Largest North American bitcoin ATM operator, Bitcoin Depot, files for bankruptcy (opens in new tab)

Bitcoin Depot has filed for Chapter 11 bankruptcy. The company operates a fleet of kiosks at retail locations that allow customers to purchase bitcoin with cash. Bitcoin Depot announced in a press release that its 9,700 kiosks – primarily located at gas stations and convenience stores – had already been taken offline.The company's bankruptcy filing reports between $10 million and $50 million in both assets and liabilities. In a recent financial disclosure, the company had reported a 49% year-...