Share this article
Bitcoin ATMs to Invade Circle K Convenience Stores
Crypto kiosk company Bitcoin Depot plans to hit “thousands” of locations, with 700 units already installed.
By Danny Nelson
Updated May 9, 2023, 3:21 a.m. Published Jul 22, 2021, 9:56 p.m.
Bitcoin Depot is making a play for bricks-and-mortar foot traffic through a “long-term” crypto ATM partnership with the Circle K convenience store chain.
STORY CONTINUES BELOW
The crypto ATM company plans to install kiosks at “thousands” of Circle K locations, according to a press release, with over 700 already live in 30 states. CEO Brandon Mintz is aiming for 6,000 kiosks across North America before 2021 is done.
“We feel that the Circle K brand has a wide and diverse customer base with people from all walks of life visiting these stores,” Mintz told CoinDesk.
Read more: Over 100 New Bitcoin ATMs Going Live Across 24 US States
The tie-up comes as the crypto ATM industry continues to grow. Bitcoin Depot’s own statistics indicate the industry is up 155% year over year.
广告
Mintz declined to say how Bitcoin Depot’s existing machines are faring but said “transaction volumes have continued to grow” through the years.
More For You
Top Stories
