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Bitcoin Depot, a US fintech company and Bitcoin ATM operator Announced Intended to be listed on the Nasdaq Exchange. Additionally, the company has agreed to merge with its Nasdaq-listed SPAC company, He GSR II Meteora Acquisition Corp. (NASDAQ: GSRM). Combined enterprise value of $885 million.
As part of the transaction, Bitcoin ATMs will have access to $321 million in cash held in GSRM trust accounts for use as working capital. The transaction is expected to close by the first quarter of 2023. The new company will start trading on his NASDAQ exchange under the name Bitcoin Depot Inc.
We are always looking to expand our reach so that as many people as possible can access cryptocurrencies to manage their money and make financial transactions easier and simpler. Expanding BTM footprint across North America, forming strategic relationships with major retailers, and enhancing services to provide convenient access to cryptocurrencies, aiming to become a gateway to the digital asset economy that can be cashed into We are excited about the many opportunities for growth and our listing will allow us to scale and evolve our ability to achieve our goal of providing a convenient and secure way to buy cryptocurrencies. will be strengthened. Brandon Mintz, CEO and Founder of Bitcoin Depot.
GSRM Co-CEO and Director Gus Garcia commented: With his significant BTM footprint, key strategic relationships, and feature-rich mobile app, Bitcoin Depot is well-positioned to capitalize on his highly fragmented BTM market, both domestically and internationally. I’m sure.
Bitcoin Depot is a North American-based Bitcoin ATM operator that allows users to convert cash into cryptocurrencies such as Bitcoin, Ethereum and Litecoin. The company operates more than 7,000 of his ATMs in the United States and Canada.
GSR II Meteora Acquisition Corporation is a Special Purpose Acquisition Company (SPAC) that raises capital through IPOs and facilitates listings on exchanges. Proceeds will be invested in acquiring the target company or merging with an existing company. The Florida-based company will go public on the Nasdaq in February 2022, raising $316.25 million during its IPO.
Bitcoin Depot, a US fintech company and Bitcoin ATM operator Announced Intended to be listed on the Nasdaq Exchange. Additionally, the company has agreed to merge with its Nasdaq-listed SPAC company, He GSR II Meteora Acquisition Corp. (NASDAQ: GSRM). Combined enterprise value of $885 million.
As part of the transaction, Bitcoin ATMs will have access to $321 million in cash held in GSRM trust accounts for use as working capital. The transaction is expected to close by the first quarter of 2023. The new company will start trading on his NASDAQ exchange under the name Bitcoin Depot Inc.
We are always looking to expand our reach so that as many people as possible can access cryptocurrencies to manage their money and make financial transactions easier and simpler. Expanding BTM footprint across North America, forming strategic relationships with major retailers, and enhancing services to provide convenient access to cryptocurrencies, aiming to become a gateway to the digital asset economy that can be cashed into We are excited about the many opportunities for growth and our listing will allow us to scale and evolve our ability to achieve our goal of providing a convenient and secure way to buy cryptocurrencies. will be strengthened. Brandon Mintz, CEO and Founder of Bitcoin Depot.
GSRM Co-CEO and Director Gus Garcia commented: With his significant BTM footprint, key strategic relationships, and feature-rich mobile app, Bitcoin Depot is well-positioned to capitalize on his highly fragmented BTM market, both domestically and internationally. I’m sure.
Bitcoin Depot is a North American-based Bitcoin ATM operator that allows users to convert cash into cryptocurrencies such as Bitcoin, Ethereum and Litecoin. The company operates more than 7,000 of his ATMs in the United States and Canada.
GSR II Meteora Acquisition Corporation is a Special Purpose Acquisition Company (SPAC) that raises capital through IPOs and facilitates listings on exchanges. Proceeds will be invested in acquiring the target company or merging with an existing company. The Florida-based company will go public on the Nasdaq in February 2022, raising $316.25 million during its IPO.
