All articles tagged with #bitcoin depot
Bitcoin Depot has agreed to pay nearly $2 million to Maine to compensate victims of fraud linked to its bitcoin ATMs, which scammers have exploited to steal over $333 million in 2025. The company admits no wrongdoing, but the settlement aims to address the rise in ATM-related scams, which have become a major method for fraudsters to defraud Americans.
Bitcoin Depot, the world's largest crypto ATM operator, saw its stock rise nearly 12% in its Nasdaq debut following a merger with a special purpose acquisition company (SPAC). The Atlanta-based company, trading under the ticker "BTM," is the first crypto ATM operator to list on a major U.S. stock market. With over 6,000 machines and a significant market share, Bitcoin Depot plans to consolidate the highly fragmented crypto ATM market and expand its installations with major retailers.