Bitcoin Depot Inc. Schedule 13G/A (Amendment No. 5) reports that certain LMR investment manager entities and principals beneficially own warrants exercisable into 357,322 shares of Class A common stock as of March 31, 2026. The filing states the 357,322 shares represent approximately 5.9% of Class A common stock, based on 5,722,398 shares outstanding as of March 12, 2026. The warrants are held directly by LMR Multi-Strategy Master Fund Limited and LMR CCSA Master Fund Ltd and the reporting persons state shared voting and dispositive power over the 357,322 issuable shares.
Positive
None.
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Insights
LMR reports a 5.9% stake via warrants exercisable into 357,322 shares.
The filing documents that the economic interest is held through two master funds that own warrants for 178,661 shares each, totaling 357,322 shares issuable upon exercise. The percentage is computed using 5,722,398 shares outstanding as of March 12, 2026.
Key dependencies include exercise decisions by the funds and the timing of any exercises; cash‑flow treatment and exercise terms are not detailed in the provided excerpt, so subsequent filings would show whether these warrants convert to voting shares.
Filing is an amended Schedule 13G showing investment manager attribution and shared dispositive power.
The statement attributes beneficial ownership to the LMR Investment Managers and identifies Ben Levine and Stefan Renold as controlling voting and investment decisions for those managers. It includes a certification about foreign regulatory comparability and an undertaking to provide additional Schedule 13D information if requested.
Voting and disposition powers are disclosed as shared over 357,322 shares; any change in control, exercise, or transfer would require updated reporting per securities rules.
Key Figures
Warrants exercisable:357,322 sharesPercent of class:5.9%Outstanding shares used:5,722,398 shares+1 more
4 metrics
Warrants exercisable357,322 sharesissuable upon exercise as of <date>March 31, 2026</date>
Percent of class<percent>5.9%</percent>based on 5,722,398 shares outstanding as of <date>March 12, 2026</date>
Outstanding shares used5,722,398 sharesshares outstanding as of <date>March 12, 2026</date>
Warrants per master fund178,661 shareswarrants held by each of two master funds (LMR Master Fund and LMR CCSA Master Fund)
Key Terms
warrants exercisable, beneficially owned, shared dispositive power
3 terms
warrants exercisablefinancial
"holds warrants to purchase 178,661 shares of Class A Common Stock"
beneficially ownedregulatory
"Amount beneficially owned: The information required by Items 4(a) - (c)"
Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.
What stake does LMR report in Bitcoin Depot (BTM)?
LMR reports beneficial ownership of warrants exercisable into 357,322 shares, representing approximately 5.9% of Class A common stock based on 5,722,398 shares outstanding as of March 12, 2026. The warrants are held by two master funds managed by LMR.
Are the 357,322 shares currently outstanding or issuable for BTM?
The filing states the 357,322 figure is the number of shares issuable upon exercise of warrants held by the funds. It identifies these as exercisable warrants rather than currently outstanding common stock and attributes shared voting and dispositive power over them.
Who among LMR controls voting and investment decisions for the BTM holdings?
The filing identifies the LMR Investment Managers collectively and names Ben Levine and Stefan Renold as ultimately controlling voting and investment decisions for the securities held by the referenced funds managed by LMR.
What outstanding share count does the Schedule 13G/A use to calculate the percentage?
The Schedule 13G/A uses 5,722,398 shares of Class A common stock outstanding as of March 12, 2026 as the base to calculate that the 357,322 issuable shares equal approximately 5.9% of the class.
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
SCHEDULE 13G
UNDER THE SECURITIES EXCHANGE ACT OF 1934
(Amendment No. 5)
Bitcoin Depot Inc
(Name of Issuer)
Class A common stock, par value $0.0001 per share
(Title of Class of Securities)
09174P303
(CUSIP Number)
03/31/2026
(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)
schemaVersion:
SCHEDULE 13G
CUSIP Number(s):
09174P303
1
Names of Reporting Persons
LMR Partners LLP
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
UNITED KINGDOM
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
357,322.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
357,322.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
357,322.00
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)
5.9 %
12
Type of Reporting Person (See Instructions)
IA, PN
SCHEDULE 13G
CUSIP Number(s):
09174P303
1
Names of Reporting Persons
LMR PARTNERS Ltd
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
HONG KONG
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
357,322.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
357,322.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
357,322.00
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)
5.9 %
12
Type of Reporting Person (See Instructions)
CO, IA
SCHEDULE 13G
CUSIP Number(s):
09174P303
1
Names of Reporting Persons
LMR Partners LLC
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
0.00
6
Shared Voting Power
357,322.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
357,322.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
357,322.00
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)
5.9 %
12
Type of Reporting Person (See Instructions)
IA, OO
SCHEDULE 13G
CUSIP Number(s):
09174P303
1
Names of Reporting Persons
LMR Partners AG
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
SWITZERLAND
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
357,322.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
357,322.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
357,322.00
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)
5.9 %
12
Type of Reporting Person (See Instructions)
CO, IA
SCHEDULE 13G
CUSIP Number(s):
09174P303
1
Names of Reporting Persons
LMR PARTNERS (DIFC) Ltd
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
UNITED ARAB EMIRATES
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
357,322.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
357,322.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
357,322.00
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)
5.9 %
12
Type of Reporting Person (See Instructions)
CO, IA
SCHEDULE 13G
CUSIP Number(s):
09174P303
1
Names of Reporting Persons
LMR Partners (Ireland) Limited
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
IRELAND
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
357,322.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
357,322.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
357,322.00
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)
5.9 %
12
Type of Reporting Person (See Instructions)
CO, IA
SCHEDULE 13G
CUSIP Number(s):
09174P303
1
Names of Reporting Persons
Ben Levine
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
UNITED KINGDOM
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
357,322.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
357,322.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
357,322.00
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)
5.9 %
12
Type of Reporting Person (See Instructions)
HC, IN
SCHEDULE 13G
CUSIP Number(s):
09174P303
1
Names of Reporting Persons
Stefan Renold
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
SWITZERLAND
Number of Shares Beneficially Owned by Each Reporting Person With:
5
Sole Voting Power
0.00
6
Shared Voting Power
357,322.00
7
Sole Dispositive Power
0.00
8
Shared Dispositive Power
357,322.00
9
Aggregate Amount Beneficially Owned by Each Reporting Person
357,322.00
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)
5.9 %
12
Type of Reporting Person (See Instructions)
HC, IN
SCHEDULE 13G
Item 1.
(a)
Name of issuer:
Bitcoin Depot Inc
(b)
Address of issuer's principal executive offices:
8601 Dunwoody Place, Sandy Springs, Georgia, 30350
Item 2.
(a)
Name of person filing:
This statement is filed by: (i) LMR Partners LLP, LMR Partners Limited, LMR Partners LLC, LMR Partners AG, LMR Partners (DIFC) Limited and LMR Partners (Ireland) Limited (collectively, the "LMR Investment Managers"), which serve as the investment managers to certain funds with respect to the shares of Class A common stock, par value $0.0001 per share ("Class A Common Stock"), held by certain funds; and (ii) Ben Levine and Stefan Renold, who are ultimately in control of the investment and voting decisions of the LMR Investment Managers with respect to the securities held by certain funds. The foregoing persons are hereinafter sometimes collectively referred to as the "Reporting Persons."
(b)
Address or principal business office or, if none, residence:
The address of the principal business office of each of the Reporting Persons is c/o LMR Partners LLP, 9th Floor, Devonshire House, 1 Mayfair Place, London, W1J 8AJ, United Kingdom.
(c)
Citizenship:
LMR Partners LLP is a United Kingdom limited liability partnership. LMR Partners Limited is a Hong Kong corporation. LMR Partners LLC is a Delaware limited liability company. LMR Partners AG is a Swiss corporation. LMR Partners (DIFC) Limited is a United Arab Emirates corporation. LMR Partners (Ireland) Limited is a limited company incorporated in Ireland. Ben Levine is a citizen of the United Kingdom. Stefan Renold is a citizen of Switzerland.
(d)
Title of class of securities:
Class A common stock, par value $0.0001 per share
(e)
CUSIP No.:
09174P303
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).
Investment Adviser
Item 4.
Ownership
(a)
Amount beneficially owned:
The information required by Items 4(a) - (c) is set forth in Rows 5 - 11 of the cover page for each of the Reporting Persons and is incorporated herein by reference.
As of March 31, 2026:
The shares of Class A Common Stock beneficially owned by the Reporting Persons are directly held by LMR Multi-Strategy Master Fund Limited ("LMR Master Fund") and LMR CCSA Master Fund Ltd ("LMR CCSA Master Fund"). Each of LMR Master Fund and LMR CCSA Master Fund directly holds warrants to purchase 178,661 shares of Class A Common Stock, with a total of 357,322 shares of Class A Common Stock issuable upon the exercise of warrants (the "LMR Shares").
(b)
Percent of class:
As of March 31, 2026:
The shares of Class A Common Stock issuable upon the exercise of the warrants held by each of LMR Master Fund and LMR CCSA Master Fund represent approximately 3.0% and the LMR Shares in the aggregate represent approximately 5.9% of the outstanding shares of Class A Common Stock, based on 5,722,398 shares of Class A Common Stock of the Issuer outstanding as of March 12, 2026, as reported in the Issuer's Form 10-K filed with the Securities and Exchange Commission on March 18, 2026, plus shares that may be acquired by such Reporting Persons within 60 days.
(c)
Number of shares as to which the person has:
(i) Sole power to vote or to direct the vote:
As of March 31, 2026, each of the Reporting Persons had sole power to vote or direct the vote of 0 shares of Class A Common Stock.
(ii) Shared power to vote or to direct the vote:
As of March 31, 2026, each of the Reporting Persons had shared power to vote or direct the vote of 357,322 shares of Class A Common Stock.
(iii) Sole power to dispose or to direct the disposition of:
As of March 31, 2026, each of the Reporting Persons had sole power to dispose or to direct the disposition of 0 shares of Class A Common Stock.
(iv) Shared power to dispose or to direct the disposition of:
As of March 31, 2026, each of the Reporting Persons had shared power to dispose or to direct the disposition of 357,322 shares of Class A Common Stock.
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.
If any other person is known to have the right to receive or the power to direct the receipt of dividends from, or the proceeds from the sale of, such securities, a statement to that effect should be included in response to this item and, if such interest relates to more than 5 percent of the class, such person should be identified. A listing of the shareholders of an investment company registered under the Investment Company Act of 1940 or the beneficiaries of employee benefit plan, pension fund or endowment fund is not required.
The securities beneficially owned by the Reporting Persons are directly held by LMR Master Fund and LMR CCSA Master Fund, for which the LMR Investment Managers serve as the investment managers.
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.
By signing below I certify that, to the best of my knowledge and belief, the foreign regulatory scheme applicable to LMR Partners LLP, LMR Partners Limited, LMR Partners AG, LMR Partners (DIFC) Limited and LMR Partners (Ireland) Limited is substantially comparable to the regulatory scheme applicable to the functionally equivalent U.S. institution(s). I also undertake to furnish to the Commission staff, upon request, information that would otherwise be disclosed in a Schedule 13D.
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.
