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Financings

Bitcoin Well Adds To Bitcoin Treasury

By The Northwire Desk — AI Analysis Oct 17, 2025 · 08:15 BTCW · 0.115 Bitcoin Well Inc.
BTCW · Price

Executive Summary

  • Bitcoin Well Inc. deployed approximately $194,066 CAD of recently closed financing to purchase ~1.246 BTC at an average price of $110,909 USD ($155,772 CAD) per bitcoin.
  • The acquisition raises the company’s total bitcoin reserve to 69.00 BTC, with an overall average purchase price of $112,477 USD ($157,897 CAD) per bitcoin.
  • The transaction reflects the Company’s ongoing strategy to grow its non‑custodial bitcoin holdings and fund future operations through cash‑generating ATM and online portal businesses.

Key Details

  • Financing Utilization: Approximately $194,066 CAD of proceeds from the most recent financing round were used for the BTC purchase.
  • Purchase Quantity & Price: Acquired ~1.246 BTC at an average price of $110,909 USD (≈$155,772 CAD) per bitcoin.
  • Total Reserve Post‑Transaction: 69.00 BTC held in reserve.
  • Average Purchase Price of Entire Reserve: $112,477 USD ($157,897 CAD) per bitcoin.
  • Purpose Statement: The acquisition is intended to add to the company’s bitcoin reserve, supporting its mission to enable independence and provide bitcoin‑based financial services.

Notable Quotes

(No direct quotes were provided in the release.)

Read the original news release →

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