Every 8-K that Bitcoin Depot Inc. Warrant (BTMWW) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 8-K covers material events a company has to report between its quarterly 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. has filed voluntary Chapter 11 bankruptcy cases in the U.S. Bankruptcy Court for the Southern District of Texas to conduct an orderly wind-down of operations and a sale of its assets. Its network of Bitcoin ATMs has been taken offline, and the company’s Canadian entities will also be part of the court‑supervised process, with other non‑U.S. entities winding down under local law.
The Chapter 11 filing triggered an event of default under the company’s term loan credit agreement, although creditor enforcement is stayed by the Bankruptcy Code. Bitcoin Depot has issued WARN Act notices to all employees, including executives, with executive terminations currently anticipated to be effective July 17, 2026, after a 60‑day notice period. The board appointed restructuring specialist Ivona Smith as an independent director and member of a new Restructuring Committee under an agreement providing $30,000 in monthly fees and additional daily fees for extensive services.
The company cautions that trading in its securities is highly speculative during the Chapter 11 process and states that holders of its Class A common stock could experience a significant or complete loss of their investment, depending on the case outcome.
Bitcoin Depot Inc. reported it cannot file its Q1 2026 10-Q on time and disclosed severe business pressures that raise substantial doubt about its ability to continue as a going concern. The delay stems from a material weakness in its cash-in-transit reconciliation process and the added complexity of recent events.
Preliminary results for the quarter ended March 31, 2026 show revenue down $80.7 million, or 49.2%, versus a year earlier, driven by regulatory limits on Bitcoin ATMs and tighter compliance controls. Gross profit fell to $4.5 million from $31.2 million, and results swung from net income of $12.2 million to a net loss of $9.5 million. Cash and cash equivalents declined from $65.6 million at December 31, 2025 to $44.0 million at March 31, 2026.
The company recorded over $20 million of legal judgments in Q4 2025 and continues to face significant litigation and regulatory challenges. Management is evaluating options such as debt restructuring, cost cuts, asset sales and other strategic transactions, which may not succeed. Separately, Bitcoin Depot approved lump-sum retention bonuses of $600,000 for its CFO and $550,000 for its General Counsel, which become non-forfeitable upon a change in control or after nine months, subject to specified repayment conditions if they leave earlier.
Bitcoin Depot Inc. reported a cybersecurity incident in which an unauthorized actor accessed certain corporate information technology systems and obtained credentials for its digital asset settlement accounts. Using these, the actor transferred approximately 50.903 Bitcoin, valued at about $3.665 million as of the incident date, from company-controlled wallets without authorization.
The company believes the incident was contained to its corporate environment and did not affect customer platforms, divisions, systems, data or environments, and it has found no evidence so far that customer personally identifiable information was accessed. Bitcoin Depot has recorded a preliminary estimated loss of $3.665 million and is working with external cybersecurity experts and law enforcement while reinforcing its systems.
The company determined the incident is material due to potential consequences such as reputational harm and legal, regulatory and response costs, but currently believes it is not reasonably likely to have a material impact on its overall financial condition or results of operations. Insurance coverage may offset some losses, though recovery is not assured.
Bitcoin Depot amended a prior report to detail new compensation arrangements for its leadership team. New CEO and Executive Chairman W. Alexander Holmes will receive a $1,000,000 base salary, an annual bonus targeted at least equal to salary with a $500,000 minimum for 2026, and a $500,000 cash sign-on bonus subject to partial clawback if he departs early.
Holmes is also granted a performance cash award with a $1,500,000 target and up to $3,000,000 maximum tied to 2026 results, plus 742,574 restricted stock units vesting through March 2029 and severance protections, including enhanced benefits after a change in control. CFO David Gray receives a $900,000 retention bonus paid over one year, while General Counsel Christopher Ryan receives a $400,000 base salary, a target bonus equal to 50% of salary, 99,010 restricted stock units vesting through March 2029, and a $300,000 retention bonus.
Bitcoin Depot Inc. announced a major leadership transition, with Scott Buchanan resigning as Chief Executive Officer and board member, effective March 23, 2026. Founder Brandon Mintz also stepped down as Executive Chairman and will remain on the board as a non-executive director and advisor to the CEO.
The board appointed Alex Holmes as Chief Executive Officer and Chairman, effective March 23, 2026. Holmes has served on the board since August 2025 and previously led MoneyGram International as Chairman and CEO from 2016 to 2024, bringing deep experience in global payments, fintech, blockchain adoption and regulatory compliance.
The company highlights this transition as part of its evolution beyond its core Bitcoin ATM network into a broader fintech and digital asset platform. Bitcoin Depot operates over 9,000 kiosks globally and a BDCheckout product in thousands of retail locations, and states that Holmes will focus on operational stability, regulatory progress and accelerating platform diversification.
Bitcoin Depot Inc. reported mixed results for 2025, with full-year revenue rising 7% to $614.9 million and gross profit up 30% to $105.6 million. Gross margin improved to 17.2%, and Adjusted EBITDA grew 42% to $56.4 million, reflecting better underlying profitability.
However, net income fell to $5.1 million from $7.8 million, largely due to an $18.5 million accrual for an arbitration judgment and other non-recurring items. Fourth-quarter results were notably weaker, with revenue down to $116.0 million, gross margin compressing, and a net loss of $24.9 million.
The company ended 2025 with $76.6 million in cash, cash equivalents, and cryptocurrencies and significantly higher operating cash flow of $34.0 million. Management expects 2026 core-business revenue to decline 30%–40% amid new state regulations and stricter compliance, which they view as supportive of long-term industry stability.
Bitcoin Depot Inc. is implementing a one-for-seven reverse stock split of its Common Stock, effective at 12:01 a.m. Eastern time on February 23, 2026. The Class A Common Stock will continue trading on Nasdaq under the symbol BTM on a split-adjusted basis from that date, with a new CUSIP of 09174P 303.
The split will reduce outstanding shares of Class A Common Stock from 35,495,968 to approximately 5,070,852 and Class M Common Stock from 37,846,102 to approximately 5,406,586, with cash paid in lieu of fractional shares. Warrant terms and equity awards under the 2023 Omnibus Incentive Plan, as well as other convertible securities, will be proportionately adjusted, while authorized share counts and par values remain unchanged. The company also reduced the shares registered on its 2023 Form S-8 from 7,536,807 to 1,076,686 to reflect the split.
Bitcoin Depot Inc. announced that its Board of Directors appointed Scott Buchanan as President of the company, effective August 28, 2025. He will continue in his existing roles as Chief Operating Officer and as a member of the Board.
The filing outlines Mr. Buchanan’s prior roles at the company, including Chief Financial Officer and Acting Chief Financial Officer, as well as earlier finance and HR leadership positions and prior experience at Acuity Brands. The company states there are no special arrangements or family relationships tied to his appointment and that none of his existing compensation or benefit arrangements were changed in connection with this new title.
Bitcoin Depot Inc. filed an 8-K to correct its previously filed Form 10-Q for the quarter ended June 30, 2025 by adding insider trading plan disclosures that were inadvertently omitted. The company reports that on May 31, 2025, CEO Brandon Mintz and entities he owns adopted a Rule 10b5-1 trading arrangement for the potential sale of up to 8,000,000 shares of Class A Common Stock, ending when all such shares are sold or on May 31, 2026. It also discloses that on April 8, 2025, President and COO Scott Buchanan adopted a separate Rule 10b5-1 trading arrangement for the potential sale of up to 125,000 shares of Class A Common Stock, ending when all such shares are sold or on June 15, 2026. Rule 10b5-1 plans allow insiders to pre-arrange securities transactions under predetermined terms.
Bitcoin Depot Inc. appointed Alex Holmes to its Board of Directors, effective August 20, 2025, filling a vacancy created by a prior director resignation. He will serve until the next annual stockholder meeting and has also joined the Board’s Audit Committee.
The Board determined that Holmes qualifies as an independent director under Nasdaq rules and meets financial literacy requirements for Audit Committee service. He currently serves as Executive Vice Chairman of United Texas Bank and has extensive leadership experience from his prior roles, including Chairman and CEO of MoneyGram International, Inc. His board compensation terms will be set and disclosed later in an amendment.
Bitcoin Depot Inc. furnished an update on its business by issuing a press release with its financial and operational results for the quarter ended June 30, 2025. The company filed a current report to make this press release publicly available and attached it as Exhibit 99.1. The press release itself contains the detailed quarterly figures and commentary, while the information in this report, including Exhibit 99.1, is designated as furnished rather than filed under securities laws.