In a Bitcoin ATM scam, a person is usually conned into depositing money into a Bitcoin ATM. Sometimes, there's a fake call or message from a bank employee warning of fraud. Other times, it may be someone pretending to be a romantic interest who's in financial trouble and needs money. The victim is typically given instructions to go to a Bitcoin ATM to deposit cash into a specific digital wallet. That way, the scammer can take possession of the money.Meanwhile, the FBI’s Internet Crime Complaint Center repor ...

Core Viewpoint - The rebranding of Bullet Blockchain, Inc. to Bitcoin Bancorp, Inc. signifies a strategic shift towards becoming a Bitcoin-native financial services institution, focusing on Bitcoin ATM technologies and treasury management solutions for NASDAQ companies [1][2]. Company Overview - Bitcoin Bancorp is headquartered in Las Vegas, Nevada, and is publicly traded on the OTC Markets under the new symbol BCBC, effective October 16, 2025 [3][5]. - The company specializes in blockchain technologies, software development, and Web 3.0, and owns two U.S. patents related to Bitcoin ATM technologies [3]. Strategic Focus - The company aims to bridge traditional finance and digital asset infrastructure, emphasizing innovation, compliance, and institutional trust [2]. - Bitcoin Bancorp's ownership of Bitcoin ATMs and its patented technologies are central to its mission of making Bitcoin accessible and integrated into the global financial ecosystem [2]. Shareholder Information - No action is required from shareholders regarding the name and symbol change; all existing shares remain valid and tradable [5]. - The current CUSIP and ISIN will remain unchanged [5].

LAS VEGAS, Oct. 14, 2025 (GLOBE NEWSWIRE) -- Bitcoin Bancorp. (“Bitcoin Bancorp” or the “Company”), formerly Bullet Blockchain, Inc. and trading under the symbol (OTC: BULT), today announced that FINRA has confirmed and completed the Company’s corporate action to change its name to Bitcoin Bancorp, Inc. and its trading symbol to “BCBC.” The Company’s common stock will begin trading on the OTC market under the new symbol BCBC effective at the open of trading on October 15, 2025. No action is required by our ...

Core Viewpoint - Bitcoin Well Inc. announces the settlement of debt through the issuance of shares and provides a quarterly update on its at-the-market equity program, indicating ongoing financial activities and strategies to manage debt and raise capital [2][6]. Debt Settlement - The company has a total debt of C$212,599 as of September 30, 2025, related to certain use of bitcoin agreements and a convertible debenture agreement [2]. - Bitcoin Well plans to settle C$98,787 by issuing 681,290 common shares at a deemed price of C$0.145 per share and C$113,812 by issuing 981,137 shares at a deemed price of C$0.116 per share [2][3]. - The debt settlement is subject to approval from the TSX Venture Exchange and will have a statutory hold period of four months and one day from the issuance date [3]. Related Party Transaction - A director of the company participated in the debt settlement through a wholly owned subsidiary, which qualifies as a related party transaction under Multilateral Instrument 61-101 [4]. - The company intends to rely on exemptions from formal valuation and minority shareholder approval requirements of MI 61-101, as the transaction is not expected to exceed 25% of the company's market capitalization [5]. Quarterly ATM Program Update - Bitcoin Well's ATM program allows the issuance and sale of up to C$5,000,000 of shares at the company's discretion [6]. - In the quarter ended September 30, 2025, the company issued 262,000 shares at an average price of C$0.19 per share, generating gross proceeds of C$49,411, with net proceeds of C$47,445 after commissions [7]. - Year-to-date, the company has issued 1,962,000 shares at an average price of C$0.15 per share, resulting in gross proceeds of C$289,249 and net proceeds of C$278,213 [8].

Funding & Capital - Bitcoin Well launched a private placement of up to $100 million [1] - The first round closed, raising approximately C$12.49 million, including 37.31 BTC [1] - The company plans to raise the funding cap to $150 million based on market demand [1] Use of Proceeds - Proceeds will be used primarily to increase bitcoin holdings [1] - Proceeds will be used to support working capital [1] - Proceeds will be used for other corporate purposes [1]

Funding & Investment - Bitcoin Well 正在筹集 1 亿美元（$100 million）以购买更多比特币 [1] Company Strategy - Bitcoin Well 是一家加拿大的比特币 ATM 公司 [1]

Core Insights - Bitcoin Well Inc. has acquired 31.36 bitcoin at an average price of $113,314 USD / $157,428 CAD, increasing its total bitcoin reserve to 42.36 BTC with an average purchase price of $110,087 USD / $152,504 CAD [1] - The company plans to allocate the majority of the proceeds from its recent private placement to purchase additional bitcoin in the coming weeks [2] - Bitcoin Well aims to make bitcoin accessible to everyday people, providing modern banking convenience alongside the benefits of bitcoin [3] Company Overview - Bitcoin Well operates Bitcoin ATMs and an Online Bitcoin Portal, which generate cash flow to support its mission of enabling financial independence through bitcoin [3] - The company encourages investors to join its community and stay updated through various social media platforms [3]

Core Viewpoint - Bitcoin Well Inc. is launching a private placement offering of up to US$100 million to enhance its position in the bitcoin industry and provide investors access to a significant Bitcoin Treasury [1][2] Group 1: Offering Details - The private placement will consist of units priced at C$0.102 each, with the first tranche already closed, raising approximately C$12.5 million [1][3] - The offering may be upsized by an additional US$50 million based on investor demand, potentially totaling US$150 million [5] - Each unit includes one common share and one common share purchase warrant, with warrants exercisable at C$0.1875 for two years [4] Group 2: Strategic Goals - The funds raised will be used to increase the company's strategic bitcoin reserve, working capital, and general corporate purposes [5] - The company aims to grow its existing bitcoin treasury from 11 to over 75 bitcoin, representing a growth of over 700% [4] Group 3: Governance and Share Structure - The company plans to enter into investor rights agreements with Zermatt Consulting LLC and Adam O'Brien, which will allow for the nomination of additional directors [6] - A proposed amendment to the company's capital structure will introduce Subordinate Voting Shares and Multiple Voting Shares, subject to shareholder approval [8][9] - Investors will enter into voting support agreements to support the share structure amendment and related matters [9][10] Group 4: Regulatory and Compliance - The offering is subject to regulatory approvals, including from the TSX Venture Exchange, and all securities issued will be subject to a statutory hold period of four months and one day [12] - The O'Brien Investor Rights Agreement and Share Structure Amendment are considered related party transactions and will require minority shareholder approval [14]

Lummis Pushes for Bitcoin ATM Safeguards Amid Mounting Scam Concerns► https://t.co/ACX1qingPZ https://t.co/ACX1qingPZ ...

Core Viewpoint - Bitcoin Well Inc. has issued a total of 870,806 common shares as payment for services rendered under a sponsorship agreement with Energon Entertainment LLC, with share prices set at C$0.15 and C$0.135 for different service periods [1]. Group 1: Share Issuance Details - The company issued 412,740 common shares at a deemed price of C$0.15 per share for services from March 1, 2025, to May 31, 2025 [1]. - An additional 458,066 common shares were issued at a deemed price of C$0.135 per share for services from June 1, 2025, to August 31, 2025 [1]. - All shares issued are subject to a statutory hold period of four months plus one day [2]. Group 2: Company Overview - Bitcoin Well aims to make bitcoin accessible to everyday people, providing modern banking conveniences alongside the benefits of bitcoin [3]. - The company operates Bitcoin ATM and Online Bitcoin Portal business units, which generate cash flow to support its mission [3].