Core Viewpoint - Bitcoin Depot has purchased additional Bitcoin, bringing its total holdings to over 100 BTC as part of its long-term growth strategy, reinforcing its belief in Bitcoin as a strategic asset and store of value [1][2][3] Company Strategy - The recent purchase follows earlier acquisitions of 51 and 11 BTC in February 2025, indicating a consistent strategy to expand its treasury [2] - CEO Brandon Mintz emphasized that Bitcoin is a foundational piece of the company's long-term growth strategy, aligning with the evolving digital asset landscape [3] Market Position - Bitcoin Depot operates the largest Bitcoin ATM network in North America, with over 8,500 locations, and has recently acquired assets from regional operator Pelicoin to strengthen its market leadership [4] - The company is committed to enabling access to Bitcoin and expanding its international footprint [3][4] Industry Context - The announcement comes amid significant momentum in the Bitcoin market in 2025, characterized by policy clarity, growing institutional demand, and a recent all-time price high exceeding $111,000 [3]
Bitcoin Depot Adds to Bitcoin Treasury Holdings Amid Continued Market Momentum