Bitcoin Depot announces strategic investment from Sopris Capital
April 26, 20244 min
Bitcoin Depot (“Bitcoin Depot” or the “Company”), a U.S.-based Bitcoin ATM (“BTM”) operator and leading fintech company, announced a strategic investment from Sopris Capital (“Sopris”), a 20-year-old multi-strategy investment firm. As part of the investment, Sopris Capital has purchased 2,906,976 Class A common shares and is now one of the Company`s largest independent shareholders. “We are thrilled to own part of a growing, market-leading business at such a compelling valuation. We look forward to collaborating...