Highest-materiality recent filing
Bitcoin Depot files Chapter 11; Nasdaq to suspend BTM stock and warrants on May 26
Filed Chapter 11 petitions on May 17, 2026 in Southern District of Texas.
Bitcoin Depot files Chapter 11 to wind down; common stock likely worthless
Voluntary Chapter 11 petitions filed May 17, 2026, to wind down operations and facilitate asset sale.
Bitcoin Depot Q1 revenue drops 49.2%, net loss $9.5M, going concern doubt
Revenue fell $80.7M YoY (49.2%) to ~$83.5M; gross profit down 85.5% to $4.5M.
Bitcoin Depot loses ~50.9 BTC ($3.7M) in cybersecurity incident; deems event material
Unauthorized actor transferred 50.903 Bitcoin (~$3.665M) from company wallets on or around March 23, 2026.
Bitcoin Depot appoints former MoneyGram CEO Alex Holmes as Chairman and CEO
Scott Buchanan resigned as CEO and director effective March 23, 2026; no disagreement with company.
Bitcoin Depot FY2025 rev $615M (+7% YoY), net income $5.1M; Q4 revenue down 15% YoY; acquires Kutt
Full year 2025 revenue $614.9M, +7% YoY; net income $5.1M vs $7.8M in 2024; adjusted EBITDA $56.4M, +42% YoY.
Bitcoin Depot subsidiary BitAccess hit with $18.47M arbitration award
Arbitral tribunal awarded $18.47M to Cash Cloud for alleged breaches of 2020 Master Purchase Agreement.
Bitcoin Depot Q3 revenue up 20% to $162.5M; net income up 139% to $5.5M
Q3 revenue $162.5M (+20% YoY); gross profit $28.2M (+40% YoY); margin 17.4% vs 14.9%.
Bitcoin Depot raises $15M via registered direct offering of 4.29M shares at $3.50/share
Offering of 4,285,716 Class A common shares at $3.50 each; gross proceeds ~$15M.
Bitcoin Depot reports preliminary Q3 2025 revenue ~$160M, up 18% YoY; adjusted EBITDA up ~50%
Preliminary Q3 2025 revenue ~$160M, 18% increase from $135.3M in Q3 2024.
Bitcoin Depot discloses omitted 10b5-1 trading plans; CEO plans sale of up to 8M shares
CEO Brandon Mintz adopted a 10b5-1 plan on May 31, 2025 to sell up to 8 million shares of Class A common stock, expiring May 31, 2026.
Bitcoin Depot Q2 revenue $172.1M (+6% YoY); net income surges 183% to $12.3M
Revenue $172.1M (+6% YoY); net income $12.3M (+183% YoY) from $4.4M.
Eliminated Up-C structure via merger; CEO Brandon Mintz and affiliates received 41,193,024 newly issued Class M common shares.
Bitcoin Depot Q1 revenue $164.2M (+19% YoY); net income $12.2M vs loss $4.2M
Revenue $164.2M, up 19% YoY from $138.5M; net income $12.2M vs net loss $4.2M.
Bitcoin Depot Q1 revenue $164.2M (+19% YoY); announces Up-C restructuring to simplify structure
Q1 net income $12.2M vs net loss $4.2M YoY; diluted EPS $0.20 vs ($0.25).
Bitcoin Depot Q4 net income swings to $5.4M; adjusted EBITDA up 34% to $12.0M
Q4 revenue $136.8M (-8% YoY); net income $5.4M vs net loss $1.7M in Q4 2023.
Bitcoin Depot reports preliminary Q4 2024 revenue of $135-137M, adjusted EBITDA up 22-44% YoY
Revenue expected $135-137M, roughly flat vs Q3 2024 ($135.3M) but down from Q4 2023 ($148.4M).
Bitcoin Depot CFO Glen Leibowitz resigns; COO Scott Buchanan named Acting CFO
CFO Glen Leibowitz resigned effective Nov 15, 2024 for personal reasons; no disagreements with company.
Bitcoin Depot Q3 revenue $135.3M (-25% YoY); net income up 116% to $2.3M
Revenue $135.3M vs $179.5M in Q3 2023, down 25% due to California legislation and kiosk relocation.
Bitcoin Depot dismisses KPMG as auditor, appoints Wolf; unremediated material weaknesses disclosed
Dismissed KPMG as independent auditor on Aug 23, 2024, effective immediately; audit committee approved.
Bitcoin Depot Q2 net income $4.4M vs loss YoY; revenue $163.1M down 17% YoY but up 18% QoQ
Revenue $163.1M, down 17% YoY but up 18% QoQ from Q1 2024; operating expenses fell to $18.8M.
Bitcoin Depot Q1 revenue $138.5M (-15% YoY), net loss $4.2M vs net income $6.1M
Revenue $138.5M, down 15% YoY; gross profit $14.4M (10.4% margin vs 11.9%).
Bitcoin Depot adds $15.7M Tranche B Term Loan at 17% interest, matures June 2026
Borrowed $15.7M additional term loan under existing credit agreement on March 26, 2024.
Bitcoin Depot reports FY2023 revenue up 7% to $689M; Adj. EBITDA +37% to $56M; Q1 guidance provided
FY2023 revenue $689M (+7% YoY); net income $1.6M (down 54%); Adjusted EBITDA $56.4M (+37%).
Bitcoin Depot Q3 revenue $179.5M (+3%); Adj EBITDA $13.9M (+21% YoY)
Revenue of $179.5M, up 3% from $174.8M in Q3 2022.
Bitcoin Depot Q2 revenue $197.5M (+18% YoY); net loss $6.1M vs prior-year income $4.1M
Record revenue of $197.5M, up 18% from $167.5M in Q2 2022.
Bitcoin Depot Q2 revenue guidance $196-198M (+17-18% YoY); FY23 EBITDA guide $56-59M
Preliminary Q2 2023 revenue between $196M and $198M, up 17-18% from $168M in Q2 2022.
Bitcoin Depot completes de-SPAC merger with GSR II Meteora, starts trading July 3
Closing occurred June 30; public shares redeemed (3.69M for $38.6M); PIPE of 4.3M Series A Preferred issued.
GSR II Meteora shareholders approve Bitcoin Depot merger; ~$38.6M redeemed
Business combination with Bitcoin Depot approved with 14,145,061 votes for, 39,597 against.
On May 13, 2026, the Board of Directors (the “Board”) of the Company, upon the recommendation of the Nominating and Corporate Governance Committee of the Board, appointed Ivona Smith to the Board, effective May 13, 2026.
On June 19, 2025, Mark Smalley, Chief Compliance Officer of Bitcoin Depot, Inc. (the “Company”), departed from the Company.
the Board of Directors (the “Board”) has appointed David M. Gray as Chief Financial Officer of the Company, effective as of March 24, 2025.
Mr. Scott Buchanan, who has been serving as Acting CFO and Principal Financial Officer since November 15, 2024, has stepped down as Acting CFO effective as of March 24, 2025, but will remain the Company’s Principal Financial Officer through March 31, 2025.
the Board has appointed Scott Buchanan, the Company’s current Chief Operating Officer (“COO”) and a member of the Board, to the role of Acting CFO and Principal Financial Officer effective as of the date of Mr. Leibowitz’s resignation, while maintaining his role as the Company's COO.
Glen Leibowitz has resigned from his role as Chief Financial Officer (“CFO”) of the Company, effective November 15, 2024, for personal reasons.
On June 27, 2024, the Board of Directors (the “Board”) of Bitcoin Depot Inc. (the “Company”), upon the recommendation of the Nominating and Corporate Governance Committee of the Board, appointed Ms. Teri G. Fontenot to the Board, effective July 1, 2024, to fill the vacancy on the Board caused by the resignation of Jackie Marks.
On February 5, 2024, Jackie Marks informed the Board of Directors (the “Board”) of Bitcoin Depot Inc. (the “Company”) of her intention to step down from the Board of the Company, effective on July 1, 2024.
Joseph Tonnos resigned from his position as GSR’s Chief Financial Officer and Director
Gus Garcia resigned from his positions as GSR’s Co-Chief Executive Officer and Director
Lewis Silberman resigned from his positions as GSR’s Co-Chief Executive Officer and Director
Anantha Ramamurti resigned from his positions as President and Director
Max materiality 1.00 · Median 0.65 · Most common event earnings