Bitcoin Well Provides an Update on its Outlook for 2022 and Announces Grant of Stock Options

Provided By Globe Newswire

Last update: Aug 15, 2022

EDMONTON, Alberta, Aug. 15, 2022 (GLOBE NEWSWIRE) -- Bitcoin Well Inc. (the “Company” or “Bitcoin Well”) (TSXV: BTCW), today announced that it has undertaken a thorough review of its financial forecast for 2022 and 2023. Management feels it is crucial to ensure the business is capable of being self-funded and has taken the necessary actions to reduce expenses accordingly.