Bitcoin Depot, the largest crypto ATM operator in the U.S., has announced a $5 million Bitcoin purchase, increasing its total holdings to 71.5 BTC. The CEO, Brandon Mintz, stated, “This investment reflects our continued confidence in Bitcoin as a valuable asset and store of value.”
Bitcoin Depot’s move aligns with the ranks of companies who apparently think holding digital assets is a sound financial strategy. They’re hoping it will lead to smoother transactions, not to mention appreciation in value. After all, who needs banks when you have blockchains?