Polygon Bitcoin ATM Acquisition 2026: A $125M Bet on Physical Crypto Infrastructure
Polygon is reportedly acquiring a Bitcoin ATM provider for $100M - $125M. This strategic move aims to expand Polygon's physical presence in the crypto market in 2026.
$100 million is moving from the blockchain to the street. Polygon is reportedly making a massive move to expand its physical footprint by acquiring a leading Bitcoin ATM provider.
Details of the Polygon Bitcoin ATM Acquisition 2026
According to sources familiar with the matter, Polygon is set to pay between $100 million and $125 million for the acquisition. This deal highlights the company's ambition to bridge the gap between decentralized finance and everyday retail transactions.
The acquisition allows Polygon to leverage a ready-made network of physical kiosks. This could potentially integrate its low-fee network into real-world cash-to-crypto on-ramps, challenging traditional fintech players.
This content is AI-generated based on source articles. While we strive for accuracy, errors may occur. We recommend verifying with the original source.
Related Articles
Bitcoin plunged below $78K triggering mass liquidations as analysts warn months of downside ahead. Options traders bet $1.16B on further decline below $75K
Four months after October's liquidation cascade, crypto markets remain fragile while traders point fingers at the world's largest exchange for bitcoin's continued decline.
MicroStrategy's Michael Saylor hints at another bitcoin purchase with 'More Orange' tweet as BTC falls to $78K, but funding capacity appears limited due to weak share performance
Strategy increased its preferred stock dividend to 11.25% as STRC trades below par and bitcoin briefly fell below the company's cost basis.
Thoughts
Share your thoughts on this article
Sign in to join the conversation