๐ฐBitcoin Depot Profits Soar 183% in Q2 ๐
Crypto ATM giant Bitcoin Depot posted $12.3M profit, fueled by a rebound in BTC prices and growing kiosk usage. ๐
$BTC stash: 100 BTC worth $11.5M (+666% YoY)
Revenue: $172M (+6% YoY)
Growth: 8,800+ kiosks, expanding into Australia ๐ฆ๐บ
Strategy: More Bitcoin buys, debt reduction, & market consolidation
BTC currently trades near $119.7K, up 6% this week. ๐
