Bitcoin Well Releases Direct Deposit Feature on the Bitcoin Portal for USA Customers

(TheNewswire)

Edmonton, Alberta TheNewswire – January 7, 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 Direct Deposit for USA Customers which enables the ability to deposit paychecks and other third party payments directly to Bitcoin Well.

Effective immediately, Bitcoin Well customers in the USA will have the ability to deposit paychecks or third party payments into their Bitcoin Well account. They can predetermine the percentage they would like converted into bitcoin and sent directly to their personal bitcoin wallets (AKA self custody).

‘Bitcoin Well customers can now be paid directly in bitcoin!’ said Adam O’Brien, founder and CEO of the Company. ‘We are bridging the gap between the capabilities of the existing financial system and our customer’s desire to live on a bitcoin standard. Our mission to enable independence is only possible when bitcoin in self custody is as easy to use as money in your bank. Today, we are one step closer to that reality. Bitcoin Well is the platform for anybody who wants to live on a bitcoin standard.’

Any funds not used to buy bitcoin will be deposited into the customer’s Bitcoin Well Cash account which can be withdrawn to an external bank, or used to buy bitcoin instantly at a later date.

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, 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.

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