Crypto ATM Operator Bitcoin Depot to List on Nasdaq in $885M SPAC Deal

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Crypto ATM Operator Bitcoin Depot to List on Nasdaq in $885M SPAC Deal
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Bitcoin ATM operator Bitcoin_Depot plans to go public on Nasdaq with an estimated value of $885 million through a merger with special purpose acquisition company GSR II Meteora. By JamieCrawleyCD

Bitcoin Depot, the world's largest operator of crypto ATMs, plans to go public with a listing on Nasdaq by merging with special purpose acquisition company GSR II Meteora at an estimated value of $885 million, according to a statement shared with CoinDesk.The ATMs enable users toand wire the tokens directly to a wallet of their choice without going through a crypto exchange.

Atlanta-based Bitcoin Depot says it has a network of over 7,000 locations across the U.S. and Canada, giving it a global market share of 19.1% according to data fromMergers with SPACs have been

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