#BTC news updte :
Bitcoin Depot, the largest #crypto ATM provider in the United States, listed on #Nasdaq on July 3, 2023. The company's ticker symbol is "BTM."
The listing was made possible through a merger with special purpose acquisition company (SPAC) GSR II Meteora Acquisition Corp. The deal valued Bitcoin Depot at $885 million.
$BTC Depot has over 7,000 ATMs in 47 states and nine Canadian provinces. The company's ATMs allow users to buy and sell Bitcoin, Ethereum, and Litecoin with cash.
The listing on Nasdaq is a major milestone for Bitcoin Depot. It will give the company access to a wider pool of investors and capital. This will help Bitcoin Depot to expand its operations and reach new markets.
