[SCHEDULE 13G/A] Bitcoin Depot Inc. Warrant SEC Filing

Rhea-AI Filing Summary

Aristeia Capital, L.L.C. reports beneficial ownership of 2,182,289 redeemable warrants issued by Bitcoin Depot Inc., representing approximately 7.96% of the class. Each warrant is exercisable for one share of Class A common stock at an exercise price of $11.50 per share. The filing states the percentage was calculated using a denominator of 27,432,444 (which reflects 25,250,155 shares reported outstanding plus the number of warrants). The Reporting Person discloses sole voting and dispositive power over these warrants and certifies the holdings were acquired and are held in the ordinary course of business and not for the purpose of changing control.

Positive

• Material stake disclosed: Aristeia beneficially owns 2,182,289 warrants, a notable 7.96% of the class.
• Clear exercise terms: Each warrant is exercisable for one Class A share at an exercise price of $11.50.
• Sole control: The filer reports sole voting and dispositive power over the warrants.
• Passive intent certified: The Reporting Person certifies the securities are held in the ordinary course and not to influence control.

Negative

• None.

Insights

Securities Analyst

TL;DR: Aristeia holds a material, passive stake of 2.18M warrants (7.96%), with sole control over voting and disposition.

The Schedule 13G/A shows Aristeia beneficially owns 2,182,289 warrants exercisable one-for-one at $11.50, equating to 7.96% of the class using the filer’s stated denominator of 27,432,444. This is a material disclosure because it exceeds the 5% threshold that typically triggers investor attention. The filer asserts the position is held in the ordinary course and not to influence control, consistent with a passive disclosure under Rule 13d-1(c). The sole voting and dispositive power over the warrants indicates operational control of the position rather than shared stewardship.

Corporate Governance Expert

TL;DR: This is a routine, passive 13G disclosure showing significant warrant ownership but no declared intent to seek control.

Filing as a Schedule 13G/A, rather than a 13D, signals a non-activist stance; the certification explicitly states the securities were not acquired to change or influence control. The filing quantifies mechanics: warrants convert one-for-one at $11.50 and the ownership percentage was computed using the issuer’s reported share count plus warrants. For governance readers, the key takeaways are the material size of the position (7.96%) and the filer’s clear assertion of passive intent, reducing immediate governance or control concerns reflected by this disclosure.

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

(Amendment No. 2)

Bitcoin Depot Inc.

(Name of Issuer)

Redeemable Warrants, each 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)

06/30/2025

(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 2,182,289.00
6	Shared Voting Power 0.00
7	Sole Dispositive Power 2,182,289.00
8	Shared Dispositive Power 0.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

2,182,289.00

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)

7.96 %

12

Type of Reporting Person (See Instructions)

IN, HC

SCHEDULE 13G

Item 1.
(a)	Name of issuer: Bitcoin Depot Inc.
(b)	Address of issuer's principal executive offices: 3343 Peachtree Road NE, Atlanta, Georgia, 30326
Item 2.
(a)	Name of person filing: Aristeia Capital, L.L.C., a Delaware limited liability company (the "Reporting Person")
(b)	Address or principal business office or, if none, residence: The address of the principal business office of the Reporting Person is One Greenwich Plaza, Suite 300 Greenwich, CT 06830
(c)	Citizenship: Delaware
(d)	Title of class of securities: Redeemable Warrants, each 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 2,182,289 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 7.96% of the outstanding shares. This percentage was determined by dividing 2,182,289 by 27,432,444, which is the sum of (i) 25,250,155, which is the number of shares outstanding as of June 30, 2025, as reported in the Issuer's 10-Q for the quarterly period ended June 30, 2025, filed with the SEC on August 12, 2025 and (ii) the number of Warrants.
(b)	Percent of class: 7.96 %
(c)	Number of shares as to which the person has:
	(i) Sole power to vote or to direct the vote: 2,182,289
	(ii) Shared power to vote or to direct the vote: 0
	(iii) Sole power to dispose or to direct the disposition of: 2,182,289
	(iv) Shared power to dispose or to direct the disposition of: 0
Item 5.	Ownership of 5 Percent or Less of a Class.
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:	08/14/2025