June 6, 2025
Bitcoin ATM Operator Coinflip Explores Potential $ 1b Sale: Bloomberg thumbnail
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Bitcoin ATM Operator Coinflip Explores Potential $ 1b Sale: Bloomberg

The Company Could Become The Latest Crypto Firm to Sell As Bitcoin’s Rally Fuels An Acquisition Boom.”, – WRITE: www.coindesk.com

The Company Could Become The Latest Crypto Firm to Sell As Bitcoin’s Rally Fuels An Acquisition Boom.
Coinflip, A Chicago-Based Operator of More than 5500 Cryptocurrency atms Globally, is Exploring A Potential Sale as Merger and Acquisition Activity Heats. Bloomberg.

The Company Is Working with An Advisor to Gauge Buyer Interest, The Report Said. Coinflip Could Seek at Least $ 1 Billion in A Deal, Thought The Valuation Is FROM GUARANTEED. Discussions Are Still in Early Stages and May Not Result in A Transaction.

Coinflip’s Move Follows a Wave of High-Profile Crypto Acquisitions in 2025, Driven by a Rally in Bitcoin’s

Price. Players Like Kraken, Ripple and Coinbase Have Inked Deals Worth Over Billions of Dollars this Year, withh of Other Eyeing Acquisitions to Bolster Their Balance Sheets or Studs.

Founded in 2015, Coinflip Has Expanded ITS Footprint Beyond the US to Markets Like Australia, New Zealand and South Africa. IT ALLOWS USERS TO BUY AND SELL Crypto at Physical Terminals, Catering to Customers Who Prefer In-Person Transactions or Lack Access to Digital Platforms.

The FIRM RAISED SEED FUNDING IN 2018 FROM INVESTORS INCLUDING SHORERLINE VENTURE MANAGENT AND JETBLUE’S VC ARM.

Descargo de Responsabilidad: ALGUNAS PARTES DE ESTE ARTICUULO SE HAN Generado Con La Ayuda de Herramientas de ia y han sido revisadas por nuestro equi equypovi Nuestras Normas. ara más información, consulte Política Completa de Coindesk sobre ia.

Tom Carreras

Tom Writs About Markets, Bitcoin Mining and Crypto Adoption in Latin America. He have a bachelor’s Degree in English Literature from McGill University, and CAN USUALLY BE FOR COSTA Rica. He Holds Btc Above Coindesk’s Discalosure Threshold of $ 1,000.

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