Bitcoin Bancorp announced the deployment of its licensed Bitcoin ATM network in Southern California, with the first devices already installed in the Los Angeles area, marking a new phase in its US retail expansion. This move follows its previous deployment in Texas, demonstrating the company's strategic execution to accelerate expansion in its core markets. Data shows that the US currently has over 35,000 Bitcoin ATMs, and the industry is projected to grow from approximately $267 million in 2025 to $7.68 billion in 2034. California, with its large population, mature technology ecosystem, and high crypto adoption rate, has become a significant growth market, ranking among the top states in the US in terms of overall ATM installations, second only to states like Texas. (Globenewswire)