Just saw that CoinFlip is apparently exploring a $1B sale according to Bloomberg. For context, CoinFlip runs one of the bigger Bitcoin ATM networks out there, so this is actually pretty significant if it goes through.



Tbh I didn't realize the Bitcoin ATM space was valued that high. CoinFlip has been around for a while and has solid market presence, but a billion-dollar valuation still feels wild to me. Makes you wonder what the buyer would be - is it a traditional finance player trying to get into crypto infrastructure, or another crypto company looking to expand?

The whole physical Bitcoin ATM ecosystem is kind of an underrated piece of the adoption puzzle. CoinFlip and similar operators are literally the on-ramps for people who want to buy Bitcoin without dealing with exchanges. Anyway, interested to see if this deal actually closes or if it's just exploration at this point. You guys think this signals bigger consolidation coming in the Bitcoin ATM space?
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