Why Bitcoin ATM Operator CoinFlip Is Seeking $1 Billion Sale

Why Bitcoin ATM Operator CoinFlip is Seeking $1 Billion Sale

CoinFlip, one of the world’s largest Bitcoin ATM operators, is exploring a potential sale, according to a Bloomberg report. It has kept its valuation target atleast $1 billion, riding on the already burgeoning M&A activity in crypto. The report further reveals that the Chicago-based crypto company is already working with a financial advisor to field The post Why Bitcoin ATM Operator CoinFlip is Seeking $1 Billion Sale appeared first on CoinGape.

Bitcoin ATM Operator CoinFlip Eyes $1B Sale Amid Crypto ATM Industry Shake-Up

CoinFlip, the biggest Bitcoin ATM player in the U.S, is considering a sale as regulatory pressure and market consolidation ramp up. Despite that, they’re expanding globally and leaning into new tech like programmable Bitcoin and the Olliv app. CoinFlip, the biggest Bitcoin ATM provider in the U.S., is reportedly looking at a potential sale with hopes of securing a valuation of $1 billion, marking a big shift for the crypto ATM space. Started in …

Bitcoin ATM Giant CoinFlip Reportedly Considering $1B Sale - Crypto Economy

TL;DR CoinFlip is exploring a sale and targeting a valuation of at least $1,000M, driven by a surge in crypto sector mergers. The company operates over 5,500 Bitcoin ATMs across the US, Australia, New Zealand, and South Africa, with strong demand in mid-adoption markets. Bitcoin’s recovery and growing institutional interest in physical crypto assets have made CoinFlip one of the most sought-after players. CoinFlip, one of the most international…

CoinFlip Explores $1B Sale Amid Crypto M&A Surge

CoinFlip, a Chicago-based crypto ATM operator, is reportedly exploring a potential $1 billion sale as merger and acquisition activity accelerates in the digital asset space. According to Bloomberg, the company has enlisted a financial advisor to assess buyer interest, though talks are still in early stages and a deal is not guaranteed. Founded in 2015, CoinFlip operates over 5,500 cryptocurrency ATMs across the U.S. and international markets inc…