Bitcoin Depot stock crashes 71% premarket after Chapter 11 filing
18 May 2026 at 16:26
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Bitcoin Depot files for Chapter 11 in Texas, plans asset sale and wind-down as regulatory pressure forces shutdown of its Bitcoin ATM network.
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Bitcoin Depot files for Chapter 11 in Texas, plans asset sale and wind-down as regulatory pressure forces shutdown of its Bitcoin ATM network.
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Michael Saylorβs Strategy bought 24,869 Bitcoin for $2.01 billion last week, lifting holdings to 843,738 BTC as STRC sales funded around 97% of the acquisition.
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Goldman Sachs cut its crypto ETF exposure in Q1 2026, exiting XRP and Solana funds while trimming Bitcoin and Ether ETFs and reshaping equity bets.