• The New Money
  • Posts
  • Bitcoin Well ($BTCW) | The Bitcoin Super Company

Bitcoin Well ($BTCW) | The Bitcoin Super Company

The Publicly-Traded Company Enabling Bitcoin Independence in North America, Bitcoin ATMs, a Bitcoin Online Portal, and More.

Bitcoin Well (TSXV:BTCW) is a rapidly growing Bitcoin platform on a mission to enable independence by making Bitcoin easier to use.

The public company’s platform enables users in Canada and the United States to buy, sell and use bitcoin faster and safer through self-custody.

Bitcoin Well’s ecosystem of online and in-person businesses focus on coupling the benefits of Bitcoin with the convenience of modern banking to fulfill their vision of becoming The Bitcoin Super Company.

Capital Snapshot:

Bitcoin Well’s shares are traded on the TSX Venture Exchange (TSXV) under the symbol ‘BTCW’ and on the US OTC Exchange under the symbol ‘BCNWF’.

Bitcoin Well has a current market capitalization of approximately $40 million (CAD).

Company Highlights:

  • Bitcoin Well runs two businesses: a Bitcoin ATM network and an online Bitcoin Portal.

  • The Bitcoin ATM network was established in 2014, and currently has over 190 locations across Canada which charge a 10-20% transaction fee.

  • The Bitcoin Portal is active in both Canada and the United States, and has signed up over 13,000 active users. Bitcoin Well charges a 1% fee on all portal transactions.

  • The Portal was made available to all 50 US states in February 2024.

  • 148% unique user growth for the Bitcoin Portal since May 2023, with a record number of new signups in February 2024 (over 1,200).

Bitcoin Well has developed a circular ecosystem for individuals to be able to do more than just purchase Bitcoin, including the ability to use Bitcoin to pay bills within Canada and easily convert Bitcoin back to fiat currency through bank transfers within North America.

Overview: Self Custody

Self-custody is at the centre of Bitcoin Well’s strategy, and refers to the practice of users holding and managing their own Bitcoin directly, rather than relying on third parties like exchanges or wallet services.

Self-custody grants individuals full control and responsibility over their assets, enhancing security, privacy, and reducing risks associated with third-party failures, which have been the source of many notable downfalls of other popular Bitcoin exchanges.

For company specific questions, request an introduction to connect with Bitcoin Well CEO Adam O’Brien.

Disclaimer: The New Money provides background information on early stage companies from publicly available sources. The New Money provides no advice on dealing in securities, is not a financial adviser and does not pretend to be so. This message is meant for information and educational purposes only. The information contained in this email is not to be considered factual or complete. Anybody interested in obtaining financial and other information on companies mentioned is advised to get it direct from the companies, or from their own investment adviser. The New Money does not intend for this information to be used to inform an investment decision. The New Money has been compensated by Bitcoin Well Inc. for a six month awareness campaign, which affects our ability to be unbiased. The Principals of The New Money may buy or sell shares of the above company without further notice. This is why we stress that you conduct extensive due diligence as well as seek the advice of your financial advisor or a registered broker-dealer before investing in any securities. The New Money and its principals and agents are not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Always do your own research and consult with a licensed investment professional before making an investment. This communication should not be used as a basis for making any investment. Investing is inherently risky. While a potential for rewards exists, by investing, you are putting yourself at risk. You must be aware of the risks and be willing to accept them in order to invest in any type of security. Don't trade with money you can't afford to lose. This is neither a solicitation nor an offer to Buy or Sell securities. No representation is being made that any stock trade will or is likely to achieve profits. Comparisons made to other featured companies or past performance is not indicative of future results.