Crypto #ATM Company To Go Public After Announcing Merger.
Following the successful completion of a merger deal, Bitcoin Depot, a prominent cryptocurrency ATM provider in the United States, has announced its intentions to go public.
On June 30, investors authorised the merger, which was enabled by #fintech company #GSR II Meteora Acquisition Corporation.
The $885 million transaction, which was announced in August 2022, is anticipated to give investors access to Bitcoin Depot on the #Nasdaq market starting on July 3.
The merger, according to Bitcoin Depot's founder and CEO Brandon Mintz, is intended to support numerous growth opportunities and promote the wider acceptance of Bitcoin (BTC) in North America.