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TechFlow news, according to CoinDesk, cryptocurrency ATM operator Bitcoin Depot has gone public on the Nasdaq through a merger with SPAC company GSR II Meteora, trading under the ticker "BTM." BTM shares surged to $6.60 in pre-market trading before retreating to around $3.40.
Coin ATM Radar data shows that Bitcoin Depot operates over 6,000 such machines, accounting for 20% of the U.S. ATM market share and 17.6% of the global market share.
Cryptocurrency ATM operator Bitcoin Depot has gone public on Nasdaq through a merger with SPAC company GSR II Meteora, trading under the ticker "BTM." BTM shares rose as high as $6.60 in pre-market trading before pulling back to around $3.40. According to Coin ATM Radar data, Bitcoin Depot operates more than 6,000 such machines, accounting for 20% of the U.S. ATM market share and 17.6% of the global market share.
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