---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-25-290629"
form_type: "8-K"
ticker: "BTM"
cik: "0001901799"
company_name: "Bitcoin Depot Inc."
filed_at: "2025-11-21T23:59:59+00:00"
generated_at: "2026-05-16T17:43:15.585099+00:00"
event_type: "leadership"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# Bitcoin Depot founder Mintz becomes Exec Chairman; Buchanan to CEO, Simer COO

## Summary
- Scott Buchanan (current President/COO) named CEO effective Jan 1, 2026; base salary $850K, target bonus 75%.
- Founder Brandon Mintz steps down as CEO to become Executive Chairman; base salary $765K, target bonus 75%.
- Elizabeth Simer appointed COO, effective Nov 17, 2025; base salary $300K, target bonus $100K.
- Mintz will focus on strategic growth and M&A; Buchanan to run day-to-day operations.
- All appointments approved by Board; no family relationships or reportable transactions disclosed.

## SEC filing metadata
- accession: 0001193125-25-290629
- form_type: 8-K
- ticker: BTM
- cik: 0001901799
- company_name: Bitcoin Depot Inc.
- filed_at: 2025-11-21T23:59:59+00:00
- event_type: leadership
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 5.02, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1901799/000119312525290629/0001193125-25-290629-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1901799/000119312525290629/d845053d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-25-290629
- JSON: https://secwatch.observer/filing/0001193125-25-290629.json
- Plain text: https://secwatch.observer/filing/0001193125-25-290629.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.