---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-26-147772"
form_type: "8-K"
ticker: "BTM"
cik: "0001901799"
company_name: "Bitcoin Depot Inc."
filed_at: "2026-04-08T23:59:59+00:00"
generated_at: "2026-05-15T06:55:57.823468+00:00"
event_type: "cyber"
sentiment: "negative"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001193125-26-147772
- form_type: 8-K
- ticker: BTM
- cik: 0001901799
- company_name: Bitcoin Depot Inc.
- filed_at: 2026-04-08T23:59:59+00:00
- event_type: cyber
- sentiment: negative
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 1.05, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1901799/000119312526147772/0001193125-26-147772-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1901799/000119312526147772/btm-20260406.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-26-147772
- JSON: https://secwatch.observer/filing/0001193125-26-147772.json
- Plain text: https://secwatch.observer/filing/0001193125-26-147772.txt

## Key facts
- Cybersecurity Incidents
  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
  source text: On March 23, 2026, Bitcoin Depot Inc. (the “Company”) discovered that an unauthorized party gained access to certain of its information technology systems.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1901799/000119312526147772/0001193125-26-147772-index.htm

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