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Digital asset infrastructure company Bitcoin Bancorp (OTC: BCBC) has acquired about 2,500 ATMs from bankrupt Bitcoin Depot at a steep discount, CoinDesk reported. The purchase price was $620,750, or about $243 per ATM.
Bitcoin Bancorp also acquired related store placement agreements, intellectual property, trademarks, patents and the official domain BitcoinDepot.com for an additional $110,500. Bitcoin Depot filed for Chapter 11 bankruptcy protection in May after first-quarter 2026 revenue fell 49% from a year earlier and the company swung to a $9.5 million net loss.