Bitcoin Depot Collapses Into Bankruptcy as Crypto ATM Crackdown Intensifies
2026-05-19
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