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The United States' largest Bitcoin ATM operator Bitcoin Depot files for bankruptcy protection
The major Bitcoin ATM operator Bitcoin Depot in the United States has filed for Chapter 11 bankruptcy protection in a Southern Texas bankruptcy court. The company stated that due to increased regulatory pressure and financial stress, it has decided to scale back operations and sell assets.
Currently, all Bitcoin ATM networks operated by the company have been taken offline. The company previously operated over 9,000 ATM locations worldwide until August 2025. Following the bankruptcy announcement, Bitcoin Depot's stock dropped more than 70% in pre-market trading. $BNB
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