Bitcoin Depot Adds Another 11 BTC to its Treasury
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Feb 25 2025
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Source: Globenewswire
Bitcoin Depot's Treasury Strategy: Bitcoin Depot has purchased an additional 11.1 Bitcoin, increasing its total treasury holdings to 82.6 BTC, as part of its strategy to adopt Bitcoin as a significant financial asset.
Company Overview: Founded in 2016, Bitcoin Depot operates over 8,400 kiosks across 48 states, providing users with easy access to convert cash into Bitcoin, reinforcing its position as a leading Bitcoin ATM operator in North America.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
