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Bitcoin Depot Partners with Wild Bill’s Tobacco for Multi-Store Pilot, Eyeing Wider Midwest Expansion
Globenewswire· 2025-11-19 13:00
Core Insights - Bitcoin Depot has initiated a retail partnership with Wild Bill's Tobacco, starting with a pilot installation of 10 kiosks, with plans for future expansion across over 250 locations [1][2][3] Company Overview - Bitcoin Depot is a leading Bitcoin ATM operator in the U.S., founded in 2016, with a mission to connect cash users to the digital financial system [5] - The company operates over 9,000 kiosk locations across 47 states, holding the largest market share in North America as of August 2025 [5] Partnership Details - The collaboration with Wild Bill's Tobacco aims to provide customers with easy access to Bitcoin while shopping, enhancing the customer experience [2][3] - Wild Bill's Tobacco, established in 1994, is the second largest tobacco retailer in the U.S. and has a strong presence in the Midwest with over 240 locations [6] Strategic Growth - The partnership is part of Bitcoin Depot's broader growth strategy, which includes multiple retail partnerships, asset acquisitions, and an enhanced compliance program in 2025 [3] - Bitcoin Depot has also expanded its operations into Hong Kong, indicating a strategic push into international markets [3]