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Bitcoin ATM

Bitcoin Depot Collapses Into Bankruptcy as Crypto ATM Crackdown Intensifies

2026-05-19
By: Elite Crypto News
On: May 19, 2026
In: Bitcoin, Bitcoin ATM

Bitcoin Depot filed for voluntary Chapter 11 in Texas on Might 18 and took its Bitcoin ATM community offline. Preliminary Q1 income fell US$80.7 million, or 49.2%, as transaction quantity dropped underneath tighter guidelines and compliance controls. BTM shares fell about 73% after the submitting, with the corporate planning anContinue Reading

Polygon Nears $125M Acquisition of Bitcoin ATM Pioneer Coinme

2026-01-09
By: Elite Crypto News
On: January 9, 2026
In: Bitcoin ATM, Polygon

Polygon is reportedly near buying Bitcoin ATM operator Coinme for about $125 million to determine a bodily cash-on-ramp for its community. The deal would grant Polygon entry to a licensed cash transmitter community overlaying 49 US states and 1000’s of retail kiosks at areas like grocery shops. This acquisition alertsContinue Reading

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