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Edmonton, Alberta May 15, 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 a partnership with Solosatoshi a company dedicated to the advancement of open-sourced Bitcoin mining.
The partnership will bring their popular product the Bitaxe Gama, a 1.2 TH/s home miner , to the Bitcoin Well Points store . This means Bitcoin Well customers who accumulate points by making transactions and referring their friends to the platform can use them to buy a Bitaxe.
"We're excited to partner with the leader in the solo-mining space," said Adam O'Brien, founder and CEO of Bitcoin Well. "I'm hopeful that as we continue these great partnerships, with industry leading products, the Bitcoin Well points store will be the best place to discover and buy the leading bitcoin merchandise. This will drive new signups and active customers. I'm bullish on this strategy"
When asked about the partnership, Matt Howard, founder of Solosatoshi said, "We are excited to see the advancement and adoption of the Bitaxe project through an abundance of such use cases. We look forward to our strategic partnership with Bitcoin Well, and we are very optimistic about all of the possibilities that open-source Bitcoin mining creates globally."
Effective today, any Bitcoin Well customer can use their points to buy a Bitaxe, or any of the other products available on the Bitcoin Well points store. The Company intends to continue making partnerships and expanding the store.
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.
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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, 2024. 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.
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