Cryptocurrency ATM operator Bitcoin Depot goes public on Nasdaq

ChainCatcher news, according to CoinDesk, cryptocurrency ATM operator Bitcoin Depot has gone public on Nasdaq through a merger with SPAC company GSR II Meteora, trading under the ticker "BTM". The BTM stock price rose to $6.60 in pre-market trading, before falling back to $3.39.

According to data from Coin ATM Radar, Bitcoin Depot operates over 6,000 of these machines, accounting for 20% of the U.S. ATM market share and 17.6% of the global market share. (source link)