GSR II Meteora (GSRM) to Combine with Bitcoin Depot in $755M Deal
GSR II Meteora (NASDAQ:GSRM) has entered into a definitive agreement to combine with Bitcoin Depot at an enterprise value of $755 million, or 26x its 2021 EBITDA. Atlanta-based Bitcoin Depot manages a network of ATMs and retail payment points allowing consumers to make cash deposits and withdrawals from bitcoin wallets. The combined company is expectedRead More