Bitcoin Well Inc.
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in mil. unless spec.Company Description
- CEO
- Adam O'Brien
- Full Time Employees
- 16
- Sector
- Financial Services
- Industry
- Financial - Capital Markets
- Address
- 10142 82 Avenue NW Edmonton AB Canada T6E 1Z4
- IPO Date
- Aug 4, 2022
- Website
- bitcoinwell.com
- Similar Companies
- Business
- Bitcoin Well Inc. (TSXV: BTCW; OTCQB: BCNWF) is a Canada-based non-custodial bitcoin company that enables financial independence by providing self-custody solutions for buying, selling, and using bitcoin with the convenience of modern banking. Founded in 2013 by Adam O’Brien and headquartered in Edmonton, Alberta, the company operates through three primary business units: a network of approximately 200 Bitcoin ATMs across Canada for cash-to-bitcoin transactions; the Online Bitcoin Portal, a web-based platform available in Canada and the United States offering instant smash buys via e-transfer, bitcoin sales from self-custody wallets, bill payments, gift cards, cash vouchers, Lightning Network support, swaps between on-chain and Lightning bitcoin, daily recurring buys, and affiliate/agent programs; and Bitcoin Well Infinite, a formalized over-the-counter (OTC) desk providing white-glove services for high-net-worth individuals, family offices, businesses, and trusts with transactions of $50,000 or more. The company serves retail users, businesses, and institutional clients in the blockchain and cryptocurrency sector, with a focus on North American markets, and maintains FINTRAC registration as a money services business while employing around 12 people. Recent developments include multiple expansions to its Bitcoin Treasury strategy, with acquisitions bringing holdings to 69 BTC as of November 2025, funded partly by private placements, debt settlements, and convertible debenture offerings; launches of daily recurring buys in Canada, Lightning Network payments for U.S. customers, and the ability to sell bitcoin directly from self-custody in the USA; partnerships such as a sponsorship with BTC Sessions in 2024, a Lightning node collaboration with LQWD Technologies, and a renewal with Simply Bitcoin; strong financial growth in 2025 Q3, with Bitcoin Well Infinite revenue up 59% year-over-year to $9.4 million; and product enhancements like Nostr integration and Bitaxe availability in its points store.
Company News
Bitcoin Well Announces Agreement With Anchorwatch And Completion Of Previously Announced Debt Settlement
Bitcoin Well Provides August 2026 Business Update And Announces Debt Settlement
Bitcoin Well Reports 2026 Q2 Financial Results
Bitcoin Well Reports July 2026 Business Update And Launches New Investor Relations Site And Education Tools
Bitcoin Well Reduces Third-Party Costs Across Support and ATM Operations
Bitcoin Well Provides June 2026 Business Update
Bitcoin Well Announces Shares-For-Debt Settlements
Bitcoin Well Infinite Named Official Bitcoin Partner Of The Bitcoin Family Office Group
Bitcoin Well Enters Partnership With Heritage IRA To Offer Tax Advantaged Bitcoin Transactions In The USA
Bitcoin Well Reports 2026 First Quarter Financial Results
Bitcoin Well Reports Strong U.S. Market Traction
Bitcoin Well Reports 2025 Q4 And Year End Financial Results, Including Record Yearly Revenue
Bitcoin Well Announces Shares For Debt Settlement, Closing Of Private Placement, Stock Option Grant And Early Warning Disclosure
Bitcoin Well Reports 2025 Q3 Financial Results
Bitcoin Well Announces Extension Of Private Placement Offering And Anticipated Second Tranche
Bitcoin Well Adds To Bitcoin Treasury
Bitcoin Well Adds to Bitcoin Treasury
Bitcoin Well Adds to Bitcoin Treasury
Bitcoin Well Announces Debt Settlement and Quarterly ATM Program Update
Bitcoin Well Adds to Bitcoin Treasury