US Dominates Bitcoin ATM Decline as Global Network Shrinks by 27%

The first half of 2026 saw a significant decline in Bitcoin ATMs worldwide, with the US accounting for nearly all global losses. According to Finbold's H1 2026 Cryptocurrency Market Report, the global number of Bitcoin ATMs decreased from 39,158 at the end of 2025 to 28,322 by June 30, 2026, a loss of 10,836 machines or 27.7%. The US was disproportionately affected, with its Bitcoin ATM network falling from 30,617 to 20,237 machines, resulting in a reduction of 10,380 ATMs and accounting for approximately 95.8% of all global losses.

Finbold's report suggests that the contraction marks a sharp reversal from the first half of 2025 when the global Bitcoin ATM network expanded by 1,004 machines, including 513 new installations in the US. The decline was driven in part by the Chapter 11 bankruptcy filing of Bitcoin Depot in May 2026, one of North America's largest Bitcoin ATM operators.

The report highlights that while the US remained the world's largest Bitcoin ATM market at the end of June, accounting for approximately 71.5% of all active machines globally, the decline suggests operators are reassessing costs, compliance pressures, and demand amid weaker market conditions.