Bitcoin Depot (NASDAQ: BTM), a U.S.-based Bitcoin ATM operator has announced the acquisition of an additional 11.1 BTC as part of its ongoing treasury strategy, initially revealed in June 2024. This latest purchase follows the company’s recent acquisition of 51 bitcoin earlier this month, elevating its total treasury holdings to 82.6 BTC. CEO Brandon Mintz emphasized the company’s commitment to Bitcoin, stating, “Adopting Bitcoin as part of our treasury strategy underscores our long-standing belief in Bitcoin as a significant financial asset and a store of value.” He further highlighted Bitcoin Depot’s mission to provide accessible bitcoin solutions, reaffirming confidence in the cryptocurrency’s growth potential.
ATM Operator Bitcoin Depot Expands Treasury Holdings With Additional BTC Purchase
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