Cryptocurrency News

Crypto ATM firm Bitcoin Depot aims to go public in 2023 via $885M SPAC deal

08/26/2022

Less than a minute

2022.08.26 15:01

Crypto ATM firm Bitcoin Depot aims to go public in 2023 via $885M SPAC deal

Bitcoin Depot, a major cryptocurrency ATM provider in the United States, is planning to go public through a merger with a special-purpose acquisition company (SPAC).

Atlanta-based Bitcoin Depot has reached a definitive agreement to merge with the SPAC GSR II Meteora (GSRM) in an $885 million deal to go public, the firm officially announced on Thursday.

08/26/2022

Less than a minute

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