Bitcoin Depot (NASDAQ: BTM), once the largest Bitcoin ATM operator in North America, filed for voluntary Chapter 11 bankruptcy protection on Monday in the

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…