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Thursday Jan 26, 2023
Thursday Jan 26, 2023
It has been a bumpy year for crypto, but what if there was a way to invest in the space while dodging the volatility?
Bitcoin Depot hopes to be that stock and announced a $755 million dollar combination with GSR II Meteora Acquisition Corp. in August.
This week, we speak with Brandon Mintz, CEO of Bitcoin Depot. Brandon tells us how Bitcoin Depot has managed to build a crypto business without holding any crypto by serving customers through thousands of Bitcoin-trading cash ATM.
Its recent financial performance has seen it continue to grow through the crypto highs and lows and generate profits in a manner uncorrelated with Bitcoin prices.
GSR II Meteora Co-CEO Gus Garcia also joins to discuss why that fact was so important to his team’s calculus in striking a deal with Bitcoin Depot.
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