Bitcoin Depot has strengthened its Bitcoin reserves with an 11.1 BTC acquisition, continuing its treasury strategy that began in June 2024 as the company views Bitcoin as a hedge against financial instability.
Bitcoin Depot’s decision to keep BTC exposure minimal aligns with its broader vision for expansion and market dominance.
Valued at about $127.69 million, Bitcoin Depot has more than 6,400 ATM outlets in North America, accounting for 20 percent market share.
The merger, which was first reported in August 2022 and cost around $885 million, was approved by the GSR II Meteora shareholders. It will allow investors buy Bitcoin Depot shares on the Nasdaq stock exchange from today, July 3.
North America’s largest Bitcoin operator Bitcoin Depot revealed plans to complete its SPAC deal amid a bearish crypto market.
According to Chief Executive of Bitcoin Depot, Brandon Mintz, the firm made record sales and earnings in the second quarter.
Bitcoin Depot is going to widen its Bitcoin ATM network within the United States to offer people the easiest and the most convenient way to deal with cryptocurrencies.
As Bitcoin ATMs are not usually listed on Google Maps, you would need to use other tools to locate them. Let us now have a look at some of the available tools to finds the nearest Bitcoin and Cryptocurrency ATMs.
Cryptocurrency ATM service Bitcoin Depot has launched an affiliate program for its leading multi-cryptocurrency ATM network, which represents an excellent passive income opportunity for crypto enthusiasts and social influencers