ATLANTA, Dec. 23, 2021 /PRNewswire/ — In 2021, the cryptocurrency market captured mainstream curiosity and noticed skyrocketing demand from shoppers and retailers. The crypto ATM business was no totally different. The variety of international ATMs grew by 155% and greater than doubled within the U.S. to 27,000. As the world’s largest and quickest rising cryptocurrency ATM firm, Bitcoin Depot was on the forefront of this explosive development. Today Bitcoin Depot displays on one of many firm’s quickest rising years but, together with the information, milestones and developments and a better have a look at what 2022 might convey.
The growing significance of Bitcoin has resulted in an thrilling 2021 for Bitcoin Dep
ot. We’ve celebrated our five-year anniversary, tripled our kiosk rely, launched a safe app and crypto pockets, and transferring up 746 spots on the Inc. 5000 listing to #357. Some different highlights embody:
- An unique long-term and worldwide partnership with Circle Okay
- Surpassing more than 6,500 crypto ATMs throughout the U.S. and Canada
- Gaining market share within the U.S. and solidifying our place because the No. 1 crypto ATM operator on the earth
“If something, 2021 has proven us that Bitcoin just isn’t a short-lived pattern however one thing that’s right here to remain,” stated Brandon Mintz, President & CEO at Bitcoin Depot. “The crypto ATM business continues to develop at a speedy tempo with estimates that the market will hit $3.55 billion by 2030. We’re positively seeing that utilization and continued development in our enterprise with great enlargement all through 2021.”
Highlights by Month
In 2021, Bitcoin Depot shaped new partnerships, was acknowledged as a prime firm to work for and took part in one of many largest Bitcoin occasions in historical past. By providing dozens of cryptos at our ATMs, in addition to a safe cell app and crypto pockets, we have continued to fulfill our objective of creating entry to monetary providers and crypto simpler. Below are simply a number of the highlights.
- Teamed up with Genmega to energy next-gen Bitcoin ATMs for retail
- Surpassed 2,000 crypto ATMs and continued to excel with worldwide enlargement
- Named a prime place to work by the Atlanta Journal-Constitution
- Recognized by Startup Weekly as one of many 2021 Financial Services & Insurance Companies to Watch
- Participated in Bitcoin 2021, the largest Bitcoin occasion in historical past with a sold-out crowd of 12,000 attendees
- Brandon Mintz, President & CEO of Bitcoin Depot, named an Entrepreneur of The Year 2021 Southeast Award finalist
- Established an unique worldwide and long-term partnership with Circle Okay – one of many world’s main comfort and gasoline retailers
- Launched a safe cell app, a neater method for customers to handle their crypto
- Recognized as One of America’s Fastest-Growing Private Companies on Inc. 5000 List for the second consecutive yr
- Continued enterprise development momentum with a brand new milestone, surpassing 5,000 Bitcoin Depot ATMs throughout North America
- Honored by University of Georgia Alumni Association on its 2022 Bulldog 100 as a fast-growing enterprise
- Surpassed 6,000 crypto ATMs and continued enterprise development
Looking Ahead to 2022
After a profitable 2021, we anticipate Bitcoin adoption charges will proceed to rise and turn into much more mainstream as an accepted asset class in 2022. The market will proceed to mature, driving the necessity for extra modern options which can be simple and seamless to make use of. As witnessed by Bitcoin Depot’s partnership with Circle Okay, crypto ATMs will proceed to broaden into retail environments comparable to eating places, bars and comfort shops, diversifying cryptocurrency’s buyer base. And two-way crypto ATMs, which permit the acquisition and promoting of Bitcoin, will proceed to thrive to fulfill client demand.
“As we observe tendencies, we will see that some years from now, Bitcoin can be some of the priceless belongings,” stated Mintz. “Retailers have gotten main entry factors, and advocates, of cryptocurrency by internet hosting Bitcoin Depot ATMs. This is creating a bigger community of entry factors. It could seem radical now however consider a world the place you should purchase and promote precise items utilizing cryptocurrency. That’s the projection for what’s subsequent.”
To study extra about Bitcoin Depot or to discover a full listing of cryptocurrency ATM areas, go to www.bitcoindepot.com.
About Bitcoin Depot
Bitcoin Depot is the quickest rising multi-cryptocurrency ATM firm on the earth. It was based in 2016 and is predicated in Atlanta, Georgia. The firm’s mission is to supply probably the most safe, handy, and quickest cryptocurrency transaction, finally Bringing Cryptocurrency to the Masses™. Through a powerful community of 1000’s of crypto ATMs, Bitcoin Depot allows customers to purchase Bitcoin, Litecoin, and Ethereum immediately. Learn extra on their web site, in addition to on Facebook, Twitter, and Instagram.
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SOURCE Bitcoin Depot