Bitcoin Depot Flashes Bankruptcy Warning as ATM Revenue Falls, Regulatory Scrutiny Grows

In brief

• Bitcoin Depot has issued a “going concern” warning, signaling severe uncertainty over its ability to survive the next 12 months.
• The company’s preliminary Q1 financial results revealed a 49% year-over-year revenue drop and a $9.5 million net loss.
• The kiosk operator is actively…