Bitcoin Depot set to go public at an $885 million valuation: WSJ

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ICYMI: Bitcoin Depot set to go public at an $885 million valuation: WSJ

Atlanta-based crypto ATM company Bitcoin Depot has struck a deal with a special acquisition company that should see it go public at an $885 million valuation.

Bitcoin Depot, an Atlanta-based crypto ATM company, is set to go public via a special acquisition vehicle at an $885 million valuation, according to aFounded in 2016, Bitcoin Depot claims to be the largest provider of such ATMs in North America with more than 7,000 kiosks in the region. These ATMs function by connecting with a wallet and, after a verification process, allow the user to insert fiat money to receive BTC, LTC or ETH in their wallets.

 

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Good to see regulators don't give a damn. This company started in 2016 as a series of old defunct vending machine and tech companies that were used to get bank accounts under misguided direction. Their customers, well only the best elder scams and carders will do. What a joke.

why nbodyyy talkk about this

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