Crypto kiosk operator Coinstar is being sold in a deal that will clear its debt in one sweep
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Coinstar, a coin-exchange and crypto kiosk operator owned by Apollo Global Management, is being sold in a deal that will clear its debt. The buyer, Arctic Slope Regional Corporation, will repay over $750 million in principal and interest, ensuring a full bond repayment next month. This transaction, which has not been publicly disclosed before, allows Coinstar to transition to an Alaska-based owner while eliminating its bond debt. Coinstar has expanded into digital assets, allowing customers to buy cryptocurrency through kiosks and a mobile app.
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