Bitcoin ATM Operator Bitcoin Depot Announces Expansion Deal with Large Convenience Store Operator
07 Februar 2024 - 2:30PM
Bitcoin Depot Inc. (“Bitcoin Depot” or the “Company”) (NASDAQ:
BTM), a U.S.-based Bitcoin ATM operator and leading fintech
company, today announced a retail partnership with a leading
operator of convenience stores in the U.S.
Bitcoin Depot plans to install its BTMs in an additional 63
stores across multiple metropolitan areas, strengthening Bitcoin
Depot’s retail footprint. This partnership augments Bitcoin Depot's
comprehensive growth plan, which focuses on increasing its BTM
network and continuing to build a robust pipeline of major regional
and national retail partners. Last month, the Company announced an
additional partnership that includes a deployment of nearly 1,000
BTMs nationally.
“This expansion aligns with our commitment to bringing Bitcoin
to the masses,” said Bitcoin Depot CEO Brandon Mintz. “Our goal is
to bring easy and convenient crypto access to a plethora of
communities while creating unmatched value for our retail partners
and welcoming new customers."
This expansion allows Bitcoin Depot customers to purchase
Bitcoin in easy and accessible c-store locations across the South
where a variety of additional amenities are available. As part
of the partnership, additional Bitcoin Depot's kiosks will now be
available in the following states including Alabama, Arkansas,
Arizona, Florida, Georgia, Illinois, Kansas, Kentucky, Louisiana,
Maine, Michigan, North Carolina, Mississippi, Ohio, Pennsylvania,
South Carolina, Tennessee, Texas, Virginia, and West Virginia.
Bitcoin Depot’s products and services provide an intuitive,
quick, and convenient process for converting cash into Bitcoin,
giving users the ability to access the broader digital financial
system by conveniently purchasing Bitcoin at Bitcoin ATMs in 48
states. In addition to Bitcoin ATMs, Bitcoin Depot also has
BDCheckout enabled for customers to fund their wallets with cash at
participating retail locations in 28 states nationwide.
About Bitcoin Depot Bitcoin Depot Inc.
(Nasdaq: BTM) was founded in 2016 with the mission to connect those
who prefer to use cash to the broader, digital financial system.
Bitcoin Depot provides its users with simple, efficient and
intuitive means of converting cash into Bitcoin, which users can
deploy in the payments, spending and investing space. Users can
convert cash to bitcoin at Bitcoin Depot kiosks in 48 states and at
thousands of name-brand retail locations in 29 states through its
BDCheckout product. The Company has the largest market share in
North America with approximately 6,400 kiosk locations as of
September 30, 2023. Learn more at www.bitcoindepot.com
Contacts:
InvestorsCody Slach, Alex KovtunGateway
Group949-574-3860btm@gateway-grp.com
MediaChristina Lockwood, Brenlyn Motlagh, Ryan
DeloneyGateway Group949-574-3860btm@gateway-grp.com
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