Bitcoin Depot (NASDAQ: BTM) has launched operations in Hong Kong, marking its first foray into the Asian market. This expansion positions the company among the top five cryptocurrency operators in the region. Scott Buchanan, President and COO, emphasized Hong Kong's robust regulatory framework and increasing demand for cryptocurrency services as key factors in the decision. The move aligns with Bitcoin Depot's 2025 growth strategy, which focuses on expanding retail partnerships and enhancing compliance measures. The company currently operates over 9,000 self-service kiosks that facilitate cash-to-bitcoin transactions.