Bitcoin Well Reports 2025 Yearly Review
(TheNewswire)
Edmonton, Alberta – January 2, 2025– Bitcoin Well Inc. (“Bitcoin Well” orthe “Company”) (TSXV: BTCW;OTCQB: BCNWF), the non-custodial bitcoinbusiness on a mission to enable independence, today reports certainpreliminary, unaudited year-end results for 2025, highlightingbusiness growth and strategic milestones achieved throughout theyear.
RPAA registration – The Company completed registration as a PSP (PaymentService Provider) under the Bank of Canada’s RPAA (Retail PaymentActivities Act). This enables Bitcoin Well to continue performingthird party customer payments which empower services like Bill Payments. The Company alsoreleased Cash Balances on the Bitcoin Portal, a feature allowingcustomers to hold Canadian dollar balances in their Bitcoin Wellaccount and seamlessly move between fiat and bitcoin.
Bitcoin Well Tools – The Company is successfully utilizing AI to launch asuite of useful bitcoin tools with search engine optimization to helpcustomers discover Bitcoin Well's services. This includes thepopular Bitcoin RetirementCalculator which allows anybody to selectinputs which guide them towards buying bitcoin with retirement inmind.
Worldwide access for Bitcoin WellInfinite – Our partnership arrangements haveallowed the Company to expand the Bitcoin Well Infinite servicesglobally. We have started to gain clientele in many countries aroundthe world including the USA, Europe and UAE.
U.S. InfrastructureMigration – Completed comprehensiveinfrastructure buildout, setting the stage for accelerated growth inthe United States in 2026. The improvements coming in the 2026 yearwill be focused around improving customer limits and functionality. Aswe have over 30% of our customer registrations in the USA we believethis will be accretive for the Company.
Treasury & Corporate Vision- Bitcoin Well launched a Strategic BitcoinReserve totalling 69 BTC at the end of the year. In addition topreserving this position, the Company is actively pursuing severalgrowth initiatives, including raising additional capital, uplisting toa larger exchange, and exploring cross-listing opportunities that willsupport its continued expansion and development.
Bitcoin Well achieved significant business growthmilestones in 2025, specifically with the Bitcoin Portal. The Companynow has over 64,000 unique customer registrations, representing morethan 100% growth compared to year-end 2024. We are also excited toshare that Bitcoin Well now serves over 12,500 yearly activecustomers, which is qualified as a unique customer registration thatmakes at least one revenue producing transaction per year. The Companyanticipates over $100 million in revenue for fiscal year 2025, whichwill be a record year for Bitcoin Well.
“2025 was a tremendous year for Bitcoin Well” saidAdam O’Brien, founder and CEO of the Company. “Our growth andachievements this year reflect the fact that Bitcoin Well is a leaderin the bitcoin space. I am excited to accelerate marketing effortsinto our tried and tested Bitcoin Portal which is now ready to scalewith partnerships in multiple countries. I am incredibly proud of theefforts our small and mighty team has made over the last 12 months,and expect we will continue forging forward and producing resultswhich will continue to improve shareholder value.”
About Bitcoin Well
Bitcoin Well is on a mission to enable independence. Wedo this by making bitcoin useful to everyday people to give them theconvenience of modern banking and the benefits of bitcoin. We like tothink of it as future-proofing money. Our existing Bitcoin ATM andOnline Bitcoin Portal business units drive cash flow to help fund thismission.
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Bitcoin Well contact information
For additional investor & media information, pleasecontact:
Adam O’Brien
Tel: 1 888 711 3866
Neither TSXVenture Exchange nor its Regulation Services Provider (as that term isdefined in policies of the TSX Venture Exchange) acceptsresponsibility for the adequacy or accuracy of thisrelease.
Forward-lookinginformation
Certain statements contained in thisnews release may constitute forward-looking information, which isoften, but not always, identified by the use of words such as"anticipate", "plan", "estimate","expect", "may", "will","intend", "should", or the negative thereof andsimilar expressions. All statements herein other than statements ofhistorical fact constitute forward-looking information including, butnot limited to, statements in respect of Bitcoin Well’s businessplans, strategy and outlook. Forward-looking information involvesknown and unknown risks, uncertainties and other factors that maycause actual results or events to differ materially from thoseanticipated in such forward-looking information including, but notlimited to, the risk factors described in Bitcoin Well’s annualinformation form and management’s discussion and analysis for theyear ended December 31, 2024. Forward-looking information should notbe unduly relied upon. Any forward-looking information contained inthis news release represents Bitcoin Well’s expectations as of thedate hereof and is subject to change. Bitcoin Well disclaims anyintention or obligation to revise any forward-looking information,except as required by applicable securities legislation.
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