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Bitcoin Bancorp has launched a licensed Bitcoin ATM deployment in Southern California, with the first batch of machines rolling out in Los Angeles

bitcoin news Project Progress Industry Reports

2026-04-09 12:01:36

BTC3.81%

Gate News message, April 9, Bitcoin Bancorp announced the launch of a licensed Bitcoin ATM network deployment in Southern California in the United States. The first batch of machines has already been deployed in the Los Angeles area, marking a new phase in its U.S. retail expansion. This deployment follows the company’s earlier rollout in Texas and reflects its strategic execution to accelerate expansion in core markets. According to Globenewswire, the U.S. currently has more than 35k Bitcoin ATMs, and the industry size is expected to grow from about $267 million in 2025 to $7.68 billion by 2034. With its large population base, mature technology ecosystem, and higher rates of cryptocurrency adoption, California has become an important growth market; overall installed capacity ranks among the top in the U.S., just behind states such as Texas.

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