Bitcoin Depot provided cryptocurrency purchasing services through Bitcoin ATMs, BDCheckout retail checkout locations, online purchases powered by Banxa, and mobile applications. Its services enabled users to convert cash or card payments into Bitcoin and other cryptocurrencies for use in payments, spending, and investing. The company served individual crypto purchasers, retail-location partners, and Bitcoin ATM lessors. According to the supplied restructuring content, Bitcoin Depot initiated a voluntary Chapter 11 process to wind down operations and sell its assets, and its BTM network was taken offline.
