Odaily Planet Daily reports that Bitcoin Bancorp has launched the deployment of its licensed Bitcoin ATM network in Southern California, with the first devices now operational in the Los Angeles area, marking a new phase in its U.S. retail expansion. This move follows its earlier deployment in Texas, reflecting the company’s accelerated execution of its strategy to expand in core markets.
Data shows that the United States currently has over 35,000 Bitcoin ATMs, with the industry size projected to grow from approximately $267 million in 2025 to $7.68 billion by 2034. California, with its large population, mature tech ecosystem, and higher cryptocurrency adoption rates, has emerged as a key growth market, ranking among the top states in total machine installations, behind only Texas and a few others. (Globenewswire)