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Giulia Ferrante

Bitcoin Depot Enters Chapter 11; 9,276 Bitcoin ATMs Taken Offline on May 18, 2026

Bitcoin Depot filed for Chapter 11 protection on May 18, 2026, and its entire fleet of 9,276 Bitcoin ATM kiosks went offline that day. The company reported preliminary Q1 2026 revenue of $83.5M, down 49.2% year-over-year, alongside a $9.5M net loss.