Bitcoin Depot announced that Bitcoin surpassed its all-time price peak of $100,000 on December 5, 2024, reflecting growing global confidence in Bitcoin as a financial asset. CEO Brandon Mintz stated this milestone demonstrates Bitcoin's resilience and expanding role in the financial ecosystem. The company emphasized its commitment to providing secure, user-friendly access points for cash-to-crypto conversions.
The company highlighted 2024 as a defining period for the crypto industry, marked by the U.S. SEC's approval of the first Bitcoin spot ETFs and continued institutional adoption. These advancements, coupled with increased regulatory clarity and rising global interest, underscore cryptocurrency's expanding role in finance. Bitcoin Depot positions itself as a key player in facilitating this adoption.
Bitcoin Depot, with approximately 8,486 Bitcoin ATM kiosks deployed across North America and Puerto Rico as of December 5, 2024, has expanded its BDCheckout Program to six new states and introduced strategic retail partnerships. COO Scott Buchanan noted that Bitcoin's momentum is driving new users to BTMs for secure and convenient access.
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