what's Bitcoin Depot?
Bitcoin Depot is a leading operator of cryptocurrency kiosks, also known as Bitcoin ATMs, enabling users to buy and sell Bitcoin and other cryptocurrencies like Litecoin, Ethereum, and Bitcoin Cash using cash at thousands of locations across the United States and beyond. The company offers additional services including a mobile app for wallet management and online purchases, as well as BDCheckout for funding wallets at retail checkouts. As a licensed money services business, Bitcoin Depot prioritizes secure, compliant transactions to facilitate cryptocurrency adoption.
Bitcoin Depot disclosed a $3.6M BTC theft from corporate wallets in an SEC filing.
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x.com/bitcoin_depotLost 50.9 BTC ($3.7M) from corporate wallets on March 23, 2026, in a hack, disclosed in SEC filing, with customer platforms and data unaffected.
Appointed Alex Holmes, former MoneyGram CEO, as CEO.
Faces crypto ATM regulatory crackdown, requiring ID verification for transactions over a threshold and risking 40% revenue decline.
Expands operations into Hong Kong as part of Asian market expansion strategy.
Partners with IGA to install Bitcoin ATMs in grocery stores across the U.S.
Stock rises 4.86% to $5.61, earning top-5 ranking in LunarCrush AltRank™ among Bitcoin treasury stocks.
Warrants show 40% implied volatility vs 75-133% actual stock volatility, suggesting significant mispricing with FMV at $0.75 vs current $0.31.