2023-06-30 17:54:20 ET
- GSR II Meteora Acquisition Corp ( NASDAQ: GSRM ) and Bitcoin Depot, said on Friday that they had successfully closed their previously announced business combination.
- GSRM shares rose +4% in after hours trading.
- Bitcoin ( BTC-USD ) climbed past $30,000 on June 21, following BlackRock's application to establish a bitcoin ETF.
- Traditional finance players such as Invesco ( IVZ ) and Wisdom tree ( WT ) have also filed for a spot bitcoin ETF.
- Bitcoin Depot, a U.S.-based bitcoin ATM provider, had agreed to go public with SPAC GSR II Meteora Acquisition Corp in August 2022.
- Press Release
For further details see:
Bitcoin Depot and GSR II Meteora Acquisition Corp successfully close their SPAC merger