The total number of Bitcoin ATMs declined sharply in the first half of 2026, with the United States accounting for almost all of the decline.
Data collected by Finbold for its H1 2026 Cryptocurrency Market Report shows that the global number of Bitcoin ATMs fell from 39,158 on January 1, 2026, to 28,322 by June 30, 2026, representing a loss of 10,836 machines, or 27.7%, over the six-month period.
The decline was driven overwhelmingly by losses in the United States, where the country’s BTC ATM network shrank from 30,617 to 20,237 machines, a reduction of 10,380, or a 33.9% drop. Meaning the U.S. accounted for approximately 95.8%, or about 96%, of all global Bitcoin ATM losses in H1 2026.
Elsewhere the losses were comparatively modest in other regions. For example, neighbouring Canada saw its network decrease by 57 machines from 3,660 to 3,603, while Europe collectively lost 102 Bitcoin ATMs, the number falling from 1,760 to 1,658.
Australia posted the largest decline outside North America, with its Bitcoin ATM locations dropping from 1,986 to 1,758, an 11% loss of 228 machines.
U.S. accounts for almost all Bitcoin ATM losses
The figures highlight the extent to which the global contraction was concentrated in the U.S. Of the 10,836 Bitcoin ATMs out of order worldwide during the first half of the year, roughly 95.8% came from the U.S. market alone.
Comparing the figures with those from last year, the drop becomes much more notable, as crypto ATMs rose from 37,722 on January 1, 2025, to 38,726 by June 30, 2025, representing a net increase of 1,004 machines globally, with the U.S. adding 513.
Still, despite the significant reduction, the U.S. remains by far the world’s largest BTC ATM market, accounting for approximately 71.5% of all active machines globally at the end of June.
The decline of physical crypto infrastructure
What the data seems to suggest is rather that operators have become increasingly cautious when it comes to maintaining physical crypto infrastructure in a period of increased volatility and sector-wide losses that amounted to around $890 billion in the specified period.
It is also worth mentioning that the drop in the number of cryptocurrency ATMs was also exacerbated by the fact that Bitcoin Depot (NASDAQ: BTM), one of the machine operators, filed for chapter 11 bankruptcy in May.
Indeed, the company had suffered a major security breach in the month prior, losing nearly $4 million before deciding to file for bankruptcy due to what it described as adverse changes in the country’s regulatory landscape.
The overall losses coincided with more than $955 million stolen in crypto hacks and over 26,000 Bitcoin millionaire addresses disappearing.
Featured image via Shutterstock
