Milestones

Bitcoin Depot was founded by Brandon Mintz to provide convenient access to cryptocurrencies through a network of Bitcoin ATMs.

Alex Holmes, former CEO of MoneyGram, joined the Bitcoin Depot board of directors, bringing extensive experience in the money transmission industry.

A significant leadership transition occurred where Scott Buchanan resigned as CEO, and Alex Holmes was appointed as the new CEO and Chairman.

Connecticut state regulators summarily suspended the company's money-transmission license, halting all operations in the state due to alleged compliance failures.