Investing in Currencies

ATLANTA - Depot, a prominent U.S. Bitcoin ATM operator, has announced the acquisition of approximately 400 new Bitcoin ATM kiosks. The company plans to deploy these kiosks by the end of the first quarter of 2024, as part of its strategy to aggressively increase its market presence. This latest procurement is in addition to a prior order of 500 kiosks, bringing the total number of Bitcoin ATMs Bitcoin Depot has committed to purchase this year to 900.According to the CEO of Bitcoin Depot, Brandon Mintz, the company aims to establish...

Investing.com-- The price of bitcoin hit an over two-year high on Tuesday, with the world’s largest cryptocurrency crossing key levels amid consistent capital flows into the recently approved spot exchange-traded funds.  rose 3.2% to $50,160.2 by 20:13 ET (05:13 GMT), crossing the $50,000 mark for the first time since December 2021. The token was now about $19,000 away from making new record highs. Gains in bitcoin came amid consistent capital flows into the recently-approved spot ETFs, which saw net inflows of over $1 billion in the past week, digital asset...

CHICAGO - Potbelly (NASDAQ:) Corporation (: PBPB), the well-known sandwich shop chain, has secured a new $30 million revolving credit facility with a significantly reduced interest rate, the company announced today. The new credit arrangement, which matures on February 7, 2027, is provided by Wintrust Bank and marks a 600-basis point decrease in the interest rate margin compared to the company's previous term loan.The current interest rate for the new facility is set at SOFR + 325 basis points, a reduction from the previous SOFR + 925 basis points. Depending...