other_material
confidence high
sentiment neutral
materiality 0.40
Bitcoin Depot announces 1:7 reverse stock split effective Feb 23, 2026
Bitcoin Depot Inc.
- Ratio 1:7, effective 12:01 a.m. ET on Feb 23, 2026; symbol BTM unchanged.
- Pre-split shares outstanding: ~35.5M Class A and ~37.8M Class M; post-split ~5.07M and ~5.41M.
- Warrant exercise price adjusted from $11.50 to $80.50; terms proportionally adjusted.
- No fractional shares; cash payment based on VWAP for 5 trading days pre-effective.
- Authorized share count unchanged; all equity awards and plan reserves proportionally adjusted.
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