ATM firm Bitcoin Depot to list on Nasdaq via SPAC

Bitcoin Depot, one of the largest cryptocurrency ATM companies in the United States, has announced the completion of a merger transaction that will allow the company to go public, Cointelegraph reported. Financial technology company GSR II Meteora Acquisition Corporation stated in an announcement on June 30 that its shareholders had approved the company’s merger as a special purpose acquisition company (SPAC) for Bitcoin Depot, and Bitcoin Depot is expected to be listed in Nasdaq on July 3. Starq goes public.
According to Bitcoin Depot founder and CEO Brandon Mintz, the merger deal is intended to support “numerous growth opportunities” and facilitate the adoption of Bitcoin in North America. Bitcoin Depot's common stock and public warrant symbols are BTM and BTMWW, respectively.