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Bitcoin Depot Expands BTM Network Through Partnership with Prominent Texas Convenience Store Chain
BTMBitcoin Depot (BTM) GlobeNewswire·2025-01-08 13:00

Core Viewpoint - Bitcoin Depot Inc. is expanding its presence by deploying 50 additional Bitcoin ATMs in partnership with a convenience store operator in the Texas Panhandle, enhancing access to Bitcoin for local communities [1][2]. Company Overview - Bitcoin Depot Inc. is a leading Bitcoin ATM operator in North America, founded in 2016, with a mission to connect cash users to the digital financial system [4]. - As of December 5, 2024, the company operates approximately 8,486 kiosk locations across 48 states, holding the largest market share in North America [4]. Recent Developments - The partnership aims to meet the growing demand for convenient cryptocurrency access, particularly in high-traffic retail locations [2]. - Bitcoin Depot has achieved significant milestones, including exceeding its goal of deploying over 8,000 Bitcoin ATMs five months ahead of schedule and expanding its BDCheckout Program to six new states, as well as entering markets in Australia and Puerto Rico [2]. User Experience - Bitcoin Depot ATMs are designed for a seamless user experience, allowing customers to quickly convert cash into Bitcoin for various financial activities such as payments, transfers, remittances, and investments [3].