Bitcoin Depot Examined Sep 25, 2026 Chapter 11, May 2026 Machines offline

Bitcoin Depot is in bankruptcy and its machines are switched off. Do not feed one your cash.

GoneBitcoin Depot has been liquidated, under a plan that took effect on August 24, 2026. There is no bonus, no working machine, and no company on the other end. This page exists to stop you sending money into a wind-down.
Chapter 11 filed May 2026Kiosks sold, company liquidatedTwo state consumer alertsExamined Sep 25
This offer is over, and so is the business behind it. Bitcoin Depot's own press release, dated May 18, 2026 and filed with the SEC, is headed “Bitcoin Depot Initiates Voluntary Chapter 11 Process to Facilitate an Orderly Wind-Down and Sale of the Company’s Assets.” Its investor site and its main website no longer load. Offline
A machine that still has a screen is not a machine that still works. Bitcoin Depot's kiosks, the cash-in bitcoin ATMs you see in convenience stores, are physical objects that stay bolted to the floor of a shop long after the company running them stops. The company's press release says it plainly: “The Company’s network of BTMs has been taken offline.” BTM is the industry's term for these kiosks. The same release quotes its CEO: “Under these circumstances, the Company’s current business model is unsustainable.” The court then approved the sale of the kiosks in July. A July 1 court notice named Bitcoin Bancorp as the winning bidder for 2,547 of them and for the Bitcoin Depot mobile app, with smaller lots going to CalTel, Coin Connection and Unbank. So a former Bitcoin Depot machine may light up again under another company's name. That is a different business, and nothing on this page vouches for it.
$0There is no Bitcoin Depot sign-up bonus, no referral reward, and no working kiosk. Every figure you will find quoted online predates the bankruptcy by seven years

We keep this page up rather than deleting it because the bonus blogs have not. Search for a Bitcoin Depot promo code today and you will still be offered a tidy $15 for spending $150 within 90 days. Those numbers come from third-party deal blogs published in 2018 and 2019, and at least one of them already labels both the sign-up bonus and the referral as expired. Bitcoin Depot's own website, referral pages included, no longer loads at all.

What pays what

The “$15 sign-up bonus” still listed on deal blogs$0, expired since 2019
The “up to $300” ATM-siting referral Bitcoin Depot once advertisedNo live business behind it
Cash put into a Bitcoin Depot kiosk todayThe network is offline
A claim in the Chapter 11 caseGeneral deadline passed July 21, 2026

That $300 line is worth explaining, because it is the only referral we ever found on Bitcoin Depot's own site: up to $300 for finding a new location to host a Bitcoin Depot ATM. It was never a consumer bonus, the page that offered it no longer loads, and a company that has sold its kiosks is not installing new ones.

Do this, in this order

  1. Do not put cash into a Bitcoin Depot machine, today or later. The network came down with the May 2026 filing. Cash kiosks are the one category where a dead operator can still physically take your money, and there is no support desk left to call when the bitcoin does not arrive.
  2. Treat any Bitcoin Depot bonus you find online as an artifact. The $15 figures are 2018 and 2019 blog numbers, not company terms. If a site is confidently listing a live Bitcoin Depot promo in 2026, it has not looked at the company since before the bankruptcy.
  3. If you have money or bitcoin tied up, act through the bankruptcy, not the app. The Chapter 11 case, No. 26-90528, is in the US Bankruptcy Court for the Southern District of Texas, with Kroll as claims agent. The general deadline to file a claim was July 21, 2026 (November 23, 2026 for government bodies), and the plan of liquidation took effect on August 24, 2026, passing what is left to a Liquidation Trust. If you missed the deadline or never heard anything, call the case hotline, (844) 339-4117, and ask where you stand. Take that number from Kroll’s case site, which still lists it, not from an email, because a collapsed brand is exactly the kind of thing impostors use.
  4. Read your state regulator's alert if you are in one of the states that issued one. Louisiana's Office of Financial Institutions published a Bitcoin Depot consumer alert on July 6, 2026, confirming the bankruptcy filing and that the ATM network is offline. The Arkansas Securities Department published one on July 7, 2026, saying the company “has filed for bankruptcy and ceased operations,” that Arkansas consumers may be eligible for compensation, and that 19 consumers there are owed a total of $33,312 in refunds and will be contacted directly. If you live elsewhere, your own state regulator is still the right first call.
  5. If what you actually wanted was crypto with a bonus attached, go to a company that is still trading.

Why this page has no buttons to Bitcoin Depot

Because there is nothing left to send you to.

Read the bankruptcy announcementBitcoin Depot's May 18, 2026 Chapter 11 press release, as filed with the SEC.
See a crypto offer that still existsKraken’s help pages say $20 for one real crypto trade.

Is it worth your time?

No, and the interesting part is why the question is still being asked. Bonus listings outlive the companies they describe, because nobody goes back to delete them. We have read a lot of expired offers, and this is the version that actually hurts people: a cash machine on a shop floor, a bonus figure with a 2018 birthday, and a company that said in May that its business model is unsustainable and has since been liquidated. If you came here to check whether a Bitcoin Depot code still works, the honest answer is that the code is the least of it. The machines are off or sold. Keep your cash.

Second opinions

The ATM network is offline
there is no bonus and no working machine
Read the bankruptcy notice