Core Viewpoint - Bitcoin Well Inc. announces a shares-for-debt settlement, the grant of stock options, and related early warning disclosure, aiming to enhance its financial position and support its mission to enable independence through bitcoin [1]. Debt Settlement - The company will settle C$291,095 of accrued interest obligations by issuing common shares [2]. - As of January 2, 2026, the company has a total debt of C$210,495 related to certain use of bitcoin agreements and a convertible debenture agreement, with C$96,683 settled by issuing 920,788 shares at C$0.105 per share and C$113,813 settled by issuing 1,354,916 shares at C$0.084 per share [3]. - The company also has C$80,600 in convertible debenture interest debt, which will be settled by issuing 739,449 shares at C$0.109 per share [4]. - Additionally, the company has C$62,905.50 in sponsorship agreement debt, settled by issuing 698,950 shares at C$0.09 per share [5]. - The overall debt settlement is subject to approval from the TSX Venture Exchange [6]. Private Placement - The company has closed its private placement offering, raising approximately C$12,492,081.22 from the sale of 122,471,380 units, including C$6,618,460 in cash and 37.31 Bitcoin valued at approximately C$5,873,621.11 [8][9]. Grant of Stock Options - The company granted stock options to purchase up to 8,292,500 shares at an exercise price of C$0.105 per share, with a vesting schedule over three years and a term of five years [10]. Related Party Transactions - Participation by certain directors and officers in the debt settlement and option grant constitutes related party transactions, with the company relying on exemptions from formal valuation and minority shareholder approval requirements [11]. Early Warning Disclosure - Adam O'Brien, the CEO, acquired 1,800,000 options, maintaining approximately 23.88% of the issued shares on a non-diluted basis and increasing to approximately 25.43% on a partially diluted basis following the option grant [12].

Core Insights - Bitcoin Well Inc. reported significant financial growth in Q3 2025, with total revenue reaching $34.0 million, a 62% increase from $21.0 million in Q3 2024 [2][4][7] - The company experienced strong revenue growth across all segments, particularly in the Online segment, which grew by 85% to $17.5 million [4][7] - Despite the revenue growth, Bitcoin Well reported a net loss of $4.1 million for Q3 2025, an increase from a net loss of $949,226 in Q3 2024, primarily due to unfavorable fair value changes related to cryptocurrency loans [9] Financial Performance - Revenue for the nine months ended September 30, 2025, was $97.9 million, up 62% from $60.5 million in the same period in 2024 [5][7] - Gross profit increased by 46% to $1.3 million in Q3 2025 from $0.9 million in Q3 2024, and year-to-date gross profit rose 37% to $3.8 million [6][7] - Adjusted EBITDA improved significantly, reaching negative $0.3 million in Q3 2025 compared to negative $0.6 million in Q3 2024, indicating a 58% improvement [8][7] User Growth and Market Position - The Online Bitcoin Portal had over 57,000 unique users as of September 30, 2025, representing a 78% increase from December 31, 2024, and a 128% increase from September 30, 2024 [7] - Bitcoin Well's Bitcoin Treasury held a net investment of 42.36 BTC as of September 30, 2025, which increased to 69.00 BTC after acquiring an additional 26.63 BTC on November 5, 2025 [7] Debt Settlement - The company announced the issuance of 1,662,427 common shares to settle C$212,599 in interest on convertible debentures, approved by the TSX Venture Exchange [11][12] - Bitcoin Well also agreed to settle a debt of USD $76,000 (CAD 106,536.80) by issuing 926,406 shares at a deemed price of $0.115 per share, pending TSXV approval [22][23]

Core Insights - Bitcoin Well Inc. has received a thirty-day extension from the TSX Venture Exchange to complete its private placement of units at a price of C$0.102 per unit [1] - The company plans to close a second tranche of the offering on or before November 28, 2025, with proceeds aimed at enhancing its Bitcoin treasury, working capital, and general corporate purposes [2] Company Overview - Bitcoin Well is focused on making Bitcoin accessible to everyday users, providing modern banking conveniences alongside the benefits of Bitcoin [4] - The company operates Bitcoin ATMs and an online Bitcoin portal, which generate cash flow to support its mission [4]

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].