PANews reported on June 6 that according to Bloomberg, CoinFlip, a global Bitcoin ATM network operator, is considering selling the company and has hired financial advisors to seek buyers. People familiar with the matter said the company's target valuation is at least $1 billion, but whether it can be achieved is still uncertain. CoinFlip was founded in 2015 and currently operates more than 5,500 cryptocurrency ATMs in the United States, Australia, New Zealand, South Africa and other places.