Bitcoin Depot, the leading Bitcoin ATM operator in the USA, announced that it will be listed on the world's technology exchange, Nasdaq.
Bitcoin Depot has recently acquired GSR II Meteora Acquisition Corp., which is listed on the Nasdaq. (GSRM) made a successful merger. After this merger, the companies became Bitcoin Depot Inc. merged under its name.
The combined company will be led by the existing Bitcoin Depot management team.
In the statements made, it was stated that Bitcoin Depot is expected to start trading on the Nasdaq on July 3, 2023, under the abbreviation symbols “BTM” and “BTMWW”.
Bitcoin Depot CEO and Founder Brandon Mintz made the following statements in his statement:
“The completion of the merger and our listing on the Nasdaq is an important milestone and incredibly proud moment for the entire Bitcoin Depot team.
Bitcoin Depot is well positioned with the largest market share in North America, and the additional capital from this transaction will help support our numerous growth opportunities as we advance our mission to safely bring Bitcoin to the masses.”
Gus Garcia, Co-CEO and Director of GSRM, said:
“We are excited to complete our business merger with Bitcoin Depot and support its growth strategy.
Bitcoin Depot has significant market share and continues to expand its footprint to provide greater access to the broader digital financial system.
We believe Bitcoin Depot is poised to continue its momentum to capitalize on the highly fragmented Bitcoin ATM market both at home and abroad.”