Bitcoin Depot loses ~50.9 BTC ($3.7M) in cybersecurity incident; deems event material

Bitcoin Depot Inc.

Unauthorized actor transferred 50.903 Bitcoin (~$3.665M) from company wallets on or around March 23, 2026.
Incident confined to corporate environment; no evidence customer data accessed or customer platforms affected.
Preliminary loss estimate of $3.665M recorded; investigation ongoing with external cybersecurity experts.
Company maintains insurance but no assurance coverage will be sufficient; full financial impact undetermined.
Deemed material on April 6, 2026 due to potential reputational, legal, regulatory and response costs.

Key facts

Extracted from this filing and checked against the source text.

Cybersecurity Incidents SEC 8-K Item 1.05 confidence 0.9

Bitcoin Depot Inc. disclosed a cybersecurity incident: Unauthorized party gained access to certain information technology systems, obtained control of credentials associated with digital asset settlement accounts, and transferred approximately 50.903 Bitcoin from Company-controlled wallets without authorization. Impact: Incident has not had a material impact on operations; preliminary estimate of loss of approximately $3.665 million; full impact not yet determined. Company determined it material. Discovered 2026-03-23.

Nature: Unauthorized party gained access to certain information technology systems, obtained control of credentials associated with digital asset settlement accounts, and transferred approximately 50.903 Bitcoin from Company-controlled wallets without authorization.
Impact: Incident has not had a material impact on operations; preliminary estimate of loss of approximately $3.665 million; full impact not yet determined.
Materiality: determined material
Discovery: 2026-03-23

Exact text from the filing

On March 23, 2026, Bitcoin Depot Inc. (the “Company”) discovered that an unauthorized party gained access to certain of its information technology systems.

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Bitcoin Depot Inc. filing history →

Source: SEC EDGAR

accession 0001193125-26-147772

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