Bitcoin Depot Inc. Warrant (BTMWW)

Bitcoin Depot has acquired the assets of National Bitcoin ATM, adding over 500 kiosks to its network and increasing its U.S. market share to approximately 30%. The acquisition aims to strengthen Bitcoin Depot's national presence in the cryptocurrency ATM market.

Bitcoin Depot appointed Philip Brown as Chief Compliance Officer to enhance regulatory strategy, strengthen compliance protocols, and support the company's national and international growth in the digital asset industry.

Ethereum has gained 50% in 2022, but it is underperforming other top cryptocurrencies like Bitcoin. The launch of new Ethereum ETFs has had a limited impact, and Ethereum is ceding market share to faster and cheaper blockchain rivals.