Bitcoin Depot 50.9 BTC Hack: Details and Analysis

Bitcoin Depot BTC Hack Attack

Bitcoin ATM operator Bitcoin Depot announced that it lost approximately 50.9 Bitcoin (worth about 3.7 million dollars) due to a hacker's access to its internal systems. The attack occurred on March 23 when credentials linked to the company's corporate BTC wallets were compromised. According to the notification to the U.S. Securities and Exchange Commission, customer accounts, platforms, and personal data were not affected. Operations are largely continuing, insurance may cover losses partially, but the investigation will determine the full extent.

Company shares rose 15.61% on Wednesday to close at 2.74 dollars, and increased 5.84% in pre-market trading to reach 2.90 dollars. Bitcoin Depot's money transmission license was suspended in Connecticut, it is facing a lawsuit in Massachusetts over excessive fees and fraud allegations, and paid 1.9 million dollars in compensation to Maine. In June 2024, it experienced a data breach that exposed the data of 26,732 customers. Cities like Stillwater, Spokane, and Haverhill in the US are moving to ban or restrict crypto ATMs due to fraud concerns. Click for more BTC detailed analysis.

Over 30,000 Bitcoin ATMs are located in the US. Source: CoinATMRadar

BTC ETF Flows and Market Reaction

Despite this hack news, the BTC market remained strong. On April 22, 2026, ETF flows saw Bitcoin ETFs with 335.8 million dollars net inflow, Ethereum ETFs 96.4 million dollars. These inflows reflect institutional demand for BTC and show confidence despite events like hacks. Check BTC futures.

BTC Technical Outlook

BTC price 78,082.40 USD (+0.27%). RSI: 65.37 (neutral), Trend: Uptrend, Supertrend: Bearish, EMA 20: 74,107.

• Supports: S1 74,400 (Strong, -4.88%), S2 77,521 (-0.89%)
• Resistances: R1 79,082 (Strong, +1.11%), R2 83,437 (+6.67%)