• Bitcoin Depot is set to become a publicly-traded company on the Nasdaq under ticker symbol BTM.
  • The bitcoin ATM firm currently operates over 7,000 ATMs across the U.S.
  • The company will list through a SPAC deal worth $855 million with GSRM.

Bitcoin Depot, the world’s largest provider of bitcoin ATMs according to data from Coin ATM Radar, will go public on the Nasdaq through an $885 million deal with a special-purpose acquisition company (SPAC), according to a Thursday press release.

Bitcoin Depot currently boasts a fleet of over 7,000 ATMs across North America which allow customers to conveniently convert fiat into bitcoin and other cryptocurrencies.

Source link


Leave a Reply

Your email address will not be published. Required fields are marked *