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Digital Banking

German electronics retailer installs Bitcoin ATMs to 12 locations

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April 28, 2022

MediaMarkt, a German electronics retailer, has installed Bitcoin ATMs to 12 of its locations in Austria. The company worked through Confinity and its subsidiary ATM company Kurant, which manages more than 200 Bitcoin ATMs in Austria, Germany, Spain and Greece, according to a report by Cointelegraph.

"MediaMarkt stores across the country have been equipped with Bitcoin vending machines. In total, these are now present in 12 markets and enable the simple and secure purchase of cryptocurrencies," Thomas Sperneder, head of marketing and sales, Europe, Kurant, said in the report. He also said these devices will allow retailers to "participate financially in the stationary sale of cryptocurrencies."




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