Core Viewpoint - Bitcoin Depot has reaffirmed its commitment to Bitcoin as a significant financial asset by increasing its treasury holdings to 82.6 BTC through recent purchases [1][2]. Company Overview - Bitcoin Depot, founded in 2016, operates as a Bitcoin ATM provider and aims to connect cash users to the digital financial system [2]. - The company has the largest market share in North America, with over 8,400 kiosk locations across 48 states as of February 25, 2025 [2]. Treasury Strategy - The company purchased an additional 11.1 Bitcoin, following a previous acquisition of 51 Bitcoin, as part of its treasury strategy initiated in June of the previous year [1]. - This strategy reflects the company's belief in Bitcoin's potential for growth and its role as a store of value [2].
Bitcoin Depot Adds Another 11 BTC to its Treasury