[Bitcoin Depot: 'Substantial Doubt' About Continued Operations Due to Ongoing Litigation and Challenging Regulatory Environment] According to a report by Jinse Finance, cryptocurrency ATM company Bitcoin Depot stated that there is 'substantial doubt' about its ability to continue operations due to ongoing litigation and a challenging regulatory environment. On Tuesday, Bitcoin Depot's Chief Financial Officer David Gray submitted a 10-Q form to the U.S. Securities and Exchange Commission (SEC), revealing that the company had accumulated over $20 million in legal judgment compensation and 'ongoing litigation matters' by the fourth quarter of 2025. The company also reported that its 'revenue has significantly declined year-over-year' due to laws and regulations enacted by U.S. state and local governments that prohibit or restrict cryptocurrency ATMs. The report stated: 'Due to these factors, management believes there is substantial doubt about the company's ability to continue as a going concern.'