Bitcoin Well, a Canadian-listed BTC ATM service provider, plans to raise $100 million in a private placement to increase its Bitcoin holdings.

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PANews reported on September 30 that according to BitcoinTreasuries.NET, Canada's first publicly listed BTC ATM service provider, Bitcoin Well (stock code: BTCW), announced that it has raised $100 million through a private placement to expand the company's Bitcoin reserves.

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