Cash2Bitcoin Completes Transfer to Coinhub Parent Company LSGT Services

Cash2Bitcoin, one of the Bitcoin ATM industry's original brands, has transferred operational control to LSGT Services LLC — the same Las Vegas-based entity that operates Coinhub and “Lowest Fee Bitcoin ATMs” under CEO Logan Short. The transition, which appears to have occurred in late 2025, consolidates three Bitcoin ATM brands under a single licensed operator and brings to a close nearly a decade of independent operation by Digital Access, LLC and its founder, Ayman Rida.

The Observable Record

bitcoinatm.news first confirmed the transfer by cross-referencing NMLS filings, state licensing notices, and our own ATM location telemetry. The Cash2Bitcoin brand is now registered under NMLS #2344713 — the same licensee as Coinhub and LSGT’s newer “Lowest Fee Bitcoin ATMs” brand. Digital Access, LLC (NMLS #2185177) was still the signatory on the Minnesota Department of Commerce consent order that Cash2Bitcoin executed on October 29, 2025, which narrows the transition window to late 2025. In January 2026 Digital Access voluntarily surrendered redundant state money transmitter licenses across its former footprint, consistent with post-transfer license consolidation at the LLC level.

No public-records dataset of this kind is conclusive proof of an acquisition — but the combination of a shared NMLS number, surrendered licenses, same-day multi-brand coordinated withdrawals, and a complete stop in Cash2Bitcoin installs while Coinhub continues installing is, in our assessment, a clearly visible operational transition.

The Digital Access Era

Cash2Bitcoin was founded by Ayman Rida — now listed in our operator database as Founder, Cash2Bitcoin (Digital Access, LLC) — circa 2016, and grew into one of the mid-sized national networks over the following decade, reaching 30 states under Digital Access’s Dearborn, Michigan headquarters. It also operated under brand names CedarBTM, 247 Bitcoin ATM Nearby, and 247 Bitcoin Near ME.

Digital Access’s regulatory record includes three resolved consent orders for unlicensed money transmission, totaling approximately $79,500 in combined penalties:

• Alabama (August 2022) — Alabama Securities Commission Consent Order CO-2022-0018. $13,500 in penalties and investigation costs. License application allowed to continue.
• Connecticut (February 2025) — Connecticut Department of Banking Consent Order. $10,000 civil penalty plus restitution to two affected consumers.
• Minnesota (October 2025) — Minnesota Department of Commerce Consent Order. $6,635 in penalty and investigative costs. Cash2Bitcoin voluntarily exited the state.

All three matters are resolved, and no consent order alleged fraud or consumer harm beyond the licensing violations themselves. The Connecticut order notably observed that Cash2Bitcoin had blocked two additional scam attempts during the period under review.

Under LSGT, Cash2Bitcoin now sits alongside Coinhub (~1,976 locations, A+ trust grade) and “Lowest Fee Bitcoin ATMs,” giving LSGT one of the larger multi-brand Bitcoin ATM footprints in the United States.

Loose Ends

One affiliation remains unclear: a Cedar BTM DBA appears to remain associated with Digital Access, LLC in Oregon. Whether Cedar BTM was excluded from the transfer, or continues under Digital Access’s surviving corporate shell as a regional remnant, is not apparent from public filings we’ve reviewed. We’ll update this article as the picture resolves.

It’s also worth stating explicitly: no deal price, closing date, or formal acquisition announcement has been disclosed by any party. What bitcoinatm.news has confirmed is a change of operator — observable through NMLS registrations, state licensing records, and on-the-ground ATM deinstall patterns. Whether the transaction was structured as a purchase, an asset transfer, a license substitution, or something else is a separate question that we haven’t been able to answer from public records.

What to Watch

Three questions we’re tracking:

1. Fleet consolidation. Will the Cash2Bitcoin brand continue under LSGT, or will its remaining ~524 kiosks be re-badged to Coinhub or “Lowest Fee Bitcoin ATMs” over the coming quarters? The Indiana same-day withdrawal (Cash2Bitcoin and Coinhub removing 164 machines together on 2026-03-10) is the kind of coordinated event that signals operational integration beyond a casual ownership change.
2. Compliance posture under LSGT. The Cash2Bitcoin brand enters LSGT’s portfolio with three recent unlicensed-operation consent orders on the record. Coinhub has its own Connecticut consent order and one NMLS adverse action. How LSGT harmonizes compliance across three brands — and whether new state enforcement surfaces — will matter for anyone hosting or relying on these networks.
3. The Cedar BTM question. If Digital Access, LLC survives as a going concern in Oregon around Cedar BTM, its regulatory obligations and any future actions against that entity are no longer part of the Cash2Bitcoin / LSGT story but remain newsworthy.

For Readers and Hosts

If you operate a retail location hosting a Cash2Bitcoin kiosk, you are now doing business with LSGT Services LLC rather than Digital Access, LLC. Contract counterparties, banking arrangements, compliance support, and the NMLS licensee all sit under a different entity today than when Cash2Bitcoin’s machines were originally installed. Reviewing the kiosk-placement contract is a reasonable first step.

Consumers using Cash2Bitcoin machines will continue to transact with the same physical kiosks, the same Genmega hardware, and the same cash2bitcoin.com front-end. What’s changed is who holds the money transmitter license and who is answerable to state regulators for the brand going forward.