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CEO.CA's Inside the Boardroom: Bitcoin Well Revenues Up +30% YoY

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Bitcoin Well, listed on TSXV as BTCW and OTCQB as BCNWF, reported a 30% year-over-year revenue increase. CEO Adam O'Brien discussed the company's dual strategy focusing on physical ATMs and a virtual portal. CEO.CA, a leading investor social network, featured this update as part of its 'Inside the Boardroom' series. CEO.CA, a subsidiary of EarthLabs, provides a platform for investors to connect and share insights. The interview highlighted future prospects and anticipated positive cash flow for Bitcoin Well.

Positive
  • Bitcoin Well reported a 30% increase in revenue year-over-year.
  • CEO Adam O'Brien discussed Bitcoin Well's dual focus on physical ATMs and a virtual portal, suggesting diversified business strategies.
  • The company anticipates achieving positive cash flow soon.
  • CEO.CA is a highly engaged platform for investors, potentially increasing Bitcoin Well's visibility.
Negative
  • The PR did not provide specific revenue figures or detailed financial data.
  • The timeline for achieving positive cash flow remains unspecified.
  • Future growth depends on the dual strategy's success, which may pose execution risks.

Toronto, Ontario--(Newsfile Corp. - May 27, 2024) - CEO.CA Technologies Ltd. ("CEO.CA"), the leading investor social network in junior resource and venture stocks, shares exclusive updates with CEOs of junior mining explorers.

Founded in 2012, CEO.CA, a wholly owned subsidiary of EarthLabs, Inc., is one of the most popular free financial websites and apps in Canada and for investors globally - with industry leading audience engagement and mobile functionality. Millions of people visit CEO.CA each year to connect with investors from around the world, share knowledge and view impactful stories about stocks, commodities, and emerging companies.

Meet the Executives Shaping the Venture Landscape

'Inside the Boardroom' is more than just an interview series - it's a chance to gain firsthand knowledge from industry leaders, understanding their vision, challenges, and strategy.

This week, CEO.CA had the opportunity to sit down with Adam O'Brien, Founder & CEO of Bitcoin Well (TSXV: BTCW) (OTCQB: BCNWF) to discuss recent revenue growth at the company, when they anticipate positive cash flow, and the dual pursuit of physical ATMs and their virtual portal.

Bitcoin Well
(TSXV: BTCW) (OTCQB: BCNWF)



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https://youtu.be/lAfy0pMGRWI

Tune in to 'Inside the Boardroom' each week and be part of the conversation that's shaping the business landscape. Visit CEO.CA or our YouTube page for hundreds more executive interviews from CEO.CA here.

Interested in showcasing your company on 'Inside the Boardroom'? Get in touch with our team at james@ceo.ca for further details and opportunities.

About CEO.CA

The leading community for investors & traders in junior resource & venture stocks. CEO.CA is one of the most popular free financial websites and apps in Canada and for small-cap investors globally -- with industry leading audience engagement and mobile functionality. Since 2012, CEO.CA has brought millions of investors together from over 164 countries to discuss their portfolio holdings and find new investment opportunities. Download our App on iOS or Android marketplace or visit us today at CEO.CA to set up your free account.

CEO.CA is a wholly owned subsidiary of EarthLabs, Inc.

For further information please contact:

CEO.CA
Email: james@ceo.ca
Website: CEO.CA

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

Cautionary Statement

The information regarding any issuer contained or referred to in any interviews conducted by CEO.CA has been furnished by such issuer directly, and neither CEO.CA nor any of its affiliates or principals assumes any responsibility for the accuracy or completeness of such information or for any failure by an issuer to ensure disclosure of events or facts which may affect the significance or accuracy of any such information.

No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein. This news release contains forward-looking information which involves risks, uncertainties and other factors that could cause actual events, results, performance, prospects, and opportunities to differ materially from those expressed or implied by such forward-looking information. Forward-looking information in this news release may include, but is not limited to, the objectives, goals, future plans, statements regarding exploration results and exploration and/or development plans of companies featured on the CEO.CA platform. Factors that could cause actual results to differ materially from such forward-looking information include, but are not limited to, capital and operating costs varying significantly from estimates, the preliminary nature of metallurgical test results, delays in obtaining or failures to obtain required governmental, environmental or other project approvals, uncertainties relating to the availability and costs of financing needed in the future, changes in equity markets, inflation, fluctuations in commodity prices, delays in the development of projects, currency risk and the other risks involved in the applicable exploration and development industry, and those risks set out in the public documents of such companies filed on SEDAR or elsewhere from time to time. Undue reliance should not be placed on such information, which only applies as of the date of this news release, and no assurance can be given that such events will occur in the disclosed time frames or at all. CEO.CA disclaims any intention or obligation to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, other than as required by law.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/210683

FAQ

What is the revenue growth of Bitcoin Well (BCNWF)?

Bitcoin Well reported a 30% year-over-year increase in revenue.

What business strategies is Bitcoin Well (BCNWF) pursuing?

Bitcoin Well is focusing on both physical ATMs and a virtual portal.

When does Bitcoin Well (BCNWF) expect to achieve positive cash flow?

The company anticipates achieving positive cash flow soon but did not specify a timeline.

Where can I find the interview with Bitcoin Well's CEO?

The interview with CEO Adam O'Brien can be found on CEO.CA's platform or their YouTube page.

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