Community Articles
via Bitcoin Magazine · By Bitcoin Magazine Editorial
Bitcoin Depot (BTM) Files For Chapter 11 Bankruptcy
BTC
BTC/USDT
$63,072.42
+0.18%
$63,072.42
+0.18%
(24s)24h Volume
$2,103,481,699.35
24h H/L
$63,175.00 / $62,946.58
Change: $228.42 (0.36%)
Long/Short
68.0%
Long: 68.0%Short: 32.0%
Funding Rate
+0.0000%
Longs pay
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BM
Bitcoin Magazine Editorial(01:38 PM UTC)
1 min read
Bitcoin Depot (NASDAQ: BTM), once the largest Bitcoin ATM operator in North America, filed for voluntary Chapter 11 bankruptcy protection on Monday in the U.S. Bankruptcy Court for the Southern District of Texas. The Atlanta-based fintech company said it intends to wind down all operations and pursue a sale of its assets — marking one of the most visible collapses in the retail cryptocurrency…
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