Bitcoin Depot Seeks Chapter 11, Shuts 9,000+ Bitcoin ATMs as State Bans and Fee Pressure Crush Unit Economics

Bitcoin Depot filed Chapter 11 in Texas and closed 9,000+ crypto ATMs. Revenue fell 49.2% in Q1 2026, stock slid 79.48%, amid state bans, caps, and rising compliance and litigation costs.

Citi Says Bitcoin’s Quantum Risk Is Higher Than Ethereum’s—Because Coordination Moves Slower

Quantum advances could pressure Bitcoin before Ethereum. Citi flags governance inertia, exposed public keys, and a 2030–2032 Q‑Day window. Here’s what really matters now.

U.S. Led $1.07B Crypto Fund Outflows End 6-Week Streak as Altcoins Buck the Trend

Crypto funds saw $1.07B in weekly outflows, ending a six-week inflow streak. U.S. products drove -$1.14B as Europe and Canada posted modest inflows. Bitcoin, Ethereum bled; XRP, Solana gained.

Hive Digital Soars 26% as Bitcoin Miner Leans Into 320MW Ontario AI Data Center

Hive Digital’s stock hit a 2026 high after unveiling a 320MW “AI Gigafactory” near Toronto. A C$3.5B build aims for sovereign AI capacity, 130k GPUs, and H2 next-year launch.

Swan Bitcoin Faces Nearly $1B Clawback Fight Tied to Prime Trust Collapse

PCT Litigation Trust sues Swan Bitcoin in Delaware, seeking nearly $1B over alleged insider-driven asset transfers before Prime Trust’s 2023 bankruptcy, including 11,992 BTC.

Iran’s ‘Hormuz Safe’ Bitcoin Marine Insurance Targets $10B—but Transparency Cuts Both Ways

Iran’s IRGC is backing “Hormuz Safe,” a Bitcoin-settled shipping insurance plan for the Strait of Hormuz that officials say could raise $10B. Sanctions, traceability, and insurer buy-in are the real tests.

Strategy Taps Preferred Shares to Fund $2B Bitcoin Buy as STRC Stays Near Par

Strategy issued nearly $2B of Stretch (STRC) preferred shares ahead of its ex-dividend date to acquire 24,869 BTC, lifting holdings to 843,738 BTC worth $64.4B.

Bitcoin slips below $77K as bond yields spike; $1B ETF outflows and $672M liquidations amplify $70K risk

Bitcoin dipped under $77K as the 10-year Treasury hit 4.63%. Spot ETFs saw $1B in weekly outflows and crypto liquidations topped $672M. Watch $77K and ETF flows.

Bitcoin Depot files Chapter 11 to wind down as shifting U.S. rules squeeze crypto ATMs

Bitcoin Depot filed for Chapter 11 to wind down, citing changing regulations. What this signals for cash-based crypto on-ramps, compliance costs, and the future of Bitcoin kiosks.

Verus–Ethereum bridge exploit still active, $11.6M drained across tBTC, ETH, and USDC

An active exploit on the Verus–Ethereum bridge has siphoned $11.6M, including 103.6 tBTC, 1,625 ETH, and 147,000 USDC. Here’s what the asset mix signals and how bridges can curb damage.