Costco has officially rolled out Bitcoin ATMs in all U.S. locations, thanks to a partnership with LibertyX. This expansion aims to increase crypto accessibility, making it easier for shoppers to buy and sell Bitcoin at one of the nation’s largest retail chains.
Key Details of Costco’s Bitcoin ATM Expansion
- Over 600 Costco stores now have Bitcoin ATMs, offering customers direct BTC access.
- LibertyX was chosen to operate the ATMs, avoiding issues with high fees seen in other providers.
- These ATMs allow Bitcoin purchases without requiring a bank account, improving financial accessibility.
Bitcoin ATM Growth and Market Impact
- The U.S. leads the world in Bitcoin ATM installations, with nearly 30,000 machines nationwide.
- Other countries expanding Bitcoin ATMs include Canada, Australia, Spain, and El Salvador.
- Increased Bitcoin ATM availability could drive mainstream adoption, though its impact on BTC price remains uncertain.
Will This Affect Bitcoin’s Price?
Bitcoin recently fell below a key moving average, signaling slower momentum despite reaching a new all-time high weeks ago.
- Sellers currently control the market, with Bitcoin needing to reclaim strength before resuming its rally.
- Investor sentiment, regulatory changes, and market trends will determine whether increased Bitcoin accessibility boosts BTC’s long-term value.
With Costco bringing crypto into everyday retail experiences, this move could be a major step toward Bitcoin’s broader adoption in mainstream commerce.
While many see this as just another Bitcoin adoption milestone, the bigger implication is Costco’s willingness to integrate crypto into mainstream commerce. If this rollout is successful, it could pave the way for direct Bitcoin payments in retail chains, bringing BTC closer to real-world utility beyond trading and investment.