Public company Bitcoin Depot acquires assets of Bitcoin ATM operator Pelicoin

according to GlobeNewswire, Nasdaq-listed Bitcoin ATM and fintech company Bitcoin Depot announced the acquisition of the assets of Bitcoin ATM operator Pelicoin, including the company's self-service terminals in Louisiana, Mississippi, Tennessee, Alabama, and Texas. The specific acquisition amount has not been disclosed.

It is reported that Pelicoin's ATM network will be fully integrated into the Bitcoin Depot platform in the coming weeks, and all devices will transition to the Bitcoin Depot brand.