Bitcoin Depot Inc. (NASDAQ:BTM) on Monday filed for Chapter 11 bankruptcy and took its entire network of 9,000 Bitcoin ATMs offline, sending the stock down 33% to $0.01 in pre

Bitcoin Depot issued a “going concern” warning, signaling severe uncertainty over its ability to survive the next 12 months.

Bitcoin Depot reported accruing more than $20 million in legal judgments in Q4 2025 and had “ongoing litigation matters” affecting its revenue, which had significantly declined…