Northwire Canada EditionWednesday, July 29, 2026
Sign inSubscribe
Northwire
⌕
NAM 0.250 +0.0% CRD 0.065 +8.3% OLA 12.90 −3.7% CG 22.70 −2.5% EQX 12.89 −4.0% FM 37.51 −2.3% MNRG 0.080 −11.1% KFR 1.31 +0.8% AUMN 0.275 +0.0% GLB 0.250 +0.0% BHS 0.045 −10.0% EGR 0.025 +0.0% RIO 2.59 −4.1% GEN 0.070 +0.0% MAI 4.39 −2.0% RYR 0.175 +0.0% NAM 0.250 +0.0% CRD 0.065 +8.3% OLA 12.90 −3.7% CG 22.70 −2.5% EQX 12.89 −4.0% FM 37.51 −2.3% MNRG 0.080 −11.1% KFR 1.31 +0.8% AUMN 0.275 +0.0% GLB 0.250 +0.0% BHS 0.045 −10.0% EGR 0.025 +0.0% RIO 2.59 −4.1% GEN 0.070 +0.0% MAI 4.39 −2.0% RYR 0.175 +0.0%
Financings

Bitcoin Well acquires 31.36 bitcoin

By The Northwire Desk — AI Analysis Sep 30, 2025 · 15:46 BTCW · 0.15 Bitcoin Well Inc
BTCW · Price

Executive Summary

  • Bitcoin Well Inc. purchased an additional 31.36 BTC at an average price of US $113,314 (CA $157,428) to increase its bitcoin reserve.
  • Total holdings now stand at 42.36 BTC with a blended average purchase price of US $110,087 (CA $152,504).
  • Proceeds from the first tranche of the recently announced private placement will be primarily used to acquire more bitcoin in the coming weeks.

Key Details

  • Acquisition amount: 31.36 BTC.
  • Average purchase price: US $113,314 per BTC (CA $157,428 per BTC).
  • Updated reserve balance: 42.36 BTC total.
  • Blended average cost of holdings: US $110,087 per BTC (CA $152,504 per BTC).
  • Funding source: Majority of proceeds from the first tranche of a newly announced private placement will be allocated to further bitcoin purchases.

Notable Quotes

(No direct quotes were provided in the release.)

Read the original news release →

More from Bitcoin Well Inc

Jun 23, 2026 · 07:30

Strategic partnership targets underserved HNW crypto wealth, but revenue impact remains speculative amid persistent cash burn and dilution.

M&A / Property Jun 09, 2026 · 07:30

Bitcoin Well's IRA partnership offers incremental US distribution, but dilution and margin compression keep the stock in a structural downtrend.

Financings May 07, 2026 · 07:30

Bitcoin Well Revenue Growth Masks Cash Burn and Dilution Risks

Earnings Apr 06, 2026 · 07:30

US user growth fuels Bitcoin Well, yet share dilution limits near‑term upside

Financings Mar 05, 2026 · 07:30

Bitcoin Well Reports 2025 Q4 And Year End Financial Results, Including Record Yearly Revenue

Earnings Jan 02, 2026 · 12:50

Bitcoin Well forecasts 2025 revenue to eclipse $100M

Earnings