Bitcoin Well Announces $5 Million Secured Convertible Debt Financing To Develop Next Phase Of Bitcoin Ecosystem
Amount Raised
$5 Million
Round Type
Convertible Note
EdmontonFinanceBlockchainCryptocurrencyLendingDescription
Bitcoin Well Inc. (“Bitcoin Well”) (TSXV: BTCW), a technology company building and utilizing products that offer safe and easy ways to buy, sell and use Bitcoin, is pleased to announce a CDN$5.0 million secured convertible debenture (the “Convertible Debenture”) at a conversion price of $0.30 (the “Financing”).
Quick answer
Bitcoin Well raised $5 Million in a Convertible Note round, dated February 24, 2022. Bitcoin Well is based in Edmonton, Alberta, Canada.
- How much did Bitcoin Well raise?
- Bitcoin Well raised $5 Million in a Convertible Note round on February 24, 2022.
- What does Bitcoin Well do?
- Bitcoin Well is at the forefront of the financial revolution, bridging the gap between traditional banking convenience and the transformative power of Bitcoin.
- Where is Bitcoin Well based and how big is it?
- Bitcoin Well is based in Edmonton, Alberta, Canada. Fundz records about 24 employees.
- Who are the decision-makers at Bitcoin Well?
- Fundz holds 1 contact at Bitcoin Well. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Finance and Blockchain around the same time
Companies in the same sectors as Bitcoin Well that raised within 45 days of this round, from Fundz verified event records.
- Naver raised an undisclosed amount on February 15, 2022.
- Prometheum raised $15M (Funding Round) on March 23, 2022.
- T-Rex Group, Inc. raised $34M on February 1, 2022.
- T-Rex Group, Inc. raised $40M on January 26, 2022.
- BitMine Immersion Technologies raised $5.2M on April 5, 2022.
- HSBC raised an undisclosed amount (Debt Financing) on March 24, 2022.
Who to call at Bitcoin Well, and when
A new round usually means Bitcoin Well is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day Bitcoin Well raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Bitcoin Well, from your own LinkedIn network
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Fundz sees it the moment Bitcoin Well raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
Related People
Bitcoin Well raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
145 of these a day, filtered to the companies you pick, with the decision-maker attached.
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