Business
Bitcoin Well Announces 87% Quarterly Growth in Q2 on the Bitcoin Portal
(TheNewswire) Edmonton, Alberta – TheNewswire - July 10, 2024 – Bitco...
About this update from Bitcoin Well Inc
[{"type":"text","content":"Bitcoin Well Announces 87% Quarterly Growth in Q2 on the Bitcoin Portal\n \n \n (TheNewswire)\n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n \n Edmonton, Alberta –\n \n \n TheNewswire -\n \n \n July 10, 2024 – Bitcoin Well\nInc.\n \n \n (“\n \n \n Bitcoin Well\n \n \n ” or the “\n \n \n Company\n \n \n ”)\n(\n \n \n TSXV: BTCW\n \n \n )\n \n \n ;\n \n \n (\n \n \n OTCQB: BCNWF\n \n \n ), the\nnon-custodial bitcoin business on a mission to enable independence,\ntoday announces that Bitcoin Portal volumes have grown by over 87% in\nQ2 2024 (CAD ~$16.85 million) compared to Q1 2024 (CAD ~$9\nmillion)\n \n \n . With Bitcoin Portal volumes in the USA\ngrowing by over 260% in Q2\n \n \n (CAD ~$0.4 million)\n \n \n compared to Q1 2024\n \n \n (CAD\n~$0.11 million)\n \n \n .\n \n \n \n \n “The Bitcoin Portal has shown tremendous growth and\nstrength in the first half of 2024,” said Adam O’Brien, founder\nand CEO of Bitcoin Well. “We are also excited about the second half\nof the year as our advertising and partnerships continue to drive new\ncustomers seeking independence and non-custodial ways to buy and sell\nbitcoin.”\n \n \n \n \n Notably,\n \n \n in June 2024, a single\ncustomer transacted CAD $2 million on the Bitcoin Portal. The\nnormalized Canadian volume in June, excluding this customer, was CAD\n~$4.7 million.\n \n \n \n \n About Bitcoin Well\n \n \n \n \n Bitcoin Well is on a mission to enable independence. We\ndo this by making bitcoin useful to everyday people to give them the\nconvenience of modern banking and the benefits of bitcoin. We like to\nthink of it as future-proofing money. Our existing Bitcoin ATM and\nOnline Bitcoin Portal business units drive cash flow to help fund this\nmission.\n \n \n \n \n Join our\n \n \n \n investor community\n \n \n \n and follow us on\n \n \n \n Nostr\n \n \n \n ,\n \n \n ,\n \n \n and\n \n \n to\nkeep up to date with our business.\n \n \n \n \n Bitcoin Well contact information\n \n \n \n \n To book a virtual meeting with our Founder & CEO\nAdam O’Brien please use the following link:\n \n \n \n https://bitcoinwell.com/meet-adam\n \n \n \n \n \n For additional investor & media information, please\ncontact:\n \n \n \n \n Adam O’Bri...