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Crypto

Bitcoin Depot Is Expanding Bitcoin ATMs Across America

January 22, 2024
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x min read
Bitcoin Depot Is Expanding Bitcoin ATMs Across America

The largest Bitcoin ATM operator in the United States is making new moves to expand their operations.

‍What’s happening:‍

  • Bitcoin Depot (NASDAQ: BTM) has announced a new order to purchase 500 more Bitcoin ATMs to be deployed across the United States

By the numbers:‍

  • Bitcoin Depot currently has a presence in 48 states in the US and 10 provinces in Caanda
  • Bitcoin Depot has more than 6,000 operating Bitcoin ATMs within North America
  • Over 3M individual transactions have been successfully completed by Bitcoin Depot

Why it matters:‍

  • Expanding the accessibility of Bitcoin ATMs is an important part of accelerating digital asset ownership by simplifying the process of converting fiat into Bitcoin
  • Bitcoin Depot is the first ever company exclusively focused on Bitcoin ATMs to ever go public on a major US stock exchange

Going deeper:‍

‍

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