Crypto ATMs to resurge once Bitcoin ‘FOMO’ hits full swing, says CEO

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Crypto ATMs to resurge once Bitcoin ‘FOMO’ hits full swing, says CEO
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Bitcoin ATM installs should come roaring back with the Bitcoin halving, says Bitcoin Depot CEO Brandon Mintz.

Crypto ATM installs declined in 2023, but a post-halving Bitcoin price growth spurt should see the space rebound, says Brandon Mintz.

“The adoption rate is really helpful because if more people are buying Bitcoin, then a portion of those are likely going to Bitcoin ATMs.”event slated for late April It also bought 900 ATMs to install in the first quarter of 2024 and has plans for 940 ATMs to go live in convenience stores in 24 United States states.to CoinATMRadar, the Bitcoin ATM operator shares the market with a small number of other operators. The runner-up rival operator Coinflip has just over half that with over 4,200, while Bitstop is third with over 2,500.

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