Bitcoin Well Inc · TSXV:BTCW
Bitcoin Well — Investor Presentation (September 2024)
17 slides from Bitcoin Well's investor presentation, Sep 9, 2024
Slide 1: Bitcoin Well Investor Presentation
BITCOIN WELL TSX.V:BTCW OTCQB:BCNWF Updated: September 9, 2024
Slide 2: Advisories
ADVISORIES There is an offering document related to this offering that can be accessed under the issuer’s profile at www.sedar.com and at www.bitcoinwell.com. Prospective investors should read this offering document before making an investment decision. Forward-Looking Information Statements made by
Slide 3: Key Points
KEY POINTS Ecosystem of online and in-person products and services that are coupling the benefits of bitcoin with the convenience of modern banking Well established cash-flowing Bitcoin ATM business supports accretive future growth High growth Bitcoin Portal live in Canada and USA Experienced leader
Slide 4: The Team
THE TEAM LEADERSHIP TEAM Adam O' Brien Jason Vandenberg Founder & CEO CFO E s t a bl i s h e d l e a de r wi t h a S e a s one d f i n a n c i a l e x e c u t i v e wi t h pa s s i on f o r t e a c h i n g a bo u t t he e x pe r i e n c e i n t h e F i n t e c h a n d be ne f i t s o f bi t c o i n
Slide 5: The Publicly Traded Bitcoin Super Company
THE PUBLICLY TRADED BITCOIN SUPER COMPANY We enable independence by making bitcoin easier to use. Our Bitcoin ATM business provides the customer with a level of privacy not possible online Our Bitcoin Portal business provides the customer with quick and convenient transactions We have the advantage
Slide 6: Bitcoin ATMs
Business Unit 1 BITCOIN ATMs Established 2014 ~200 units across Canada 10 - 20% transaction fee Internal software for maximum ecosystem effect Stable cash flows and steady growth 6
Slide 7: The Bitcoin Portal
Business Unit 2 THE BITCOIN PORTAL Non custodial online bitcoin platform Live in Canada (Nov 2022) and USA (Sept 2023) 1% transaction fee Over 23,000 unique users signed up SELF CUSTODY FOCUSED 7
Slide 8: What Is Self-Custody?
WHAT I S SELF-CUSTODY? The safest way to interact with bitcoin We do not hold customer's bitcoins. Our users always have full control over their bitcoin. We call this "Self-Custody" Custodian's are subject to honey pot attacks and process failure Canadian market is becoming skeptical of custodians*
Slide 9: Market Cycle Strategy
MARKET CYCLE STRATEGY Positioned to take advantage of the bull markets 100,000,000 $80,0000 Price of bitcoin* 80,000,000 Bitcoin Well $60,0000 Revenue 60,000,000 $40,0000 40,000,000 $20,0000 20,000,000 $10,0000 0 2017 2018 2019 2020 2021 2022 2023 2024* *As of June 30, 2024
Slide 10: Global User Growth
GLOBAL USER GROWTH Canada USA 25000 SIGNUPS 20000 98% unique user growth since January 2024 15000 Over 23,000 unique user 10000 signups as of Aug 2024 5000 USA launched in some states in mid 2023 with all 50 states in Feb 2024 0 Jan Feb Mar Apr May June July Aug 2024 910
Slide 11: Global Revenue Growth
GLOBAL REVENUE GROWTH Canada USA 3500000 3000000 2500000 2000000 1500000 1000000 500000 0 Oct Nov Dec Jan Feb Mar Apr May Jun Jul Aug 2023 2024 911 *Revenue gross margin expected to exceed 1%
Slide 12: USA Portal Growth
USA PORTAL GROWTH 200000 3000 150000 REVENUE SIGNUPS 100000 1500 50000 0 0 l n n ct b c ar v g pt ay r Ju Ap No De Ju Ja Fe Au O M Se M 912
Slide 13: Industry Comparison
I NDUSTRY COMPARI SON Bitcoin Well Coinbase Netcoins Big Banks Bitcoin (BTCW) (COIN) (BIGG) Use bitcoin from self custody Pay bills and credit cards Buy and sell bitcoin Cash accounts Transact bitcoin easily 13
Slide 14: Customer Focused
CUSTOMER FOCUSED The journey of a Bitcoin Well customer Customer Customer Customer Customer Acquisition Monetization Maintenance Growth How do they find us? How do they use us? Why do they come back? Why do they tell their friends? Digital advertising 2 minute verification Sticky & easy Bitcoin (Wis
Slide 15: Capital Structure
CAPI TAL STRUCTURE Common shares 214.51 million Options 18.24 million Warrants 37.18 million Fully diluted 269.93 million Share price $0.95 Market cap $20,000,000 Warrants Options Insider ownership 23.2 @ $0.18 | 7.0 @ $0.05 | 6.89 @ $0.275 8.08 @ $0.10 | 9.6 @ $0.14 | 0.5 @ $0.12 Over 50% 15
Slide 16: Catalysts & Opportunities
CATALYSTS & OPPORTUNITIES Bitcoin ATM - Accretive opportunities Steady business unit with accretive M&A potential underpins the growth and development of high growth Bitcoin Portal Bitcoin Portal - Market share acceleration Use cash flow from Bitcoin ATM M&A towards expedited user acquisition. Use b
Slide 17: ir@bitcoinwell.com | bitcoinwell.com/investors
ir@bitcoinwell.com | bitcoinwell.com/investors 1:1 with our CEO @ bitcoinwell.com/meet-adam
Bitcoin Well — Investor Presentation (September 2024) on 6ix