Technology/Services

Bitcoin Depot Deploys 7,000th Cryptocurrency ATM

Deal with Circle K helped drive mainstream expansion

ATLANTA — Cryptocurrency ATM operator Bitcoin Depot has deployed its 7,000th Bitcoin ATM in the United States and Canada.

“It’s no doubt the crypto market has captured mainstream interest, and the demand from consumers and retail industry giants continues to grow,” said Brandon Mintz, president and CEO of Bitcoin Depot. “This gives us a greater opportunity to expose Bitcoin Depot ATMs to individuals seeking convenient access to alternative financial services and cryptocurrency.”

Last year, Bitcoin Depot launched an exclusive partnership with convenience and fuel retailer Circle K—the convenience-store brand of Alimentation Couche-Tard Inc., Laval, Quebec—which continued Bitcoin ATM expansion into the mainstream market. Bitcoin Depot’s growing North America footprint demonstrates the rising popularity of cryptocurrency and its position as a trusted network that offers secure, convenient and fast digital asset transactions, the company said.

Atlanta-based Bitcoin Depot was founded in 2016. The company’s mission is to provide the most secure, convenient and fastest cryptocurrency transactions, it said, and its tagline is “bringing cryptocurrency to the masses.” Through its network of 7,000 cryptocurrency ATMs, Bitcoin Depot enables users to buy Bitcoin, Litecoin, and Ethereum instantly.

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