Bitcoin Bancorp Buys 2,547 Bitcoin Depot ATMs for $620K
Bitcoin Depot valued its 9,200-kiosk fleet at $26M+ in late 2025. That 2,547 of them sold for $620K in bankruptcy tells the real story on crypto ATM economics.
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Bitcoin Depot valued its 9,200-kiosk fleet at $26M+ in late 2025. That 2,547 of them sold for $620K in bankruptcy tells the real story on crypto ATM economics.
Fraud losses, state bans, KYC rules and high fees are pushing the US Bitcoin ATM sector toward a broader business-model rethink.
The largest US Bitcoin ATM operator is winding down under Chapter 11 — a collapse that crystallises the regulatory squeeze on the cash-to-crypto kiosk sector.
A $3.7M breach in April was the final blow to a business model the operator says regulators had already made unsustainable — the largest US BTM operator is now exiting.