Bitcoin Well Inc. Recognized as One of Canada’s Top Growing Companies in the Globe and Mail’s Third-Annual Business Ranking
September 27 2021 - 7:00AM
Bitcoin Well Inc. (TSXV: BTCW) (“Bitcoin Well” or the “Company”) is
pleased to announce that we have placed in the top half of
recognized companies listed in the Globe and Mail’s 2021 Report on
Business ranking of Canada’s Top Growing Companies, placing number
172 out of 448 total companies.
This prestigious acknowledgement of Canada’s Top
Growing Companies ranks Canadian businesses on their three-year
revenue growth, and our spot was secured based on our three-year
revenue growth totaling 254%.
“It is truly an honour to be included among the
upper half of Canada’s Top Growing Companies for 2021. The
continued year-over-year growth that Bitcoin Well has experienced
is a true testament to the hard work of our team and the increasing
adoption and understanding of bitcoin in Canada,” said Adam
O’Brien, Founder and CEO of Bitcoin Well. “Today, you can find us
in almost every major Canadian city with nearly 200 ATMs
nationwide, and a suite of easy-to-use online services that are
designed to make bitcoin accessible and understood by the masses.
We are also very proud that in July of 2021, we became the first
publicly traded bitcoin ATM company in the world1, listed on the
TSX Venture Exchange (“TSXV”). We continue to execute an accretive
growth strategy with recent notable acquisitions of ATM operators
including Crypto Kiosk in northern Ontario and Enterprises
Equibytes in Quebec, along with bringing new technology solutions
in-house through the acquisition of bitcoin focused software
developer, Ghostlab. We look forward to building on this momentum
in the years to come.”
Launched in 2019, Canada’s Top Growing
Companies’ editorial ranking aims to celebrate entrepreneurial
achievement in Canada by identifying and amplifying the success of
growth-minded, independent businesses in Canada. It is a voluntary
program that sees companies complete an in-depth application
process in order to qualify. In total, 448 companies earned a spot
on this year’s ranking and we are very proud to have secured the
172nd spot. The full list of 2021 winners, and accompanying
editorial coverage, is published in the October issue of Report on
Business magazine which is out now and available online.
“As we look toward the future, Canada’s Top
Growing Companies offer both inspiration and practical insights for
other firms facing similar challenges,” says James Cowan, Editor of
Report on Business magazine. “The entrepreneurs behind these
companies are smart, tenacious and unwavering in their commitment
to their goals.”
“Any business leader seeking inspiration should
look no further than the 448 businesses on this year’s Report on
Business ranking of Canada’s Top Growing Companies,” says Phillip
Crawley, Publisher and CEO of The Globe and Mail. “Their growth
helps to make Canada a better place, and we are proud to bring
their stories to our readers.”
About The Globe and Mail
The Globe and Mail is Canada’s foremost news
media company, leading the national discussion and causing policy
change through brave and independent journalism since 1844. With
award-winning coverage of business, politics and national affairs,
The Globe and Mail newspaper reaches 6.4 million readers every week
in print or digital formats, and Report on Business magazine
reaches 2 million readers in print and digital every issue. The
Globe and Mail’s investment in innovative data science means that
as the world continues to change, so does The Globe. The Globe and
Mail is owned by Woodbridge, the investment arm of the Thomson
family.
About Bitcoin Well
Bitcoin Well offers convenient, secure and
reliable ways to buy and sell bitcoin through a trusted Bitcoin ATM
network and suite of web-based transaction services. The Company
generates revenue and based on management’s assessment of
publicly-available data, is the first publicly traded Bitcoin ATM
company in the world, with an enterprising consolidation strategy
to deliver accretive and cost-effective expansion in North America
and globally. As leaders of the longest-running, founder-led
Bitcoin ATM company in Canada, management of Bitcoin Well brings
deep operational capabilities that span the entire value chain
along with access to proprietary, cutting-edge software development
that supports further expansion. Sign up for our newsletter and
follow us on LinkedIn, Twitter, YouTube, Facebook, and Instagram to
keep up to date with our business.
1 Based on management’s assessment of publicly
available data.
Contact InformationFor investor
information, please contact:
Bitcoin Well10142 82 Avenue NW
Edmonton, AB T6E 1Z4bitcoinwell.com
Adam O’Brien, President &
CEO or Dave Bradley, Chief Revenue Officer Tel: 1
888 711 3866 ir@bitcoinwell.com
For media queries and further information,
please contact: Karen Smola, Director of Marketing
Tel: 587-735-1570 k.smola@bitcoinwell.com
Photos accompanying this announcement are available at
https://www.globenewswire.com/NewsRoom/AttachmentNg/ff9d09f6-fb5f-4747-a4ba-9a1f12f164ce
https://www.globenewswire.com/NewsRoom/AttachmentNg/1d7d6d17-97d9-4ebc-a044-a77d7ab61a6e
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