Bitcoin Well opens first Calgary office to offer

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EDMONTON, Alberta, June 15, 2021 (GLOBE NEWSWIRE) – Bitcoin Well (the Company or BTCW), a company offering convenient, safe and reliable ways to buy, sell and use bitcoin, is pleased to announce that we have officially opened our Calgary OTC office. Our Calgary OTC office will provide a top notch service by appointment for those looking to transact in larger bitcoin denominations and provide a comfortable environment for those who want to learn more about the benefits of bitcoin as a way to guarantee. financial sovereignty.

Bitcoin Well’s management team includes two of the original bitcoin entrepreneurs from Alberta, both of whom have established experience in successfully opening physical bitcoin locations. Company Revenue Director Dave Bradley opened the world’s first bitcoin store in Calgary in 2013, when bitcoin was in its infancy and created a prestigious and trusted environment for customers. CEO Adam OBrien launched the OTC office in Edmonton, which has been successfully serving our loyal clientele with superior service since 2017.

The expansion of our Calgary office footprint is monumental. Adam and I believe the city needs our white glove service to replicate the success we’ve built with the same model in Edmonton, said Dave Bradley. As two of the oldest and most trusted experts in the bitcoin space, the Bitcoin Well team plans to continue this trend and open additional OTC offices in other national and international cities, bringing our exceptional high quality service to markets across the world.

The new approximately 1,000 square foot office is located at 724 11 Avenue SW in the popular Beltline neighborhood of Calgary and will house our growing Calgary BTCW team. With ample on-street parking and easy accessibility, the OTC Calgary office will provide services by appointment in a welcoming, concierge-like environment where people can learn about bitcoin and gain insight into how to protect. their digital assets. With this office opening, Bitcoin Well looks forward to improving our business in the Calgary community, including hosting educational sessions for Calgarians to learn more about bitcoin.

As an organization focused on advancing technology and innovation in Calgary, Platform is excited to see a company like Bitcoin Well choose to expand their business to downtown Calgary, which reflects the growth and the momentum seen in technology and innovation across the city and province. , says Terry Rock, CEO of Platform Calgary. Bitcoin Wells’ expansion in Calgary will help create new tech jobs and attract young talent, which is critical to our economic recovery.

About Bitcoin Well

Bitcoin Well offers convenient, secure, and reliable ways to buy and sell bitcoin through a trusted Bitcoin ATM network and web-based transaction service suite. BTCW has a positive Adjusted EBITDA and positioned to become the premier publicly traded Bitcoin ATM company, with an enterprising consolidation strategy to deliver profitable and profitable expansion in North America and globally. As the leader of the oldest Bitcoin ATM company run by its founder, Bitcoin Well management brings deep operational capabilities that span the entire value chain as well as access to proprietary software development and tip that supports further expansion. Follow us on LinkedIn, Twitter, YouTube, Facebook and Instagram to stay up to date with our business.

Contact Information For more investor information, please contact:

Bitcoin Well10142 82 Avenue NW Edmonton, AB T6E 1Z4bitcoinwell.com

Adam OBrien, President and CEO or Dave Bradley, Director of Revenue Tel: 1 888 711 3866 [email protected]

For media inquiries and further information, please contact:

Karen Smola, Director of Marketing Tel: [email protected]

Notice to readers / forward-looking statements

Statements in this press release regarding Bitcoin Well that are not historical facts are forward-looking statements that involve risks and uncertainties, such as the timing of expansion plans and activities, the allocation of the proceeds of the offering private as well as various business purposes. Such information can generally be identified by the use of forward-looking wording such as can, expect, estimate, anticipate, intend, believe and continue or the negative thereof or similar variations. Because forward-looking statements deal with future events and conditions, by their very nature they involve inherent risks and uncertainties such as the risk that closing will not occur for any reason. Actual results in each case could differ materially from those currently anticipated in these statements due to factors such as: (i) adverse market conditions and (ii) the need for additional financing. Unless required by law, Bitcoin Well does not intend to update any changes to these statements.

A photo accompanying this announcement is available at: https://www.globenewswire.com/NewsRoom/AttachmentNg/293588df-19b0-4748-9fa0-c51d1447a0f8

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