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Bitcoin Bancorp Acquires 2,547 Bitcoin Depot ATMs for $620,000 in Bankruptcy Sale
By Trader Edge at 2026-09-11 04:54
Sentiment: Negative
TLDR Bitcoin Bancorp bought 2,547 Bitcoin Depot ATMs for $620,750, a fraction of their original value Bitcoin Depot filed for Chapter 11 bankruptcy in May after a 49% revenue collapse in Q1 Bitcoin Depot had valued its kiosks at over $26 million as recently as Q4 2025 Bitcoin Bancorp also acquired intellectual property, trademarks, patents, [...] The post Bitcoin Bancorp Acquires 2,547 Bitcoin Depot ATMs for $620,000 in Bankruptcy Sale appeared first on CoinCentral. Continue reading...
Categories: Bitcoin
Tags: #Bitcoin #News
Source Coin Central