Mr. Adam O'Brien reports

BITCOIN WELL ADDS TO BITCOIN TREASURY

Bitcoin Well Inc. has used $2.1-million from the recently closed financing to acquire approximately 13.12 bitcoin at an average price of $113,981 (U.S.)/$160,059 to add to its bitcoin reserve. The company now holds a total of approximately 67.80 BTC in its bitcoin reserve, purchased at an average purchase price of $112,554 (U.S.)/$157,936.

"We bought the dip and continue to climb the bitcoin treasury leaderboard according to bitcointreasuries.net," said Adam O'Brien, founder and chief executive officer of the company. "Last week we were in the top 120 companies holding bitcoin, today we are in the top 115 in the world, and remain in the top 15 in Canada, thanks to this recent purchase."

Productive bitcoin treasury company

Mr. O'Brien has also shared an immaterial update to the vision for the Bitcoin Well Bitcoin Treasury. The full article can be found on the company's blog post titled "Project Pilot: Redefining the Bitcoin Treasury Company."

In the post, Mr. O'Brien says:

"I believe the [market] premium belongs to companies that generate value through an operating business and use that production to accumulate bitcoin." Bitcoin Well is aiming to become a leader in the productive bitcoin treasury market, combining bitcoin financial services with bitcoin holdings in a publicly traded vehicle.

About Bitcoin Well Inc.

Bitcoin Well is on a mission to enable independence. The company does this by making bitcoin useful to everyday people to give them the convenience of modern banking and the benefits of bitcoin. The company likes to think of it as future-proofing money. Bitcoin Well's existing bitcoin ATM and on-line bitcoin portal business units drive cash flow to help finance this mission.

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