Brief: Bitcoin Well provides outlook for 2022 and announces grant of stock options

Bitcoin Well

15/08/2022 13:44

Aug 15 (Reuters) - Bitcoin Well Inc  BTCW.V :
    * BITCOIN WELL PROVIDES AN UPDATE ON ITS OUTLOOK FOR 2022
AND
ANNOUNCES GRANT OF STOCK OPTIONS
    * BITCOIN WELL INC - UNDERTAKEN A THOROUGH REVIEW OF ITS
FINANCIAL
FORECAST FOR 2022 AND 2023
    * BITCOIN WELL INC - OVERALL, REVENUES ARE EXPECTED TO
REMAIN
STRONG IN 2022
    * BITCOIN WELL INC - IN Q2 OF 2022, BEGAN TO STREAMLINE
OPERATIONS
    * BITCOIN WELL INC - TO DATE IN 2022, HAVE PUT INTO EFFECT
COST
SAVINGS THROUGH 65% REDUCTION OF EMPLOYEES COMPARED TO YEAR-END
2021
    * BITCOIN WELL - ORGANIZATION-WIDE COST SAVING ACTIONS IN Q2
OF
2022 ARE EXPECTED TO BEGIN GENERATING TANGIBLE FINANCIAL
IMPROVEMENTS IMMEDIATELY

Source text for Eikon:  ID:nGNX66vQG0 
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