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Bitcoin Depot (BTM) - 2023 Q4 - Earnings Call Transcript

It's a combination of both transaction [indiscernible] declined as well. Obviously, if somebody were to purchase $5,000, they would have to come back 5 times, could be five days in a row. And I think the inconvenience that that has caused allows people to have the time to look around for more options to buy cryptocurrencies. So we have seen a decline there and then, of course, on the total transaction size as well, it really brings down our average transaction size by having that cap. Because the median tra ...