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Bitcoin Depot, a BTC ATM operator, has filed for bankruptcy.

18 May, 2026byDropsTab
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  • 9,000 ATMs have been disconnected.
  • Revenue for the first quarter fell by 49% year-on-year to $83.5 million. Net loss amounted to $9.5 million.
  • Causes: stricter regulations, restrictions on crypto ATM transactions, increased litigation and regulatory risks, as well as deteriorating financial performance.

Continue reading this article on source: cryptobriefing.com