121  0 Kommentare Bitcoin Well Schedules Live Shareholder Address and Q&A for Thursday, March 28

The purpose of this address will be for Founder & CEO, Adam O’Brien, to discuss short term growth plans in the USA, long term vision of the “Bitcoin Super Company” and an update to “Operation Toro”, as well as provide investors an opportunity to ask questions directly.

Highlights to discuss in Shareholder Address:

• Total Users as of March 24, 2024: Over 14,500 total users signed up
  • Q1 2024: Addition of over 3,500 new user signups
  • Q4 2023: Addition of over 2,100 new user signups
• Based on preliminary information, Bitcoin Well estimates that:
  • March 2024 unaudited Bitcoin Portal revenue as of March 24, 2024 was approximately $3,100,000
  • February 2024 unaudited Bitcoin Portal revenue was approximately $2,6000,000
  • January 2024 unaudited Bitcoin Portal revenue was approximately $1,900,000
  • Revenue numbers only reflect Canadian Bitcoin Portal revenue as we do not expect USA Bitcoin Portal revenue to be material in Q1 2024.
• Growth plans in USA - update below
• Bitcoin Super Company - update below
• Operation Toro update - update below

Growth plans in USA

The previously announced partnership with Simply Bitcoin has helped the Company expedite its target growth in the USA. Prior to the partnership with Simply Bitcoin, the Company was seeing less than 5% of its new user signups in the USA. As of March 25, the Company has seen 32% of its new signups in March from the USA. We expect this trend to continue.

Further, the Company will be exploring a range of influencer videos with a target focus on the platform’s ease of use and Automatic Self Custody nature through the popular video style of tutorials. There has been one “influencer tutorial video” which was released on Youtube on Friday, March 22 that has brought in nearly 50 new user signups. This video was not paid for by the Company. The video can be seen here: https://www.youtube.com/watch?v=ze7eOICbg44.