How a major convenience store chain became a hub for crypto scams [CNN]
Bitcoin Depot Inc. - Class A (BTM)
Company Research
Source: CNN
Yet another elderly victim had just fed thousands of dollars into the device after being tricked by a scammer. “I hate these machines,” the manager told police in Niceville, Florida, according to body-camera footage of the September incident. “I'd like to get them out of the stores.” He's not alone. Thousands of Americans, many of them retirees on limited budgets, lost more than a quarter of a billion dollars this year to scams that fooled them into using crypto ATMs – machines that turn cash into hard-to-recover cryptocurrency. And scores of those victims were fleeced by scammers inside stores owned by Circle K, one of the crypto ATM industry's biggest corporate partners. A joint investigation by CNN and the International Consortium of Investigative Journalists found that Circle K has made millions by renting space to crypto ATMs – even amid mounting evidence that the machines are playing a key role in international fraud schemes that exasperate local police called repeated
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BTM
News
- Download the CNN app [CNN]CNN
- Bitcoin Depot Hit With $18.5M Award – Faces Dual Lawsuits Over “Crippling” ATM Failures [Yahoo! Finance]Yahoo! Finance
- Chapter 11 bankrupt crypto firm scores millions in arbitration win [Yahoo! Finance]Yahoo! Finance
- Bitcoin Depot appoints Scott Buchanan as CEO, Elizabeth Simer as COO [Yahoo! Finance]Yahoo! Finance
- Bitcoin Depot: Stellar Q3, But Soft Near-Term Outlook Dampens Momentum [Seeking Alpha]Seeking Alpha
BTM
Earnings
- 11/13/25 - Beat
BTM
Sec Filings
- 12/9/25 - Form 3
- 12/9/25 - Form 3
- 12/3/25 - Form 4
- BTM's page on the SEC website