Bitcoin Well Opens First Calgary Office to Offer

EDMONTON, ALBERTA, June 15, 2021 (GLOBE NEWSWIRE) – Bitcoin good (the “company” or “BTCW“), A company that provides convenient, secure, and reliable ways to buy, sell, and use Bitcoin, is pleased to announce that we have officially opened our” Over-the-Counter “(” OTC “) office in Calgary have opened. Our Calgary OTC office provides top-notch service by appointment for individuals looking to transact in larger Bitcoin denominations and provides a convenient environment for those looking to learn about the benefits of Bitcoin as a means of ensuring financial sovereignty.

Bitcoin Well’s management team includes two of Alberta’s original Bitcoin entrepreneurs, both of whom have a proven track record of successfully opening stationary Bitcoin locations. The company’s chief revenue officer, Dave Bradley, opened the world’s first bitcoin store in Calgary in 2013 when bitcoin was still in its infancy, creating a prestigious and trustworthy environment for customers. Chief Executive Officer Adam O’Brien opened the OTC office in Edmonton, which has been serving our loyal customer base with first-class, sociable service since 2017.

“The expansion of our office space into Calgary is monumental. Both Adam and I believe the city needs our “white glove service” to replicate the success we built in Edmonton with the same model, “said Dave Bradley. “As two of the longest-serving and most trusted experts with a proven track record in the Bitcoin space, the Bitcoin Well team plans to continue this trend and open additional OTC offices in other national and international cities to provide our world-class, exceptional service to markets around the world.”

The new 1,000 square foot office is centrally located at 724 11 Avenue SW in Calgary’s popular Beltline District and will host our growing Calgary BTCW team. With plenty of on-street parking and easy access, the Calgary OTC office will provide services by appointment in a welcoming, concierge-like environment where people can learn more about Bitcoin and gain insights into protecting their digital assets. With this office opening, Bitcoin Well looks forward to expanding our activities in the Calgary community, including hosting training sessions for Calgarians to learn more about Bitcoin.

“As an organization focused on advancing technology and innovation in Calgary, Platform is pleased that a company like Bitcoin Well has chosen to expand its business into downtown Calgary – this reflects the growth and dynamism that that we’re seeing in technology and innovation around the world in city and province, ”said Terry Rock, CEO of Platform Calgary. “Bitcoin Well’s expansion into Calgary will help create new jobs in the tech industry and attract young talent, which is critical to our economic recovery.”

About Bitcoin Well

Bitcoin Well provides convenient, secure, and reliable ways to buy and sell Bitcoin through a trusted Bitcoin ATM network and suite of web-based transaction services. BTCW is positive on Adjusted EBITDA and is positioned to become the first publicly traded Bitcoin ATM company with an entrepreneurial consolidation strategy to enable value-adding and cost-effective expansion in North America and worldwide. As the head of the longest-running founder-run Bitcoin ATM company, Bitcoin Well’s management brings extensive operational capabilities spanning the value chain, as well as access to proprietary, cutting-edge software development to support further expansion. Follow us on LinkedIn, Twitter, YouTube, Facebook and Instagram to stay up to date on our business.

Contact information
For investor information, please contact:

Bitcoin good
10142 82 Avenue NW
Edmonton, AB T6E 1Z4
bitcoinwell.com

Adam O’Brien, President & CEO or
Dave Bradley, Chief Revenue Officer
Tel: 1 888 711 3866
IR@bitcoinwell.com

For media inquiries and further information, please contact:

Karen Smola, Head of Marketing
Tel: 587-735-1570
k.smola@bitcoinwell.com

Reader’s Guide / Forward-Looking Statements

Statements in this Bitcoin Well press release that are not historical facts are “forward-looking statements” that involve risks and uncertainties, such as the timing of expansion plans and activities, the allocation of proceeds from the private placement, and various business objectives. Such information can generally be identified by the use of forward-looking phrases such as “may”, “expect”, “estimate”, “anticipate”, “intend”, “believe” and “further” or the negative or similar variations thereof. Because forward-looking statements address future events and conditions, they by their nature involve inherent risks and uncertainties, such as the risk that the financial statements may not be closed for any reason. In any event, actual results could differ materially from those currently anticipated in such statements due to factors such as (i) adverse market conditions and (ii) the need for additional financing. Unless required by law, Bitcoin Well does not intend to update changes to such statements.

A photo accompanying this announcement is available at: https://www.globenewswire.com/NewsRoom/AttachmentNg/293588df-19b0-4748-9fa0-c51d1447a0f8

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