According to CoinATMRadar data, only 94 Bitcoin ATMs have been added to the global network in the past six months, starting in July 2022. This compares to the addition of 4,169 ATMs in the first half of 2022. Bitcoin ATM manufacturer BitAccess has seen a relative decline in ATM installations during this period, while other manufacturers have reported relatively steady growth in their ATM installations.

The growth rate has dropped significantly, which may be due to the poor market environment and some regulatory reasons.