10,380 Bitcoin ATMs Disappear in the US Alone... Accounting for 96% of Global Decline

▲ Bitcoin (BTC) ATM ©CoinReaders

According to crypto media outlet Finbold on July 2 (local time), the number of Bitcoin (BTC) Automated Teller Machines (ATMs) worldwide decreased from 39,158 to 28,322 in the first half of this year, a reduction of 10,836 units (27.7%). Notably, 10,380 units disappeared in the United States alone, accounting for approximately 95.8% (about 96%) of the global decline.

Bitcoin ATMs in the U.S. decreased by 33.9% from 30,617 on January 1st this year to 20,237 on June 30th. In contrast, the decline in other regions was relatively limited. Canada saw a decrease of 57 units, from 3,660 to 3,603, and Europe saw a decrease of 102 units, from 1,760 to 1,658. Australia experienced the largest decline outside North America, with 228 units (11%) reduced from 1,986 to 1,758.

The media analyzed that this decline was virtually concentrated in the U.S. market. Approximately 95.8% of the 10,836 Bitcoin ATMs that ceased operations worldwide in the first half of this year were in the United States. However, despite the significant decrease, the U.S. maintained its status as the largest market, holding approximately 71.5% of the world's operational Bitcoin ATMs as of the end of June.

Compared to last year, the change is even more pronounced. In the first half of 2025, the number of Bitcoin ATMs worldwide increased by 1,004 units from 37,722 to 38,726, with 513 new installations in the United States. However, this year saw a reversal of this trend, leading the global decline.

Finbold analyzed that the increasing volatility in the cryptocurrency market and the industry's losses of approximately $890 billion in the first half of the year led operators to become more cautious about maintaining offline infrastructure. Additionally, Bitcoin Depot, a Bitcoin ATM operator, filing for Chapter 11 bankruptcy protection in May was cited as a factor contributing to the increased decline. The company experienced a security incident worth approximately $4 million before filing for bankruptcy, and changes in the U.S. regulatory environment were also presented as background for the bankruptcy. The media added that this decline coincided with the first half of the year seeing cryptocurrency hacking damages exceeding $955 million and a decrease of over 26,000 Bitcoin millionaire addresses.

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