product · May 18, 2026
Bitcoin Depot Initiates Voluntary Chapter 11 to Sell Assets
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Bitcoin Depot announced on May 18, 2026, that it filed for Chapter 11 bankruptcy in the Southern District of Texas. The filing supports an orderly wind-down of operations and sale of the company's assets. The Bitcoin ATM operator's network has been taken offline following the decision. Non-U.S. entities outside Canada will wind down under applicable foreign law.
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