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Bitcoin Bancorp acquires 2,500 Bitcoin ATMs for $620,750

Bitcoin Bancorp said it bought about 2,500 Bitcoin ATMs from the Chapter 11 bankruptcy estate of Bitcoin Depot. The deal was valued at about $620,750.

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Bitcoin Bancorp (OTC: BCBC) said it acquired about 2,500 Bitcoin ATMs for about $620,750 from the Chapter 11 bankruptcy estate of Bitcoin Depot. The purchase works out to roughly $250 per machine.