Bitcoin Well Adds Locations Through Partner Program

EDMONTON, Alberta, April 12, 2022 (GLOBE NEWSWIRE) — Bitcoin Well Inc. (“Bitcoin Well”) (TSXV: BTCW), a technology company building and utilizing products that offer safe and easy ways to buy, sell and use bitcoin, is pleased to announce that it has signed an agreement with Beck Antiques & Jewellery Inc. (“Beck”) to meld the world of precious metals with full scale in-person bitcoin services and enable Beck to make bitcoin accessible to clients.

“We are pleased to add Beck to our Partner Program which efficiently expands our customer and revenue base without having to invest additional capital,” said Adam O’Brien, Founder and CEO of Bitcoin Well. “We continue to look for mutually beneficial business relationships where we know there is strong demand for cryptocurrency and where we can provide our white glove service to clients.”

Bitcoin Well will use its proprietary software tools and processes, in compliance with the rules and regulations applicable in Canada, to handle bitcoin transactions and all of the administrative responsibilities associated with cryptocurrency transactions. With this agreement in place, Beck will be able to offer bitcoin to new and existing clients.

About Bitcoin Well
Bitcoin Well offers convenient, secure and reliable ways to buy, sell and use bitcoin. Bitcoin Well is on a mission to shift the relationship that society has with money by offering an ecosystem of products and services that make Bitcoin accessible and understood. This ecosystem includes self custodial financial offerings (both in-person and online); technology development, including SaaS and internal technology developments through Ghostlab, the technology arm of the business; and educational resources designed with the needs of both the customers, and the industry, in mind.

Sign up for our newsletter and follow us on LinkedIn, Twitter, YouTube, Facebook, and Instagram to keep up to date with our business. For OTC location information visit bitcoinwell.com/appointment/.

About Beck Antiques & Jewellery
Beck has four stores in the greater Edmonton area offering appraisal, buy, sell, trade and auctioning of all types of treasure, including precious metals such as gold and silver, as well as assistance with estate liquidations.

Bitcoin Well Contact Information
For investor information, please contact:

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

Myles Dougan, Director of Investor Relations
Tel: 587 982 2769
m.dougan@bitcoinwell.com

For media queries and further information, please contact:

Karen Smola, Director of Marketing
Tel: 587 982 5544
k.smola@bitcoinwell.com

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Forward-Looking Information: 
Certain statements contained in this news release may constitute forward-looking information. Forward-looking information is often, but not always, identified by the use of words such as “anticipate”, “plan”, “estimate”, “expect”, “may”, “will”, “intend”, “should”, or the negative thereof and similar expressions. Forward-looking information involves known and unknown risks, uncertainties and other factors that may cause actual results or events to differ materially from those anticipated in such forward-looking information.

Bitcoin Well actual results could differ materially from those anticipated in this forward-looking information as a result of regulatory decisions, competitive factors in the industries in which Bitcoin Well operates, prevailing economic conditions, and other factors, many of which are beyond the control of Bitcoin Well.

Bitcoin Well believes that the expectations reflected in the forward-looking information are reasonable, but no assurance can be given that these expectations will prove to be correct and such forward-looking information should not be unduly relied upon.

Any forward-looking information contained in this news release represents Bitcoin Well expectations as of the date hereof, and is subject to change after such date. Bitcoin Well disclaims any intention or obligation to update or revise any forward-looking information whether as a result of new information, future events or otherwise, except as required by applicable securities legislation.

For more information, see the Cautionary Note Regarding Forward Looking Information found in the Bitcoin Well quarterly Management Discussion and Analysis.

Bitcoin Well Bitcoin Well Adds Locations Through Partner Program