Bitcoin Depot starts Chapter 11 as Capital B buys 192 BTC for €13.0M

On May 18, U.S.-based Bitcoin ATM operator Bitcoin Depot began a voluntary Chapter 11 process as it moves toward winding down operations and selling assets. The same day, Capital B spent €13.0 million to add 192 BTC, lifting its holdings to 3,135 BTC, while Bitcoin retail activity fell to a record low.