In the past year, the network of Bitcoin ATMs has witnessed significant growth, with an increase of 2,217 machines, representing a 6.02% rise from the previous year. As of January 1, 2025, the total number of such machines reached 38,768.
According to recent research, the United States has maintained its leading status in the Bitcoin ATM sector, with a substantial majority of 81.27% of the machines located within its borders. At the beginning of 2024, the U.S. had 30,411 ATMs and added 1,094 throughout the year. Nevertheless, the overall percentage of global ATMs in the U.S. has seen a slight dip, decreasing from 83.2% in January 2024 to the current figure in 2025, attributed to Europe making steady gains in its share of the market.
Despite the challenges posed by the so-called “crypto winter,” which led to considerable declines in the overall number of Bitcoin ATMs in 2023, Europe has shown impressive growth. The continent added 116 machines in 2024, marking a 7.5% increase in market share, which rose from 4.23% to 4.29%. This consistent growth demonstrates Europe’s expanding interest in cryptocurrency infrastructure, even amid fluctuating global trends.
Initially, many people were unaware of the concepts surrounding Bitcoin, including its origins, functionality, and implications. However, its impact on the financial landscape is undeniable. A notable landing point in Bitcoin’s history was marked when a Florida resident made the first official commercial transaction, exchanging 10,000 Bitcoins for two pizzas. Since then, Bitcoin has emerged not only as a digital asset but as a transformative force in the economic sphere.
The first half of 2024 saw most of the new Bitcoin ATM installations, which coincided with the early stages of a cryptocurrency bullish trend. By late April, almost 1,942 new ATMs were established, averaging around 485 installations each month. However, from May to December, this growth rate experienced a dramatic slowdown, with only 34 machines added monthly. This deceleration occurred despite Bitcoin, along with other digital currencies, reaching new highs in November, indicating that growth in infrastructure might not always align with market performance. Instead, it often seems to precede market surges as businesses adapt in anticipation of higher demand.
Despite the fact that the beginning of 2025 saw fewer Bitcoin ATMs compared to the record set in December 2022, there was a recovery from the previous year’s low point of 33,076 ATMs observed in July 2023. This rebound shows resilience in the market.
The relationship between cryptocurrency market trends and ATM growth underscores how the adoption of digital assets is fostering physical infrastructure development. While Europe continues its gradual rise in market share, the U.S. faces minor setbacks. The developments of Bitcoin ATM installations in 2025 are likely to shed light on further transformations in the global cryptocurrency landscape.