Bitcoin Well Reports 2022 Financial Results and Announces Closing of Secured Debenture

EDMONTON, Alberta, Feb. 16, 2023 (GLOBE NEWSWIRE) -- Bitcoin Well Inc. (“Bitcoin Well” or the “Company”) (TSXV:BTCW; OTCQB:BCNWF), the non-custodial fintech business which future-proofs money by making bitcoin useful to everyday people, today announced financial and operating results for the fourth quarter and twelve months ended December 31, 2022. The Company also announced the closing of a secured convertible debenture (the “Convertible Debenture”) in the principal amount of $0.7 million on February 16, 2023. Bitcoin Well has a network of over 260 Bitcoin ATMs, an online product which allows Canadians to buy and sell bitcoin in Canada instantly and a Personal Service team which offers an education focused experience to individuals looking to make their bitcoin journey easy and convenient. All dollar amounts specified are in Canadian Dollars unless otherwise indicated.

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