Bitcoin has surfed to an all-time high amid the pandemic, and there’s at least five Bitcoin ATM machines in Arlington where you can buy the cryptocurrency.
One Bitcoin is currently worth nearly $27,000, just down from a recent peak, but still a massive increase as its value has more than tripled over the past year.
Locally, Bitcoin’s rise has been further fueled by a recent $650 million investment from Tysons-based firm MicroStrategy.
“The new pandemic crisis just sped things up,” local Bitcoin investor Raj Paladugu told ARLnow. “It could take money from the gold market in just three years, instead of the five years that was forecasted.”
Bitcoin ATMs — also known as BTMs — have been in Arlington since 2015.
At one location, the Bitcoin Depot ATM at the Pentagon City mall (1100 S. Hayes Street), customers can also buy the cryptocurrencies Litecoin and Ethereum, according to the company’s website.
Other publicly-listed BTM locations in Arlington include:
- Digital Mint ATM Teller Window at 3233 Columbia Pike, Ste. B
- GetCoins Bitcoin ATM at the Exxon gas station at 1001 S. Glebe Road
- Byte Federal Bitcoin ATM at 3000 N. Washington Blvd., Ste. A-1
- American Crypto Bitcoin ATM at 4746 Lee Highway