All offers / Crypto / Bitcoin Depot

Bitcoin Depot Examined Jul 27, 2026 Chapter 11, May 18, 2026 Machines offline

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

Think twiceis the mildest label we have, and it is not strong enough for this. 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 18, 2026Network offline the same dayTwo state consumer alertsExamined Jul 24
This offer is over, and so is the business behind it. Bitcoin Depot's own investor page carries the announcement, dated May 18, 2026: "Bitcoin Depot Initiates Voluntary Chapter 11 Process to Facilitate an Orderly Wind-Down and Sale of the Company's Assets." 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. Bitcoin Depot's own restructuring notice, dated May 21, 2026, says it plainly: "Effective immediately, the Company's network of BTMs has been taken offline." BTM is the industry's term for these kiosks. The company also states that "under these circumstances, our current business model is unsustainable," and its homepage now warns that "new mobile app logins are no longer active."
$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 when you spend $150 within 90 days, plus $15 for a friend." 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 referral page now serves generic homepage content with no program on it at all, and its free-bitcoin page has gone.

What pays what

The "$15 sign-up bonus" still listed on deal blogs$0, expired since 2019
The "$15 referral" for sending a friend$0, expired since 2019
The "up to $300" ATM-siting referral in Bitcoin Depot's own FAQNo live business behind it
Cash put into a Bitcoin Depot kiosk todayThe network is offline
A claim filed in the Chapter 11 caseWhatever the court process returns

That $300 line is worth explaining, because it is the only referral Bitcoin Depot itself ever described on a current page: "Earn up to $300 per referral when you find a new location to host a Bitcoin Depot ATM." It was never a consumer bonus. It paid you for finding a shop willing to house a kiosk, and a company in an orderly wind-down is not installing kiosks.

Do this, in this order

  1. Do not put cash into a Bitcoin Depot machine, today or later. The network came down on May 18, 2026. 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 is in the US Bankruptcy Court for the Southern District of Texas, and the restructuring is administered with Kroll as claims agent. Bitcoin Depot published a restructuring hotline on (844) 339-4117. Confirm that number on the company's own restructuring page before you call it, 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," and that Arkansas consumers may be eligible for compensation. 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. A referral link into a company in wind-down is the worst thing a site like this can publish, so there is none here and there never was.

Read the bankruptcy announcementBitcoin Depot's own investor page, carrying the May 18, 2026 Chapter 11 notice.
See a crypto offer that still existsKraken pays up to $75 a side, examined the same day as this page.

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 told the court in May that its business model is unsustainable. 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. Keep your cash.

Second opinions

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

New bonuses worth claiming, the ones that quietly get worse, and every new guide as we publish it.

No schedule, no filler, unsubscribe in one click.