Bitcoin Depot announced the launch date on the Nasdaq crypto exchange

Bitcoin Depot is the ATM operator for the first cryptocurrency. The other day, he announced that the merger agreement with Meteora has been completed.

What is known about the deal

GSR II Meteora Asquisition is a company that specializes in targeted mergers and acquisitions. She made a deal with Bitcoin Depot. The amount was $885 million. It will be renamed Bitcoin Depot.Inc. The management will be left.

At the same time, shares with public warrants under the corresponding numbers BTM and BTMWW will be sold on the Nasdaq cryptocurrency exchange starting today.

The head of the company said that they have positive positions. At the same time, they have the largest share of the crypto market in North America. At the same time, the funds from the merger will contribute to the further continuation of growth, ensuring the spread of digital gold in society, while maintaining security and reliability.

Recall that the operator was founded in 2016. According to the Coin ATM Radar website, it now has more than 6350 devices worldwide. The share is 17.6% of the total amount of ATMs with the first currency. At the same time, there are more than 6150 devices located in the USA alone.

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