Bitcoin Depot to Go Public via $885 Million Merger Deal | Crypto

Bitcoin Depot to Go Public via $885 Million Merger Deal

– Bitcoin Depot, a large crypto ATM provider in North America, is planning to go public through a merger with a SPAC.
– The merger is valued at $885 million.
– The combined entity will be listed on NASDAQ with the ticker symbol BTM.
– Bitcoin Depot will have access to $320 million from GSR II Meteora for its growth.
– The merger is projected to be completed by the second quarter of 2023.
– Brandon Mintz, the CEO of Bitcoin Depot, commented on the company’s growth despite the current crypto bear market conditions.

img 192781 shutterstock 1986380078 sm Bitcoin Depot to Go Public via $885 Million Merger Deal

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