Welcome to our dedicated page for Athena Bitcoin Global SEC filings (Ticker: ABIT), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
Athena Bitcoin Global filings document material-event disclosures for a Nevada digital asset fintech operator. Its Form 8-K disclosures cover capital-structure and financing matters, including repayment and termination of obligations under a secured convertible debenture, a senior secured loan agreement and a security agreement, with related-party context. The filings also identify the company as an emerging growth company and note that it has no securities registered under Section 12(b) of the Exchange Act.
Athena Bitcoin Global reported sharply weaker results for the three months ended March 31, 2026. Revenue fell to $37.2M from $72.6M a year earlier, mainly from lower Bitcoin ATM and OTC trading volumes. Gross profit dropped to $2.2M from $8.1M, and the company posted a net loss of $0.5M versus net income of $2.6M in 2025.
Operating expenses declined but not enough to offset the revenue contraction, leading to a small operating loss. Cash, cash equivalents and restricted cash were $14.8M, with $1.4M provided by operating activities and $1.7M used in financing, including repayments on insurance financing and obligations tied to prior equipment and service agreements.
Total assets decreased to $58.1M from $69.5M at year-end, largely as property, equipment and right-of-use assets continued to amortize and short-term debt was reduced to $2.7M. The company remains highly equity-financed, with 4.10 billion common shares outstanding and stockholders’ equity of $14.8M. It continues to depend heavily on Bitcoin ATM revenues, exposure to crypto price volatility and a concentrated receivable from El Salvador’s Chivo program, while also managing ongoing legal proceedings and a structured settlement related to marketing texts.
Athena Bitcoin Global describes its 2025 business as a crypto-focused financial services company built around a global Bitcoin ATM network and related services. As of June 30, 2025, non‑affiliate common equity had an approximate market value of $49.4 million, based on a $0.05 share price, and as of March 6, 2026, there were 4,095,009,545 common shares outstanding.
The company operated 2,953 Athena-branded Bitcoin ATMs across the United States, Puerto Rico, Mexico, Colombia, Argentina, and El Salvador at December 31, 2025, plus a separately contracted Chivo-branded fleet for the Government of El Salvador. Its core products include two‑way Bitcoin ATMs, over‑the‑counter "Athena Plus" trades, a white‑label service for Chivo, Athena Pay merchant processing, and a new affiliates program for independent operators.
A reverse stock split at a one‑for‑three hundred ratio was approved by majority shareholders in July 2025 but had not been implemented or reflected in the report. The company details its private financings, including 8% convertible debentures originally totaling $3.1 million, and notes that on November 24, 2025 it voluntarily repaid approximately $3.036 million to retire the remaining secured debenture. It also discloses a $9 million termination and settlement with Taproot governing Bitcoin ATM equipment and revenue‑share obligations, which produced a reported loss on extinguishment of debt of $5.283 million.
Athena Bitcoin Global voluntarily repaid in full approximately $3 million of debt owed to KGPLA Holdings LLC on November 24, 2025 under an Amended and Restated Secured Convertible Debenture.
With this repayment, the Company’s obligations under the Convertible Debenture, a related Senior Secured Loan Agreement, and a Security Agreement with KGPLA were terminated, and all associated collateral is required to be released by KGPLA.
The prepayment was funded entirely with cash on hand, and the Company did not incur any prepayment penalties in connection with the transaction.
Athena Bitcoin Global reported third-quarter results showing lower activity and a swing to loss. Revenue was $57.4 million for Q3 2025, down from $69.4 million a year earlier, as gross profit slipped to $7.2 million from $8.1 million. Operating income was $2.9 million versus $4.1 million last year.
The company recorded a $4.6 million loss on extinguishment of debt, contributing to a net loss of $2.5 million in Q3 2025 compared with net income of $2.3 million in Q3 2024. For the nine months, revenue totaled $192.9 million (prior year $221.7 million) and net income was $1.6 million (prior year $12.2 million).
Cash from operations for the nine months was $7.7 million, with cash and equivalents of $14.6 million and restricted cash held for customers of $2.8 million as of September 30, 2025. Bitcoin ATMs remained the core business, generating $56.6 million of Q3 revenue, mostly in the U.S. The company adopted fair value accounting for crypto assets in 2025, recording an unrealized loss of $14 thousand in Q3. Shares outstanding were 4,095,009,545 as of November 13, 2025.