Bitcoin of America reports a ‘rapid expansion’ of its crypto ATMs network in 2022
U.S.-based crypto ATM operator Bitcoin of America has announced a rapid expansion in the number of installations amid growing consumer demand. Following the growth of meme coins in 2021, Bitcoin of America also incorporated Dogecoin and Shiba Inu amid surging demand.
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The company currently operates over 2,500 Bitcoin ATMs, a spike of over 38% considering that in March, the operator controlled machines in 1,800 locations, Bitcoin of America said in a press statement published on June 9. Part of the expansion is due to the addition of new cryptocurrencies to its machines. Notably, the platform supports the purchase of Bitcoin, Litecoin, and Ethereum.
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