Bitcoin Well Inc · TSXV:BTCW
Bitcoin Well — Investor Presentation (March 2024)
20 slides from Bitcoin Well's investor presentation, March 2024
Slide 1: Bitcoin Well Investor Presentation March 2024
BITCOIN WELL TSX.V:BTCW OTCQB:BCNWEF
Slide 2: Cautionary Notes and Forward-Looking Information
A D V ISORIE S Th e r e i s a n o ffe r i n g d o c u m ent r e l a t ed t o t h i s o ffe r i n g t h a t c a n b e a c c e s sed u n d e r t h e i s s u er’ s p r o fi l e a t w w w . s ed a rp l u s.c a a n d a t w w w . b i t c oi n wel l .c om. P r o s p ec ti ve i n v e st or s s h o u l d r e
Slide 3: Cautionary Notes and Forward-Looking Information Continued
A D V ISORIE S Caut io n ar y N o t es and F or war d-Looking Inf or mat ion Cont inued The a ct u a l res u lts , per forma n ce or a ch ievements o f t he Comp a ny c o u l d d i ffer ma teri a l ly fr om t h ose a nt ic i p ate d i n t he for wa r d -lo ok i n g st atemen ts c o nt a i ned i n th
Slide 4: Comparables
A D V ISORIE S Co m par able s Th i s Presen ta ti o ns co nt a i ns cer t ai n c ompa r a b les th at a re c ons i dered t o be a n app r o pr i ate c omp a r is on wi th the Comp a ny a s t hey o per ate i n t he same i n d ust ry a n d sh a re cert a i n ope r at in g or fi na n c i al c h ar ac
Slide 5: Key Points
KEY POINTS • E cos y s t e m of onl i ne a nd i n - p e r s o n p r o d u ct s a n d s e r v i ce s t h a t a r e c o up lin g t he b e ne fi t s of b it co in w it h t he co nv e ni e nc e of mod e r n b a n kin g • W e ll e s t a b l i s he d c a s h- fl ow in g Bit coin A T M b us i ne s s s up p
Slide 6: The Publicly Traded Bitcoin Super Company
T HE PUBLI CLY T RADE D BIT CO I N SUPE R CO M PANY 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 hav
Slide 7: Bitcoin ATMs
Business Unit 1 B IT COIN AT M s • Established 2014 • Over 190 units across Canada • 10 - 20% transaction fee • Internal software for maximum ecosystem effect • Stable cash flows and steady growth 7
Slide 8: The Bitcoin Portal
Business Unit 2 T HE B IT COIN P ORT AL • Non custodial online bitcoin platform • Live in Canada (Nov 2022) and USA (Sept 2023) • 1% transaction fee • Over 13,000 unique users signed up • Surpassed Bitcoin ATM revenue in Feb • SELF CUSTODY 8
Slide 9: What is Self-Custody?
WH A T I S S E L F - C U S T O D Y ? The safest way to interact with bitcoin W e d o n o t h o l d c u s t o mer' s b i t c o ins. O u r u s er s a l w a ys h a v e fu l l c o n t r ol o v er t h e i r b i t co in. W e c a l l t h i s " S e l f- C u s tody " • Custodians are subject to honey pot att
Slide 10: Market Cycle Strategy
MARK ET C Y CL E ST RA T EG Y Positioned to take advantage of the bull markets $80,000 Price of bitcoin* $60,000 Bitcoin Well Revenue $40,000 $20,000 $10,000 10 * A s o f F e b r u a ry 2 9 , 2 02 4
Slide 11: Bitcoin Halving Sets the Pace
BITCOIN HALVING SETS THE P ACE The bit coin pr ice his t or ically follows t he “ Halv ing Cy cles ” wher e t he s upply of bit coin is cut by 50% The nex t Bit coin Halv ing is s et t o occur in Apr il 2024. 11
Slide 12: Bitcoin Portal Growth
BI TC O IN P O RT AL GRO W TH 1 4 8% u n i q u e u s e r g r o wth s i n ce Ma y 2 02 3 O ver 13 ,000 u n i q u e u s er s i g n u p s U S A l a u n ch e d i n s o me s ta tes i n mi d 2 02 3 wi th a l l 50 s ta tes i n Feb 2 02 4 912 2023 2024
Slide 13: Industry Comparison
I N D U S T R Y C O M P A R I S ON Bit c o in We ll Co in b a s e Ne t c o in s Big Banks Bitcoin ( BTC W) ( COIN) ( BIGG) User control of bitcoin/money Pay bills and credit cards Buy and sell bitcoin Fiat accounts Spend bitcoin easily 13
Slide 14: Term Sheet
Issue: TERM SHEET Minimum of 7,142,857 units and maximum of 12,000,000 (the “Units”) of the Company. Issue Price: $0.175 per Unit (the “Issue Price”). Gross Proceeds: Minimum of $1,250,000 and maximum of $2,100,000 (the “Offering”). Each Unit will consist of one common share of the Company (a “Unit
Slide 15: Pro Forma Capitalization
P R O FORMA CA P I T AL I ZA TI ON TSXV:BTCW (C$M or millions of shares, except per share figures) Current Proforma $0.20 3.5 Issue Price $0.175 $0.175 Basic Shares O/S 200.2 200.2 3.0 $0.16 Shares From Financing1 7.1 2.5 Market Capitalization $35.0 $36.3 Volume (M) Cash1 $2.2 $3.4 $0.12 Price (C$)
Slide 16: Customer Focused
C U S T OM E R F OC U S E D The journey of a Bitcoin Well customer Customer Customer Customer Customer Acquisition Monetization Maintenance Growth Ho w d o t h e y fin d u s ? Ho w d o t h e y u s e u s ? Wh y d o th e y c om e b a c k? W h y d o t h e y t e ll t h e ir frie n d s ? • Digital advert
Slide 17: The Team
THE TEAM L EA D ERS H I P T EA M A dam O ' B r ie n J as on Va n d en b er g Founder & CEO CFO Es t a b li sh e d l ea d er w i t h a S ea s on ed fi n a nci al ex ec ut i v e w i t h p a s s ion fo r t e a c h i n g a b o u t t h e e x p e r i en ce i n t h e F i n t e c h a n d b e n e fi t s o f
Slide 18: Catalysts & Opportunities
CATAL Y STS & O P P ORTU NITIE S Valuatio n Pote n ti al Steady business unit underpins the growth and development of high growth Bitcoin Portal Marke t S hare Ac c e le rati on Give eventual paying subscribers a fast and safe path to buy, sell and use bitcoin in their markets 18
Slide 19: Investor Relations Contact
i r @b i tc o in wel l . c o m | b itc o in wel l . c o m/ in vesto rs 1: 1 with o ur C E O @ b i tc o i n we l l . c o m/ me e t- a da m
Slide 20: Appendix - Statutory Rights of Action
AP P E N D I X - S T ATUTORY RI G H TS O F A C TI O N I n c e rta i n c i rc u msta nc e s, sec uri ti es l eg i sl a ti on i n c erta i n p rovi nc es or te rri to ri es o f Ca n a d a m a y p ro vi d e p u rc h a sers wi th r em ed i es f o r r esc i ssi on o r d a m a g e s, o r b o th , i n a d