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Bitcoin Well Is Disrupting Bitcoin Ownership

March 7, 2024
x min read

There’s a publicly traded company in Canada with a bold vision: to change the paradigm around Bitcoin ownership.

What’s happening:

  • Bitcoin Well (TSXV: BTCW) has been experiencing rapid growth for their non-custodial Bitcoin platform for North American users

The big idea:

  • Bitcoin Well enables individuals to buy Bitcoin through their network of Bitcoin ATMs or their technology platform, while maintaining full self custody of their Bitcoin at all times
  • Whether buying Bitcoin at a physical ATM location or digitally, Bitcoin Well never takes custody of users' Bitcoin
  • This is done by leveraging Bitcoin Well’s technology infrastructure that acts as an on-ramp for users to be able to purchase Bitcoin that is then directly sent to their own digital asset wallet instantaneously

Why it matters:

  • Many of the notable downfalls of popular Bitcoin exchanges have come from issues around being a custodian for users assets and complications that arise from users not having full self custody of their own Bitcoin

By the numbers:

  • Bitcoin Well now has over 13,000 unique users in North America
  • Last month alone, Bitcoin Well added over 1,200 new users to their platform
  • Bitcoin Well currently has 200 Bitcoin ATMs operating in locations across Canada

Going deeper:

  • Bitcoin Well has developed a circular ecosystem for individuals to be able to do more than just purchase Bitcoin, including the ability to use Bitcoin to pay bills within Canada and easily convert Bitcoin back to fiat currency through bank transfers within North America


The New Money provides background information on early stage companies from publicly available sources. The New Money provides no advice on dealing in securities, is not a financial adviser and does not pretend to be so. This message is meant for information and educational purposes only. The information contained in this email is not to be considered factual or complete. Anybody interested in obtaining financial and other information on companies mentioned is advised to get it direct from the companies, or from their own investment adviser. The New Money does not intend for this information to be used to inform an investment decision. The New Money has been compensated by Bitcoin Well for a media campaign, which affects our ability to be unbiased. The Principals of The New Money may buy or sell shares of Bitcoin Well without further notice. This is why we stress that you conduct extensive due diligence as well as seek the advice of your financial advisor or a registered broker-dealer before investing in any securities. The New Money and its principals and agents are not registered or licensed by any governing body in any jurisdiction to give investing advice or provide investment recommendation. Always do your own research and consult with a licensed investment professional before making an investment. This communication should not be used as a basis for making any investment. Investing is inherently risky. While a potential for rewards exists, by investing, you are putting yourself at risk. You must be aware of the risks and be willing to accept them in order to invest in any type of security. Don't trade with money you can't afford to lose. This is neither a solicitation nor an offer to Buy or Sell securities. No representation is being made that any stock trade will or is likely to achieve profits. Comparisons made to other featured companies or past performance is not indicative of future results.

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