Announced
Financials
Tags
United States
Majority
cryptocurrency exchange platform
Reverse Takeover
fintech company
Single Bidder
Friendly
Merger
De-SPAC
Domestic
FinTech
Acquisition
Private
Pending
Synopsis
Bitcoin Depot, a bitcoin ATM operator and fintech company, agreed to go public via a SPAC merger with GSR II Meteora Acquisition in a $755m deal. "We are incredibly excited to partner with Bitcoin Depot to help drive its progress and support its mission to connect those who prefer to use cash to the broader, digital financial system. With its significant BTM footprint, key strategic relationships, and feature-rich mobile app, we believe Bitcoin Depot is well positioned to take advantage of the highly fragmented BTM market both domestically and overseas," Gus Garcia, GSRM Co-CEO and Director.
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