Bitcoin ATM operator CoinFlip considers sale, targeting a valuation of $1 billion

ChainCatcher news, according to Bloomberg, the global Bitcoin ATM network operator CoinFlip is considering selling the company and has hired financial advisors to seek buyers.

According to insiders, the company's target valuation is at least $1 billion, but it is uncertain whether this can be achieved. CoinFlip was founded in 2015 and currently operates over 5,500 cryptocurrency ATMs in the United States, Australia, New Zealand, South Africa, and other locations.