bitcoin depot – DIGIT INFO

US lawmakers urge top crypto ATM operators to tackle fraud

DIGIT — Mon, 16 Sep 2024 06:03:12 +0000

Seven Democratic US Senators have sent letters to ten of the country’s biggest Bitcoin ATM operators urging them to address fraud against elderly Americans.

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Lawmakers Call on Top 10 Bitcoin ATM Firms to Address Crypto Fraud Concerns

DIGIT — Sat, 14 Sep 2024 22:30:38 +0000

Seven Senate Democrats have called on the 10 largest bitcoin ATM operators in the U.S. to address growing crypto fraud that targets elderly Americans. The lawmakers explained that scammers are reportedly exploiting the anonymity of cryptocurrency transactions to steal from seniors through bitcoin ATMs. The senators urged companies to implement stronger measures to combat the […]

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Leading BTM Operator, Bitcoin Depot, Will Add Bitcoin to Its Treasury Reserves

DIGIT — Fri, 19 Jul 2024 17:30:01 +0000

Bitcoin Depot, a company that operates more than 7,400 bitcoin ATMs in the U.S., has announced that it will allocate part of its cash reserves to build a bitcoin treasury, following the footsteps of companies like Microstrategy. According to its CEO, Brandon Mintz, this move will allow company shareholders to “benefit from future BTC appreciation.” […]

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Number of crypto ATMs installed nears its all-time record

DIGIT — Sun, 30 Jun 2024 05:43:36 +0000

The net 2,564 cryptocurrency ATMs installed so far in 2024 is on track to outpace the net 2,861 machines that were unplugged in 2023.

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Crypto ATM Installations Rise in 2024, Adding 2,564 New Machines Globally

DIGIT — Sun, 30 Jun 2024 02:28:55 +0000

In June, the number of cryptocurrency automated teller machines (ATMs) saw a slight decline, yet 377 new ATMs were installed during the month. Since January 2024, data shows a total of 2,564 crypto ATMs have been deployed globally. 2024 Sees Steady Rise in Crypto ATMs Despite June Dip At the end of 2022, there was […]

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Bitcoin Depot Q2 revenue jumps 18% y/y as it plans ATM adds after NASDAQ listing

DIGIT — Tue, 15 Aug 2023 10:00:10 +0000

Bitcoin Depot records $197.5 million in revenue in the second quarter for 2023 spurred on by partnerships with various American retail stores.

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Bitcoin Depot says SPAC merger will continue as planned after solid revenue growth

DIGIT — Thu, 01 Dec 2022 19:30:00 +0000

The firm’s revenue increased by 25.25% to $497.2 million in the first nine months of 2022.

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World’s Largest Crypto ATM Company Bitcoin Depot to Go Public via SPAC Deal

DIGIT — Thu, 25 Aug 2022 19:30:57 +0000

The largest cryptocurrency automated teller machine (ATM) operator, Bitcoin Depot, has revealed it has plans to go public via a special purpose acquisition company (SPAC) deal. The $885 million acquisition deal with GSR II Meteora (GSRM) will make Bitcoin Depot a publicly-traded company listed on Nasdaq. Bitcoin Depot Reveals SPAC Deal With GSRM, Post-Transaction BTM […]

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Crypto ATM firm Bitcoin Depot aims to go public in 2023 via $885M SPAC deal

DIGIT — Thu, 25 Aug 2022 12:54:01 +0000

One of the largest crypto ATM providers in North America, Bitcoin Depot, plans to list its stock on Nasdaq in the first quarter of 2023.

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The Number of Cryptocurrency ATMs Installed Worldwide Surpasses 39,000

DIGIT — Mon, 08 Aug 2022 05:30:25 +0000

This week the number of cryptocurrency automated teller machines (ATMs) operating worldwide has surpassed the 39,000 mark. Since January 2017 when the count was approaching 1K machines, the number of crypto ATMs has grown by 3,925% since then. Crypto ATM numbers saw exponential growth during the last 23 months since September 1, 2020, when there […]

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