🚗 #GateSquareCommunityChallenge# Round 2 — Which coin is not listed on Gate Launchpad❓
Time to prove if you’re a true Gate veteran!
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🗓️ Deadline: October 8, 2025, 24:00 (UTC+8)
Bitcoin Well has launched a $100 million private sale to build a dual-track strategy for Bitcoin operations and the national treasury.
On September 30, Bitcoin Well, a company committed to providing non-custodial Bitcoin services and empowering users' financial independence, announced today the launch of a private sale with a scale of up 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 operating business with a large-scale Bitcoin treasury. As a stage progress, the company has completed the first round of delivery, issuing 122,471,380 shares and raising CAD 12,492,081 (including 37.31 Bitcoins, converted according to the CME CF Bitcoin reference price and the Canadian Central Bank's USD to CAD exchange rate on September 24, 2025). This round of financing has increased its Bitcoin treasury from 11 coins to over 75, a 700% surge.