- Bitcoin Depot is planning a new expansion.
- The development is part of the company’s plan to build a robust pipeline of retail partners.
- It follows a recent partnership that deployed nearly 1,000 Bitcoin ATMs.
Bitcoin ATM operator Bitcoin Depot has announced a strategic expansion into the U.S. South through a new partnership with a leading operator of convenience stores.
Bitcoin Depot is the largest cryptocurrency kiosk provider, with over 6,000 Bitcoin ATMs across North America. Thanks to this success, the company’s CEO, Brandon Mintz, was featured on Forbes’ 13th annual Under 30 List for the Class of 2024.
Bitcoin Depot Expands to Additional 63 Stores
According to a press release dated February 7, Bitcoin Depot has partnered with a convenience store operator to expand its retail footprint with an additional 63 stores across multiple metropolitan areas.
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“This expansion aligns with our commitment to bringing Bitcoin to the masses,” Mintz stated. “Our goal is to bring easy and convenient crypto access to a plethora of communities while creating unmatched value for our retail partners and welcoming new customers.”
With the partnership, customers across the South can purchase Bitcoin conveniently at “accessible C-store locations where a variety of additional amenities are available.”
The company’s Bitcoin ATMs will now be available in 20 states, including Alabama, Arizona, Florida, Georgia, Michigan, North Carolina, Mississippi, Ohio, Pennsylvania, Texas, Virginia, and West Virginia.
The development augments Bitcoin Depot’s expansion plan, which focuses on building a robust pipeline of retail partners to foster mainstream crypto adoption. It follows the company’s recent partnership that included a deployment of nearly 1,000 Bitcoin ATMs nationally.
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