M&A Deal Summary

Bitcoin Depot Acquires Pelicoin - ATM Network

On June 11, 2025, Bitcoin Depot acquired business services company Pelicoin - ATM Network from Pelicoin - ATM Network

Acquisition Highlights
  • This is Bitcoin Depot’s 1st transaction in the Business Services sector.
  • This is Bitcoin Depot’s 2nd transaction in the United States.

M&A Deal Summary

Date 2025-06-11
Target Pelicoin - ATM Network
Sector Business Services
Buyer(s) Bitcoin Depot
Sellers(s) Pelicoin - ATM Network
Deal Type Divestiture

Target

Pelicoin - ATM Network

United States
Pelicoin's ATM Network provides ATM services.

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Buyer(S) 1

Buyer

Bitcoin Depot

Atlanta, Georgia, United States

Category Company
Sector Information Technology
DESCRIPTION

Bitcoin Depot is a cryptocurrency ATM network based in Atlanta, Georgia, and is the fastest-growing multi-cryptocurrency ATM network in the world. Bitcoin Depot's mission is to provide the most secure, convenient, customer-service-oriented and fastest cryptocurrency transactions, ultimately opening up the cryptocurrency market to the masses. The 200-plus strong network of cryptocurrency ATMs enables users to buy and sell Bitcoin, Litecoin, Ethereum and Bitcoin Cash instantly at hundreds of locations across the United States.


DEAL STATS #
Overall 3 of 3
Sector: Business Services M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
Country: United States M&A 2 of 2
Year: 2025 M&A 1 of 1
PREVIOUS DEAL
DATE TARGET DEAL TYPE VALUE
2022-11-02 Bitaccess

Ottawa, Ontario, Canada

Bitaccess is a technology company building the future of financial services. The company has products in three verticals of blockchain technology payment processing, blockchain auditing, and asset management. Bitaccess was formed in 2013 and is based in Ottawa, Ontario.

Buy -

Seller(S) 1

SELLER

Pelicoin - ATM Network

United States

Category Company
Sector Business Services
DESCRIPTION

Pelicoin's ATM Network provides ATM services.


DEAL STATS #
Overall 1 of 1
Sector: Business Services M&A 1 of 1
Type: Divestiture M&A Deals 1 of 1
Country: United States M&A 1 of 1
Year: 2025 M&A 1 of 1