Bitcoin Bancorp launches licensed bitcoin ATM deployment in Southern California
Odaily reports that Bitcoin Bancorp has announced the launch of a licensed Bitcoin ATM network deployment in Southern California, with the first batch of machines already installed in the Los Angeles area, marking a new phase in its U.S. retail expansion. This move follows its previous efforts in Texas and reflects the company’s accelerated execution of its core market expansion strategy.
Data shows that the United States currently has more than 35,000 Bitcoin ATMs, and the industry scale is expected to grow from approximately 267 million dollars in 2025 to 7.68 billion dollars by 2034. With its large population, mature technological ecosystem, and high rate of crypto adoption, California has become a key growth market, ranking among the top in the nation for total installations, second only to states like Texas. (Globenewswire)
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