New York Post

Iron Mike’s ATMs

Ex-boxer lends brand to bitcoin biz

- By RICHARD MORGAN rmorgan@nypost.com

Iron Mike Tyson has moved from bit ears to bitcoin.

As strange as it might sound, the chief executive of a bitcoin exchange company has licensed the former heavyweigh­t champ’s name for a line of 100 branded bitcoin ATMs — the first of which was unveiled in Las Vegas on Thursday.

The ATMs are a 50/50 partnershi­p between Tyson and Bitcoin Direct, Peter Klamka, the CEO of the company, told The Post.

Klamka signed his deal with Tyson after pondering what “celebrity cuts across all generation­s, all borders, all cultures and all ethnic groups,” he said.

“People from Brooklyn to Beijing know the guy,” Klamka explained.

The meeting went unusu ally well because Tyson — unbeknowns­t to his future partner — already had an interest in digital currencies, he said.

“All I had to do was talk him through the mechanics of how an ATM works,” Klamka said. “From there it was contract to installati­on in eight weeks.”

Tyson’s ATM — at the Caesarsown­ed LINQ Hotel & Casino — isn’t the first in Las Vegas. Two downtown casinos started accepting the currency in January 2014 — and had a bitcoin ATM installed in May 2014.

But the Mike Tyson bitcoin ATM is Sin City’s first celebrityb­randed version.

Yet those whouse it to turn cash into bitcoin do so at their own risk. Bitcoin traded at $235.35 Thursday, after bouncing between $1,217 and $198 in recent years.

 ?? Getty Images ?? PUNCH LINE: Mike Tyson looks like he can hardly believe his mug is now on a new bitcoin ATM in Vegas.
Getty Images PUNCH LINE: Mike Tyson looks like he can hardly believe his mug is now on a new bitcoin ATM in Vegas.

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