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].

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]

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].

Core Insights - Bitcoin Well Inc. reported significant financial growth in Q2 2025, with total revenue reaching $32.1 million, a 38% increase from $23.3 million in Q2 2024, driven by increased transaction volumes in its Online Bitcoin Portal and Bitcoin Well Infinite segments [5][6][7] Financial Performance - Revenue for the three months ended June 30, 2025, was $32.1 million, compared to $23.3 million in the same period of 2024, marking a 38% increase [6] - For the six months ended June 30, 2025, revenue was $63.9 million, up 62% from $39.4 million in 2024 [6][7] - Online Bitcoin Portal revenue grew by 56% to $14.6 million in Q2 2025, while Bitcoin Well Infinite revenue increased by 59% to $11.5 million [5][6] - Unique registrations surged to over 48,800 as of June 30, 2025, representing a year-over-year growth of 144% [6] Profitability Metrics - Gross profit for Q2 2025 was $1.4 million, a 31% increase from $1.0 million in Q2 2024, and $2.4 million for the six months ended June 30, 2025, up 33% from $1.8 million in 2024 [8] - Adjusted EBITDA improved to negative $0.1 million in Q2 2025 from negative $0.6 million in Q2 2024, reflecting an 82% improvement [9] - The company reported a net loss of $4.2 million in Q2 2025, compared to a net income of $1.1 million in the same period last year, primarily due to unfavorable fair value changes related to cryptocurrency loans [10] Comprehensive Loss - Total comprehensive loss for Q2 2025 was $0.2 million, significantly improved from $1.7 million in Q2 2024, representing an 87% improvement [10] - Year-to-date total comprehensive loss decreased to $1.7 million in 2025 from $3.3 million in 2024, indicating a 49% improvement [10]

Core Viewpoint - Bitcoin Well Inc. has introduced a revamped recurring buy feature for bitcoin, allowing customers to schedule purchases directly to their personal lightning wallets, and has renewed its sponsorship with Energon Entertainment LLC to enhance brand visibility [1][4]. Group 1: Recurring Buy Feature - Customers in Canada can now schedule bitcoin purchases daily, weekly, bi-weekly, or monthly, with transactions sent directly to their personal wallets over the Lightning Network or on-chain [2]. - The transaction speed for purchasing bitcoin over the Lightning Network has improved to under 1 second [2][3]. Group 2: Customer Engagement - As of July 23, 2025, Bitcoin Well has over 51,000 customer signups, with a yearly active user rate of over 21% [3]. Group 3: Sponsorship Agreement - A new sponsorship agreement with Simply Bitcoin commenced on March 1, 2025, for a six-month term, focusing on podcast advertising and social media marketing to boost brand visibility [4]. - Bitcoin Well will pay Simply Bitcoin a total of US$180,000, which includes a monthly cash payment of US$15,000 and equity compensation valued at US$90,000 [5]. Group 4: Share Issuance - The company plans to issue 412,740 Common Shares at a deemed price of C$0.15 per share as part of the sponsorship agreement, with the initial share issuance valued at C$61,911 [6]. - The shares are subject to TSXV approval and a hold period of four months plus a day [7]. Group 5: Company Mission - Bitcoin Well aims to make bitcoin accessible to everyday people, providing modern banking conveniences alongside the benefits of bitcoin [8].