Aristeia Capital (BTM) discloses 5.76% stake via 2.17M Bitcoin Depot warrants

Rhea-AI Filing Summary

Aristeia Capital, L.L.C. filed an amended Schedule 13G reporting its beneficial ownership of 2,169,191 warrants of Bitcoin Depot Inc. Each whole warrant is exercisable for one share of Class A common stock at an exercise price of $11.50 per share.

The filing states this position represents 5.76% of the outstanding shares, calculated by dividing 2,169,191 by 37,665,159, which is the sum of 35,495,968 shares outstanding as of January 12, 2026 and the reported warrants. Aristeia reports sole voting and dispositive power over all 2,169,191 warrants.

Aristeia certifies the securities were acquired and are held in the ordinary course of business, and not for the purpose of changing or influencing control of Bitcoin Depot, other than activities solely in connection with a nomination under Rule 14a-11.

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

(Amendment No. 3)

Bitcoin Depot Inc.

(Name of Issuer)

Warrants, each whole warrant exercisable for one share of Class A Common Stock at an exercise price of $11.50 per share

(Title of Class of Securities)

09174P105

(CUSIP Number)

12/31/2025

(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

Rule 13d-1(b)

Rule 13d-1(c)

Rule 13d-1(d)

SCHEDULE 13G

CUSIP No. 09174P105

1

Names of Reporting Persons

Aristeia Capital, L.L.C.

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

DELAWARE

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 2,169,191.00
6	Shared Voting Power 0.00
7	Sole Dispositive Power 2,169,191.00
8	Shared Dispositive Power 0.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

2,169,191.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

5.76 %

12

Type of Reporting Person (See Instructions)

IA, OO

SCHEDULE 13G

Item 1.
(a)	Name of issuer: Bitcoin Depot Inc.
(b)	Address of issuer's principal executive offices: 2870 Peachtree Road NE, Suite 750, Atlanta, Georgia 30305
Item 2.
(a)	Name of person filing: Aristeia Capital, L.L.C.
(b)	Address or principal business office or, if none, residence: One Greenwich Plaza, Suite 300, Greenwich, CT 06830
(c)	Citizenship: Delaware
(d)	Title of class of securities: Warrants, each whole warrant exercisable for one share of Class A Common Stock at an exercise price of $11.50 per share
(e)	CUSIP No.: 09174P105
Item 3.	If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)	Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)	Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)	Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)	Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)	An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)	An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)	A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)	A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)	A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)	A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J), please specify the type of institution:
(k)	Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.	Ownership
(a)	Amount beneficially owned: The Reporting Person may be deemed to be the beneficial owner of 2,169,191 Warrants, each whole warrant exercisable for one share of Class A Common Stock at an exercise price of $11.50 per share (the "Warrants"), which is approximately 5.76% of the outstanding shares. This percentage was determined by dividing 2,169,191 by 37,665,159, which is the sum of (i) 35,495,968, which is the number of shares outstanding as of January 12, 2026, as reported in the Issuer's DEF 14C, filed with the SEC on January 23, 2026 and (ii) the number of Warrants.
(b)	Percent of class: 5.76%
(c)	Number of shares as to which the person has:
	(i) Sole power to vote or to direct the vote: 2,169,191
	(ii) Shared power to vote or to direct the vote: 0
	(iii) Sole power to dispose or to direct the disposition of: 2,169,191
	(iv) Shared power to dispose or to direct the disposition of: 0
Item 5.	Ownership of 5 Percent or Less of a Class.
	Not Applicable
Item 6.	Ownership of more than 5 Percent on Behalf of Another Person.
	Not Applicable
Item 7.	Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
	Not Applicable
Item 8.	Identification and Classification of Members of the Group.
	Not Applicable
Item 9.	Notice of Dissolution of Group.
	Not Applicable

Item 10.

Certifications:

By signing below I certify that, to the best of my knowledge and belief, the securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under ?? 240.14a-11.

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

Aristeia Capital, L.L.C.

Signature:	/s/ Andrew B. David
Name/Title:	Andrew B. David / Chief Operating Officer, Aristeia Capital, L.L.C.
Date:	02/17/2026

FAQ

What ownership in Bitcoin Depot Inc. (BTM) does Aristeia Capital report?

Aristeia Capital reports beneficial ownership of 2,169,191 warrants of Bitcoin Depot Inc. This position represents 5.76% of the outstanding shares, based on 37,665,159 shares and warrants calculated from a January 12, 2026 share count.

What type of Bitcoin Depot (BTM) security is covered in this Schedule 13G/A?

The filing covers Bitcoin Depot warrants, each whole warrant exercisable for one share of Class A common stock. The exercise price for each share is $11.50, linking the derivative security directly to the company’s equity.

How did Aristeia Capital calculate its 5.76% beneficial ownership in BTM?

The 5.76% figure comes from dividing 2,169,191 warrants by 37,665,159 shares and warrants. That denominator combines 35,495,968 shares outstanding as of January 12, 2026 and the reported warrants, as described in Bitcoin Depot’s DEF 14C.

Does Aristeia Capital have voting and dispositive power over its Bitcoin Depot warrants?

Yes. Aristeia Capital reports sole voting power and sole dispositive power over 2,169,191 warrants. It reports no shared voting power and no shared dispositive power over these Bitcoin Depot securities in this Schedule 13G/A.

Is Aristeia Capital seeking to influence control of Bitcoin Depot (BTM)?

Aristeia certifies the securities were acquired and are held in the ordinary course of business. It states they were not acquired to change or influence control of Bitcoin Depot, other than activities solely tied to a nomination under Rule 14a-11.

What is the key date referenced for Bitcoin Depot’s share count in this filing?

The ownership calculation uses a share count as of January 12, 2026. The filing cites 35,495,968 shares outstanding on that date, as reported in Bitcoin Depot’s DEF 14C filed on January 23, 2026, plus Aristeia’s 2,169,191 warrants.