Here are the 10-Q quarterly reports from Bitcoin Depot Inc. Warrant (BTMWW) in our archive since June 2025, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-Q covers the quarterly report filed between annual reports, so if you follow BTMWW and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full BTMWW filings page.
Bitcoin Depot Inc. filed an amended quarterly report to add missing disclosure about insider trading plans, without changing any financial statements. The amendment explains that CEO Brandon Mintz and entities he owns adopted a Rule 10b5-1 plan on May 31, 2025, covering potential sales of up to 8 million shares of Class A common stock through May 31, 2026. President and COO Scott Buchanan adopted a separate Rule 10b5-1 plan on April 8, 2025, for potential sales of up to 125,000 Class A shares through June 15, 2026. As of August 11, 2025, the company had 26,888,604 Class A and 41,193,024 Class M shares outstanding.
Bitcoin Depot reported stronger operating performance for the quarter ended June 30, 2025. Revenue rose to $172.1 million from $163.1 million a year earlier, driven principally by sales at its BTM kiosks. Income from operations increased to $15.7 million versus $7.6 million in the prior year period, and consolidated net income was $12.3 million for the quarter. Net income attributable to common stockholders turned positive at $6.1 million versus a loss of $2.6 million in the prior-year quarter, reflecting improved operating margins and lower depreciation.
Balance sheet and cash flow strengthened: cash and equivalents rose to $48.0 million from $29.5 million, operating cash flow was $26.4 million for the six months, and cryptocurrencies held increased to $11.6 million. The company completed an Up-C Restructuring on May 30, 2025 that made BT HoldCo a wholly owned subsidiary and terminated the Tax Receivable Agreement, with a cash payment of $8.4 million to former BT Assets holders. Material risks disclosed include evolving cryptocurrency regulation, dependency on kiosk placement partners, debt obligations and uninsured cash in BTMs.