The company purchased 100 Bitcoin ATMs from Bitaccess, Inc. in August 2021, which included a per-transaction fee. These machines, located in El Salvador, were branded as Athena and Chivo. The agreement ended when Bitaccess, Inc. was acquired by another company, terminating the contract and associated fees. As of December 31, 2025, these ATMs are no longer active and are in storage.
The company previously held a contract with Genesis Coin, Inc. (operating as BitcoinATM.com) from October 1, 2015, until September 12, 2024. This contract was terminated following a confidential settlement related to litigation. After termination, the company ceased all commercial and operational relationships with Genesis Coin, Inc., replaced their software with proprietary ATM software, and transitioned to other ATM manufacturers and service providers for hardware and support. The termination did not materially impact the company’s operations.
Athena Bitcoin Global's Comment on Supply Chain
The company purchased 100 Bitcoin ATMs from Bitaccess, Inc. in August 2021, which included a per-transaction fee. These machines, located in El Salvador, were branded as Athena and Chivo. The agreement ended when Bitaccess, Inc. was acquired by another company, terminating the contract and associated fees. As of December 31, 2025, these ATMs are no longer active and are in storage.
The company previously held a contract with Genesis Coin, Inc. (operating as BitcoinATM.com) from October 1, 2015, until September 12, 2024. This contract was terminated following a confidential settlement related to litigation. After termination, the company ceased all commercial and operational relationships with Genesis Coin, Inc., replaced their software with proprietary ATM software, and transitioned to other ATM manufacturers and service providers for hardware and support. The termination did not materially impact the company’s operations.
Sources:
Athena Bitcoin Global's official press releases and regulatory filings; CSIMarket.com's supply-chain research; and the financial filings and press releases of other companies cited in this report.
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