Bitcoin Depot purchases 2,300 bitcoin ATMs

Bitcoin Depot, a U.S.-based bitcoin ATM operator, purchased approximately 2,300 bitcoin ATMs and plans to strategically deploy these kiosks as part of its ongoing expansion efforts throughout 2024 and beyond, according to a press release.

This purchase brings the total number of kiosks in Bitcoin Depot's fleet to more than 10,000 kiosks. This expansion helps the company meet the growing demand from retailers for its bitcoin ATMs.

"This purchase will expand our fleet to over 10,000 kiosks and provides a cost-efficient opportunity to continue our expansion this year and further grow our industry-leading market share," Brandon Mintz, Bitcoin Depot CEO, said in the press release.