Bitcoin Depot (NASDAQ: BTM) has acquired National Bitcoin ATM, adding over 500 self-service terminals across 27 U.S. states. This acquisition solidifies Bitcoin Depot's status as the largest Bitcoin ATM operator in North America, boosting its U.S. market share to approximately 30%.
CEO Brandon Mintz emphasized that the acquisition will enhance access to cryptocurrency from cash, leveraging the company's scale and compliance capabilities. The integration of these ATMs into Bitcoin Depot's network will proceed without service disruptions for existing customers.
Bitcoin Depot Expands with Acquisition of National Bitcoin ATM
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