Bitcoin Depot has flagged severe doubts about its ability to continue as a going concern in a recent filing. The company cited more than $20 million in legal judgments from late 2025 and ongoing litigation that is hurting revenue.
Bitcoin Depot reported accruing over $20 million in legal judgments during the fourth quarter of 2025. It pointed to ongoing litigation matters that have reduced revenue, which has fallen sharply since the prior year.
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Coinbase shares recovered 10 percent from session lows on Friday following a weaker-than-expected first-quarter report and a multi-hour trading outage tied to Amazon Web Services failures. Bitcoin held above $80,000 while several altcoins posted gains of 5 to 12 percent.
Metaplanet posted higher operating profit for the first quarter, supported by income from bitcoin holdings. The company nevertheless recorded a $728 million loss from valuation markdowns after bitcoin prices fell sharply.
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Exodus Movement sold more than 1,000 bitcoin in the first quarter to raise cash for its payments acquisitions. The company reported a wider net loss as revenue declined sharply.
Bitcoin fell 1.7% to around $67,600 on Tuesday, influenced by rising geopolitical concerns and outflows from exchange-traded funds. The cryptocurrency's price movement mirrored declines in equity futures, highlighting its growing ties to broader market sentiment. Investors are showing caution due to tensions around Iran and uncertainties in AI's economic role and Federal Reserve policies.