Bitcoin Depot’s Primary Business Model is to buy and sell Bitcoin at close to 7,000, with approximately 360 in the USA.
Company-owned Automated Teller Machines (BTMs) kiosks throughout the United States (and Canada) that are installed at various locations, such as convenience stores and gas stations.
Nearly all of the kiosks have only the ability to sell Bitcoin to customers, though a limited number of the kiosks offer customers the ability to sell Bitcoin to the company, none of which are located in California.
For an up-to-date count of kiosks and locations, please refer to the Company’s website
(www.bitcoindepot.com/locations).
The Company’s BTMs offer customers the option of exchanging fiat currency for Bitcoin. The Company employs its own software platform called Bitaccess to determine the applicable exchange rate at the time of the transaction, and the Company charges a percentage markup plus a flat fee.