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Stock impact report

Bitcoin Depot CEO Departs Amid Broader Crypto ATM Crackdown [Yahoo! Finance]

Bitcoin Depot Inc. - Class A (BTM) 
Company Research Source: Yahoo! Finance
Scott Buchanan has resigned as CEO and as a director, according to an SEC filing on Tuesday. Buchanan had held various senior leadership roles at Bitcoin Depot since 2019. His resignation was not due to any “disagreement” with the company over its operations, policies, or practices, the filing indicates. Its founder, Brandon Mintz, likewise stepped down as executive chairman but will remain on the reduced six-member board and is expected to continue advising the CEO. Holmes, a Bitcoin Depot director since August last year, brings more than 16 years of senior payments experience from across remittances, banking, and regulatory compliance. In a statement, Holmes said his priorities would center on “operational stability, regulatory progress,” and pushing for the company's “evolution into a more diversified fintech platform.” Holmes previously served as CEO of the financial services firm MoneyGram from 2016 to 2024, during which he also served as chairman. The move unwinds a s Show less Read more
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