Strategy Inc. has significantly increased its Bitcoin holdings by purchasing 24,869 BTC for approximately $2.01 billion, as disclosed in an 8-K filing. This acquisition, made between May 11 and 17, raises the company's total Bitcoin holdings to 843,738 coins, with an average purchase cost of $75,700 per BTC. The purchase was funded through ATM equity sales, continuing Strategy's systematic accumulation strategy. In a separate development, Bitcoin Depot, North America's largest Bitcoin ATM operator, has filed for Chapter 11 bankruptcy. The company aims for an orderly liquidation and sale of assets, with all 9,000+ terminals taken offline. The filing follows regulatory challenges and a significant decline in revenue, with first-quarter earnings dropping 49% year-over-year. Bitcoin Depot's stock plummeted 75% following the announcement. Meanwhile, BitFuFu reported producing 207 BTC in April, a slight decrease from March. The company mined 43 BTC directly and 164 BTC via cloud mining, increasing its total holdings to 1,882 BTC. BitFuFu's operational power consumption stands at 457 MW, with a managed hash rate of 25.9 EH/s.