHES BITCOIN WELL INFINITE, EXPANDS TO U.S

BITCOIN WELL LAUNCHES BITCOIN WELL INFINITE, EXPANDS TO U.S$$$Big News$$$$

Bitcoin Well Inc. has launched Bitcoin Well Infinite and has entered into an agreement to offer its non-custodial bitcoin services in the United States.

Launch of Bitcoin Well Infinite

Bitcoin Well Infinite is designed as a one-stop shop for individuals, businesses and family trusts that are looking to work with a knowledgeable bitcoin partner to have convenient access to deep liquidity, convenient payment options and education on how to self-custody their bitcoin.

"Bitcoin Well Infinite is a service that is needed now, more than ever," said Adam O'Brien, founder and chief executive officer of the company. "While buying and selling bitcoin in large quantities is not a unique product offering, designing a service around self-custody and bitcoin education is something that has been missing. Individuals understand the value in self-custody of bitcoin, and we are ready to close the knowledge gap that is preventing them from doing so."

A full depth of service can be found on the Bitcoin Well website. The Bitcoin Well Infinite offering will be available in the U.S. as part of the company's U.S. expansion.

Bitcoin Well expands to U.S.

Bitcoin Well has entered into an agreement with a partner to offer its non-custodial bitcoin services to customers in the U.S. with a target launch date of Q2 2023. The agreement stipulates that Bitcoin Well will benefit from the partner's licensing, banking and liquidity relationships to be able to provide a seamless customer experience to buy, sell and eventually use bitcoin in the U.S.

"This is an exciting partnership that allows us to expand our company's reach," said Mr. O'Brien of the international expansion. "This expansion to the U.S. comes alongside the launch of Bitcoin Well Infinite. We are taking the 10 years experience of running and scaling a non-custodial bitcoin business in Canada, and bringing that expertise to the U.S."

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