Bitcoin Atm

2 articles

Business

Bitcoin Depot Filed Chapter 11 in Texas on May 18 — All 9,000 ATMs Went Dark After Revenue Collapsed 49 Per Cent and Massachusetts and Iowa Took the Company to Court

Bitcoin Depot's voluntary Chapter 11 filing on Monday took North America's largest bitcoin ATM fleet offline overnight. A 49 per cent year-on-year revenue collapse, a $3.7 million April hack, and parallel state attorney general lawsuits finally moved faster than the company's cash position.

19 May 2026·Alex Turner

Security

Bitcoin Depot Discloses $3.6 Million Theft After Hackers Breach Corporate Wallets Through Stolen Credentials

America's largest bitcoin ATM operator revealed that attackers stole 50.9 BTC from its corporate settlement wallets in late March after compromising internal credentials, prompting an FBI investigation and a material event filing with the SEC.

9 Apr 2026·Oliver Bradford