11:41:40 EDT Fri 12 Jul 2024
Enter Symbol
or Name

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Bitcoin Well Inc
Symbol BTCW
Shares Issued 174,382,887
Close 2022-03-22 C$ 0.185
Market Cap C$ 32,260,834
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Bitcoin Well to offer in-person bitcoin services

2022-03-23 10:47 ET - News Release

Mr. Adam O'Brien reports


Bitcoin Well Inc. has signed an agreement with CNA Financial Services to offer full-scale in-person bitcoin services and enable CNA to make bitcoin accessible to clients.

"We are utilizing our internal expertise, processes and technology to expand and scale our customer and revenue base without having to invest additional capital of our own," said Adam O'Brien, founder and chief executive officer of Bitcoin Well. "This is truly a win-win-win scenario for CNA, Bitcoin Well and our mutual clients who have an interest in buying bitcoin in the fastest and safest way possible. We are actively expanding beneficial business arrangements, like we have with CNA, as we grow our ecosystem of products and services to offer the convenience of modern banking with the benefits of bitcoin."

Bitcoin Well will use its proprietary software tools and processes, in compliance with the rules and regulations applicable in Canada, to handle bitcoin transactions and all of the administrative responsibilities associated with cryptocurrency transactions. CNA shall refer and introduce customers who may already use or be interested in CNA's broad range of financial, paralegal and general services.

About Bitcoin Well Inc.

Bitcoin Well offers convenient, secure and reliable ways to buy, sell and use bitcoin. Bitcoin Well is on a mission to shift the relationship that society has with money by offering an ecosystem of products and services that make bitcoin accessible and understood. This ecosystem includes self-custodial financial offerings (both in person and on-line); technology development, including SaaS (software as a service) and internal technology developments through Ghostlab, the technology arm of the business; and educational resources designed with the needs of both the customers and the industry in mind.

We seek Safe Harbor.

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