Bitcoin Well Inc. at its 2022 annual general meeting of shareholders held on June 16, 2022 appointed Mitchell Demeter and Terry Rhode as directors. Mitchell Demeter is the Founder, President, and Chief Executive Officer of Madali Ventures. Previously, he was the President of Netcoins Inc., a Canadian online cryptocurrency brokerage wholly owned by BIGG Digital Assets in which he also sat on the Board of Directors.

He is a serial entrepreneur with a ?range of experience in blockchain, exchanges, and currency trading. He brought the world its first Bitcoin ATM in 2013 to Vancouver, BC. He currently sits on the Board of Neptune Digital Assets and advises several other cryptocurrency and fintech businesses including Secure Digital Markets and Inetco Systems Limited.

Terry Rhode was one of Rosenau Transport's longest-serving employees and a partial owner. Before starting with Rosenau Transport in 1998, he was a management consultant and advised various businesses on ways to streamline their operations and has returned to that role at a board level. He is well-versed in every aspect of administration including: accounting and IT, operations, change management, project management, sales and pricing.

Terry's final role at Rosenau Transport was Vice President of Corporate Development and Chairman of the board for the Rosenau group of companies.