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Bitcoin Well has launched a $100 million private sale to establish a dual-track strategy for Bitcoin operations and treasury.
According to BlockBeats news, on September 30, Bitcoin Well, a company dedicated to providing non-custodial Bitcoin services and empowering users' financial independence, announced the launch of a private sale issuance amounting to $100 million (or 5,000 Bitcoins). This issuance is intended to be completed in one or more phases, aiming to establish the company as an industry leader that integrates Bitcoin operational business with a large-scale Bitcoin treasury. As a milestone, the company has completed its first round of delivery, issuing 122,471,380 shares and raising CAD 12,492,081 (including 37.31 Bitcoins, calculated based on the CME CF Bitcoin reference price on September 24, 2025, and the Canadian Central Bank's USD to CAD exchange rate on that day). This round of financing has increased its Bitcoin treasury from 11 coins by 700% to over 75 coins.