secwatch.observer — SEC 8-K summary
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Issuer:     Bitcoin Depot Inc. (BTM)
CIK:        0001901799
Form:       8-K
Filed at:   2025-11-13T23:59:59+00:00
Accession:  0001193125-25-279033
Event type: earnings
Sentiment:  positive
Materiality: 0.75
Item codes: 2.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Bitcoin Depot Q3 revenue up 20% to $162.5M; net income up 139% to $5.5M
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- Q3 revenue $162.5M (+20% YoY); gross profit $28.2M (+40% YoY); margin 17.4% vs 14.9%.
- Net income $5.5M ($0.08/share) vs net loss of $0.9M (-$0.05/share) in Q3 2024.
- Adjusted EBITDA $16.1M, up 75% YoY; cash & digital assets >$70M.
- Growth driven by kiosk expansion, higher median transaction size, and disciplined cost management.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1901799/000119312525279033/0001193125-25-279033-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1901799/000119312525279033/btm-20251113.htm
  HTML page:      https://secwatch.observer/filing/0001193125-25-279033

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer