Svmuu News Bitcoin Bancorp announced the launch of its licensed Bitcoin ATM network deployment in Southern California, USA, with the first batch of devices already operational in the Los Angeles area, marking a new phase in its US retail expansion. This move follows its previous deployment in Texas, reflecting the company's strategic execution to accelerate expansion in core markets.
Data shows that the US currently has over 35,000 Bitcoin ATMs, with the industry size expected to grow from approximately $267 million in 2025 to $7.68 billion by 2034. California, with its large population, mature tech ecosystem, and relatively high crypto adoption rate, has become a key growth market, with its overall installed base ranking among the top in the US, second only to states like Texas. (Globenewswire)