Mr. Adam O'Brien reports

BITCOIN WELL PROVIDES JUNE 2026 BUSINESS UPDATE

Bitcoin Well Inc. posted strong month-over-month growth in June, 2026, with improvements to gross profit, new customer registrations, and monthly active customers across its Canadian and U.S. markets.

Key highlights

• Gross profit improved 32 per cent month-over-month;

• Achieved an estimated $364,000 gross profit in June compared with $274,000 in May;

• Month-over-month improvement was achieved despite the approximate 20-per-cent decline in bitcoin's price over the same period;

• New customer registrations improved 22 per cent month-over-month;

Over 2,100 new customer registrations on the Bitcoin portal compared with over 1,700 in May;

• Over 77,000 total customer sign-ups on the Bitcoin portal as of June 30, 2026, signalling an estimated 58 per cent year-over-year growth compared with the total new customer registrations as of June, 2025;

• Over 2,000 active customers in June;

• 12-per-cent improvement over May;

• Roughly 50 per cent of new customer registrations turned active in their first month.

June growth

The month of June saw broad-based monthly growth across Bitcoin Well's core business lines, with increases in new customer registrations, active customers and gross profit. The Bitcoin portal added over 2,100 new customer sign-ups in June, bringing total registrations to over 77,000. Active customers also grew, with over 2,000 customers transacting on the Bitcoin portal in June, half of which were new customer registrations converted into active customers. This metric helps the company track its marketing effectiveness.

Gross profit also performed well, reaching over $364,000 in June, a 32-per-cent increase from May, despite an estimated 20-per-cent decline in bitcoin's price over the same period.

"June was a strong month for Bitcoin Well, despite the price of bitcoin," said Adam O'Brien, founder and chief executive officer of Bitcoin Well. "It's a true testament to scalability that we have worked hard to build into the platform. I have always said that bear markets are for building and I believe these unaudited and estimated results showcase the fact that we are well positioned to take advantage when the market rebounds."

About Bitcoin Well Inc.

Bitcoin Well is on a mission to enable independence. It does this by making bitcoin useful to everyday people to give them the convenience of modern banking and the benefits of bitcoin.

We seek Safe Harbor.