Bitcoin Well Enables Lightning Network On The Bitcoin Portal In The USA

Bitcoin Well Enables Lightning Network On The Bitcoin Portal In The USA

(TheNewswire)

Bitcoin Well Inc.

Edmonton, Alberta March 25, 2025 TheNewswire - Bitcoin Well Inc. (" Bitcoin Well " or the " Company ") ( TSXV: BTCW; OTCQB: BCNWF ), the non-custodial bitcoin business on a mission to enable independence announces the addition of the Lightning Network in the USA as a method of immediate delivery after a bitcoin purchase. This means US customers in all 50 states can now buy bitcoin and have it sent to their personal bitcoin wallets on the Lightning Network, saving money on blockchain transaction costs and preventing wallet bloat.

This move will also reduce Bitcoin Well transaction expenses as it reduces the cost to send bitcoin to customer's personal bitcoin wallets. Further, it enables customers to buy smaller amounts, more frequently, which is in line with our ethos to "Replace your bank with Bitcoin Well"

"The Lightning Network makes it faster and easier for our customers to buy bitcoin more often while taking self-custody" explained Adam O'Brien, founder and CEO of Bitcoin Well. "I expect this addition will earn us more transactions from customers, especially as we add the ability to sell over Lightning and Swap to and from the main chain in the coming weeks."

Customers can buy bitcoin one-time or with a Recurring Buy with money directly from their bank. They can have their paychecks deposited to Bitcoin Well and converted to bitcoin, or they can use their Cash Balance to convert dollars to bitcoin. And now, their bitcoin can be instantly delivered to their Lightning wallet with no additional fees. This advancement in our products enables our customers to buy more frequently without the fear of on-chain fees or UTXO management.

About Bitcoin Well

Bitcoin Well is on a mission to enable independence. We do this by making bitcoin useful to everyday people to give them the convenience of modern banking and the benefits of bitcoin. We like to think of it as future-proofing money. Our existing Bitcoin ATM and Online Bitcoin Portal business units drive cash flow to help fund this mission.

Join our investor community and follow us on Nostr , , and to keep up to date with our business.

Bitcoin Well contact information

To book a virtual meeting with our Founder & CEO Adam O'Brien please use the following link: https://bitcoinwell.com/meet-adam

For additional investor & media information, please contact:

Adam O'Brien

Tel: 1 888 711 3866

ir@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, which 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. All statements herein other than statements of historical fact constitute forward-looking information including, but not limited to, statements in respect of Bitcoin Well's business plans, strategy and outlook. 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 including, but not limited to, the risk factors described in Bitcoin Well's annual information form and management's discussion and analysis for the year ended December 31, 2023. Forward-looking information should not be unduly relied upon. Any forward-looking information contained in this news release represents Bitcoin Well's expectations as of the date hereof and is subject to change. Bitcoin Well disclaims any intention or obligation to revise any forward-looking information, except as required by applicable securities legislation.

Copyright (c) 2025 TheNewswire - All rights reserved.

News Provided by TheNewsWire via QuoteMedia

BTCW:CC
Bitcoin Well

Bitcoin Well Investor Kit

  • Corporate info
  • Insights
  • Growth strategies
  • Upcoming projects

GET YOUR FREE INVESTOR KIT

The Conversation (0)
Bitcoin Well (TSXV:BTCW)

Bitcoin Well


Keep reading...Show less

On a mission to enable independence by combining the convenience of modern banking with the benefits of Bitcoin

Bitcoin Well Enables Lightning Network to Sell Bitcoin in the USA and Announces Shares for Debt Settlement

Bitcoin Well Enables Lightning Network to Sell Bitcoin in the USA and Announces Shares for Debt Settlement

(TheNewswire)

Bitcoin Well Inc.

Edmonton, Alberta TheNewswire - April 10, 2025 Bitcoin Well Inc. (" Bitcoin Well " or the " Company ") ( TSXV: BTCW; OTCQB: BCNWF ), the non-custodial bitcoin business on a mission to enable independence announces the addition of the Lightning Network for selling bitcoin on the Bitcoin Portal in the USA and a shares for debt settlement.

News Provided by TheNewsWire via QuoteMedia

Keep reading...Show less
Bitcoin Well Announces At-The-Market Equity Program

Bitcoin Well Announces At-The-Market Equity Program

Bitcoin Well Inc. (TSXV: BTCW) (OTCQB: BCNWF) ("Bitcoin Well" or the "Company"), the non-custodial bitcoin business on a mission to enable independence, announced today that it has established an at-the-market equity program (the "ATM Program") that allows the Company to issue and sell, at its discretion, up to $5,000,000 of common shares ("Shares") to the public from time to time.

Distributions of the Shares under the ATM Program will be made pursuant to the terms of an equity distribution agreement (the "Distribution Agreement") dated March 28, 2025 between Bitcoin Well and Haywood Securities Inc. (the "Agent"). All Shares sold under the ATM Program will be sold through the TSX Venture Exchange or other recognized Canadian marketplace at prevailing market prices at the time of sale. The ATM Program will be effective until the earlier of March 28, 2027 and the completion of the issuance and sale of all of the Shares issuable pursuant to the ATM Program, subject to earlier termination by Company or the Agent in accordance with the terms of the Distribution Agreement.

News Provided by Newsfile via QuoteMedia

Keep reading...Show less
Bitcoin Well Reports 2024 Q4 And Year End Financial Results; Q4 Revenue Increased 121% Year Over Year

Bitcoin Well Reports 2024 Q4 And Year End Financial Results; Q4 Revenue Increased 121% Year Over Year

(TheNewswire)

Bitcoin Well Inc.

Edmonton, Alberta March 12, 2025 TheNewswire Bitcoin Well Inc. (" Bitcoin Well " or the " Company ") ( TSXV: BTCW; OTCQB: BCNWF ), the non-custodial bitcoin business on a mission to enable independence, today announced financial and operating results for the fourth quarter and year ended December 31, 2024.

News Provided by TheNewsWire via QuoteMedia

Keep reading...Show less
Bitcoin Well Receives Receipt for Final Base Shelf Prospectus

Bitcoin Well Receives Receipt for Final Base Shelf Prospectus

Bitcoin Well Inc. (TSXV: BTCW) (OTCQB: BCNWF) ("Bitcoin Well" or the "Company"), the non-custodial bitcoin business on a mission to enable independence, is pleased to announce that it has obtained a receipt for its final short form base shelf prospectus (the "Shelf Prospectus") filed with the securities commissions in each of the provinces and territories of Canada.

The filing of a Shelf Prospectus is intended to provide the Company with financing flexibility. Under the Shelf Prospectus, the Company may issue and sell up to C$25,000,000 of common shares, preferred shares, warrants, subscription receipts, units, debt securities, or any combination thereof, from time to time over the 25-month period that the Shelf Prospectus remains effective. The specific terms of any actual offering of securities (if any) will be set forth in one or more shelf prospectus supplement(s) to the Shelf Prospectus, which will be filed with the applicable Canadian securities regulatory authorities in connection with any such offering.

News Provided by Newsfile via QuoteMedia

Keep reading...Show less
Bitcoin Well Announces Record Active Users and New Customer Registrations in January and Debt Settlement

Bitcoin Well Announces Record Active Users and New Customer Registrations in January and Debt Settlement

(TheNewswire)

Bitcoin Well Inc.

Edmonton, Alberta TheNewswire - February 3, 2025 Bitcoin Well Inc. (" Bitcoin Well " or the " Company ") ( TSXV: BTCW; OTCQB: BCNWF ), the non-custodial bitcoin business on a mission to enable independence announces that January ended with a record number of active users and new customer registrations in a single month.

News Provided by TheNewsWire via QuoteMedia

Keep reading...Show less
Charbone Hydrogene signe une entente de conditions pour une facilite de credit de construction de 50 millions USD

Charbone Hydrogene signe une entente de conditions pour une facilite de credit de construction de 50 millions USD

(TheNewswire)

Charbone Hydrogen Corporation

Brossard (Québec) TheNewswire - le 1 er mai 2025 - CORPORATION CHARBONE HYDROGÈNE (TSXV: CH OTCQB: CHHYF, FSE: K47 ) (« Charbone » ou la « Société »), la seule compagnie d'Amérique du Nord cotée en bourse spécialisée dans la production et la distribution d'hydrogène vert, a le plaisir d'annoncer la signature, plus tôt dans la journée, d'une convention non contraignante portant sur un financement de construction d'un montant maximal de 50 millions de dollars US, avec un gestionnaire international de fonds d'infrastructures spécialisé dans les énergies renouvelables, pour une durée de six mois. De plus amples détails sur ce financement de projet seront communiqués dans les 30 prochains jours.

News Provided by TheNewsWire via QuoteMedia

Keep reading...Show less
CHARBONE Hydrogen Signed a USD 50 Million Construction Capital Facility Term Sheet

CHARBONE Hydrogen Signed a USD 50 Million Construction Capital Facility Term Sheet

(TheNewswire)

Charbone Hydrogen Corporation

Brossard, Quebec TheNewswire - May 1, 2025 Charbone Hydrogen Corporation (TSXV: CH; OTCQB: CHHYF; FSE: K47) (the "Company" or "CHARBONE"), North America's sole publicly traded pure-play company specializing in green hydrogen production and distribution, is pleased to announce the signing, made earlier today, of a non-binding term sheet for up to USD 50 million construction capital facility with an international specialized renewable energy infrastructure fund manager for a 6-months term. More details of this project financing credit facility will be communicated in the next 30 days.

News Provided by TheNewsWire via QuoteMedia

Keep reading...Show less
Westport Announces Lock-Up Agreements in Support of the Light-Duty Divestment Transaction

Westport Announces Lock-Up Agreements in Support of the Light-Duty Divestment Transaction

Westport Fuel Systems Inc. ("Westport" or the "Company") (TSX:WPRT Nasdaq:WPRT), has entered into lock-up agreements with certain of its shareholders, executives and board members representing an aggregate of approximately 2.0 million shares, or 11.4% of the currently issued and outstanding shares, to vote in favour of the special resolution approving the sale of Westport Fuel Systems Italia S.r.l. (the " Lock-Up Agreements ").

"These Lock-Up Agreements are a significant vote of confidence in Westport's strategic direction and growth potential.  I am thankful to our key shareholders and our Board, for their continued support as we execute our plans to reduce the complexity of Westport's business and move forward focusing on providing affordable solutions for hard to decarbonize segments of the heavy-duty truck and industrial application, supported by a strengthened balance sheet," said Dan Sceli, Chief Executive Officer, Westport Fuel Systems."

News Provided by GlobeNewswire via QuoteMedia

Keep reading...Show less
Charbone Hydrogen Announces 2024 Financial Results

Charbone Hydrogen Announces 2024 Financial Results

Brossard, Quebec TheNewswire - April 30, 2025 Charbone Hydrogen Corporation (TSXV: CH; OTCQB: CHHYF; FSE: K47) (the "Company" or "CHARBONE"), North America's sole publicly traded pure-play company specialized in green hydrogen production and distribution, today announces its financial and operating results for the year ending December 31, 2024, highlighted by a 15% year-over-year revenue increase and critical progress toward commencing green hydrogen production at its Sorel-Tracy facility in 2025.

All necessary permits for the Sorel-Tracy facility have been obtained, and Hydro-Québec, the provincial grid company, is completing interconnection, keeping the project on track for 2025 production.

News Provided by TheNewsWire via QuoteMedia

Keep reading...Show less
Charbone Hydrogene annonce les resultats financiers 2024

Charbone Hydrogene annonce les resultats financiers 2024

(TheNewswire)

Charbone Hydrogen Corporation

Brossard (Québec) TheNewswire - le 30 avril 2025 - CORPORATION CHARBONE HYDROGÈNE (TSXV: CH OTCQB: CHHYF, FSE: K47 ) (« Charbone » ou la « Société »), la seule compagnie d'Amérique du Nord cotée en bourse spécialisée dans la production et la distribution d'hydrogène vert, a annoncé aujourd'hui ses résultats financiers et opérationnels pour l'exercice se terminant le 31 décembre 2024, marqués par une augmentation de 15 % des revenus sur l'année précédente ainsi que des progrès essentiels vers le démarrage de la production d'hydrogène vert à son usine de Sorel-Tracy en 2025.

News Provided by TheNewsWire via QuoteMedia

Keep reading...Show less
Bitcoin Well

Bitcoin Well Investor Kit

  • Corporate info
  • Insights
  • Growth strategies
  • Upcoming projects

GET YOUR FREE INVESTOR KIT

Latest Press Releases

Related News

×