Bittimaatti

The main activity of Bittimaatti Oy is operating a network of cryptocurrency ATMs in Finland. The company offers machines that allow users to buy and sell cryptocurrencies, mainly Bitcoin, but also Ethereum (ETH) and Litecoin (LTC), for cash. Users can thus buy cryptocurrencies with cash or sell their cryptos to withdraw cash.

The products and services of Bittimaatti are therefore:

• Cryptocurrency ATMs (Bitcoin, Ethereum, Litecoin)
• The possibility to buy cryptos with cash
• The possibility to sell cryptos and withdraw cash

Bittimaatti's target market consists of individuals and cryptocurrency users in Finland, whether beginners or experienced, who want easy and fast access to buying or selling cryptocurrencies through physical machines. The company thus addresses anyone interested in cryptocurrencies and looking for a simple, fast, and cash-based solution for their transactions, without using traditional online platforms.

Bittimaatti Oy is an independent Finnish company, registered as a virtual asset service provider with the Finnish Financial Supervisory Authority (FIN-FSA), which ensures the regulatory compliance of its activities.

Bittimaatti is the main cryptocurrency ATM network in Finland. The company’s history began in 2015, when the very first bitcoin ATM was installed at Levykauppa Äx in Helsinki Central Station. At that time, bitcoin was still little known and its price was around €200. Finnish and European regulators had not yet grasped the phenomenon of cryptocurrencies.

In 2018, Bittimaatti Oy was officially founded under the parent company Prasos Oy, a recognized player in the cryptocurrency sector in Finland. Prasos Oy also operates the Coinmotion exchange platform. Bittimaatti specializes in the installation and management of ATMs allowing the purchase and sale of cryptocurrencies (mainly Bitcoin, but also Ethereum and Litecoin) for cash.

Over the years, Bittimaatti has experienced several key milestones:

• 2015: Installation of the first ATM in Helsinki.
• 2018: Official creation of Bittimaatti Oy under Prasos Oy.
• 2019-2022: Rapid expansion of the network across Finland, with ATMs in the country’s main cities.
• Obtaining regulated virtual asset service provider status from the Finnish Financial Supervisory Authority (FIN-FSA), strengthening the company’s legitimacy and compliance.
• 2022-2024: Bittimaatti receives the “Achievers” certificate from the business media Kauppalehti, rewarding its growth and financial strength.
• 2025-2026: Facing external challenges, the company announces a reduction in its ATM network, while maintaining a strong national presence.

Bittimaatti has also innovated by introducing hygiene measures (antimicrobial films on screens) and adapting its offering to market changes (temporary addition/removal of certain cryptocurrencies depending on demand or technical availability).

Today, Bittimaatti is an independent company, recognized for its reliability (“Finland’s Strongest Platinum” certificate for its financial strength) and its commitment to providing simple and secure access to cryptocurrencies for the Finnish general public. The company continues to adapt its strategy to respond to sector developments and the needs of its clients.

Bittimaatti is a Finnish network of cryptocurrency ATMs, operated by the company Bittimaatti Oy. The company was founded in autumn 2018 under the parent company Prasos Oy, but the history of Bittimaatti begins in 2015 with the installation of the first ATM in Helsinki. Bittimaatti Oy is now an independent company, although it was initially a subsidiary of Prasos Oy.

The official website and available sources do not explicitly mention the name of the founder(s) or the detailed composition of the current management team. However, it is confirmed that the parent company Prasos Oy (now known as Coinmotion Oy) played a key role in the creation and development of Bittimaatti.

For any further information or to contact the team, it is possible to use the contact form available on the official Bittimaatti website.