Bitcoin Well Settles Debt, Boosts Bitcoin Treasury With ATM Program
Bitcoin Well Inc. (TSXV: BTCW, OTC:BCNWF) has been making strides in its mission to make bitcoin (btc) accessible to everyday people. The company recently settled debt and issued shares under its ATM program, with proceeds earmarked for general working capital and its Bitcoin Treasury Strategy.
In a recent debt settlement, Bitcoin Well issued a total of 1,662,587 common shares, valued at C$0.1305 per share, to settle C$212,600 of debt. This transaction was subject to TSXV approval and a four-month hold period. Notably, a director of the company participated in this settlement through a wholly-owned subsidiary, classified as a related party transaction.
The company's ATM program has been active this year. By the end of September 2025, Bitcoin Well had issued 262,000 shares under this program, raising C$47,445 net of commissions. Year-to-date, the total shares issued under the ATM program reached 1,962,000, raising C$278,213 net of commissions. Haywood Securities Inc. supports the ATM Program, acting as the agent in the equity distribution agreement.
Bitcoin Well's debt settlement and ATM program activities reflect the company's commitment to its mission. The proceeds from the ATM program will be used for general working capital and to buy bitcoin as part of its Bitcoin Treasury Strategy. Investor and media inquiries can be directed to Adam O'Brien at 1 888 711 3866 or [email protected], and Founder & CEO Adam O'Brien is available for virtual meetings via https://bitcoinwell.com/meet-adam.
