Bitcoin Depot disclosed that hackers stole about $3.7 million in bitcoin from company-controlled wallets after gaining access to internal credentials tied to its crypto settlement accounts.

The Nasdaq-listed crypto ATM operator said in an SEC filing on Wednesday that it detected unauthorized access to parts of its IT systems on March 23. The company said the attacker gained control of credentials linked to its digital asset settlement accounts and transferred out about 50.9 bitcoin, valued at roughly $3.66 million at the time of the theft.

Bitcoin Depot said the breach was limited to its corporate environment and did not affect customer platforms, systems or data.

“Upon…

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