#bitcoindepot

Bitcoin Depot filed Chapter 11 and took 9,276 ATMs offline, ending a cash-to-crypto model crushed by costs and scrutiny.

Bitcoin Depot warns of potential bankruptcy within 12 months as ATM revenue falls and regulatory pressures mount on the crypto services provider.

Bitcoin Depot’s 9,000 crypto ATMs went dark as Chapter 11 turns a retail crypto giant into a warning for the kiosk sector.

Bitcoin Depot files Chapter 11, exposing how regulatory pressure and a failing business model are collapsing the largest crypto ATM operator.