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

Rhea-AI Filing Summary

Welch Capital Partners, LLC filed a Schedule 13G reporting beneficial ownership of 1,285,190 shares of Bitcoin Depot Inc. Class A common stock, representing 5.1% of the class. The filing states Welch Capital has sole voting and sole dispositive power over those shares and that the holdings are held in the ordinary course of business and not for the purpose of changing or influencing control. The report lists Welch Capital's address in Harrison, New York, and identifies the filer as an investment adviser organized in New York.

Positive

• Transparent disclosure of a 1,285,190-share position representing 5.1% of Bitcoin Depot's Class A common stock
• Clear allocation of voting and dispositive power (sole voting and sole dispositive power reported), aiding investor understanding of ownership control

Negative

• None.

Insights

Securities Analyst

TL;DR: A 5.1% passive stake by an investment adviser signals a notable, non-control holding that investors should note for ownership concentration.

Welch Capital Partners reports a 5.1% position with sole voting and dispositive power, filed on a Schedule 13G which indicates passive intent rather than an activist stance. For investors, a disclosed >5% holder can affect float and voting outcomes in aggregate, but the filer certifies holdings are not intended to influence control. No additional transactions, agreements, or group affiliations are disclosed that would imply coordinated action.

Corporate Governance Expert

TL;DR: This is a routine, compliant disclosure of a >5% position with no indicated plans to change company control.

The filing shows clear attribution of voting and dispositive power to Welch Capital and the required certification that the stake is held in the ordinary course of business. Because the filer used Schedule 13G rather than 13D, the filing signals passive ownership under disclosure rules. There are no statements of intent, group formation, or related-party arrangements reported that would raise immediate governance concerns.

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

Bitcoin Depot Inc.

(Name of Issuer)

Class A Common Stock, par value $0.0001 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

WELCH CAPITAL PARTNERS LLC/NY

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

NEW YORK

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 1,285,190.00
6	Shared Voting Power 0.00
7	Sole Dispositive Power 1,285,190.00
8	Shared Dispositive Power 0.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

1,285,190.00

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)

5.1 %

12

Type of Reporting Person (See Instructions)

IA

SCHEDULE 13G

Item 1.
(a)	Name of issuer: Bitcoin Depot Inc.
(b)	Address of issuer's principal executive offices: 3343 PEACHTREE ROAD NE, SUITE 750, ATLANTA, GEORGIA, 30326
Item 2.
(a)	Name of person filing: Welch Capital Partners, LLC
(b)	Address or principal business office or, if none, residence: 500 Mamaroneck Avenue, Suite 320, Harrison, NY 10528
(c)	Citizenship: A New York limited liability company
(d)	Title of class of securities: Class A Common Stock, par value $0.0001 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: 1,285,190
(b)	Percent of class: 5.1 %
(c)	Number of shares as to which the person has:
	(i) Sole power to vote or to direct the vote: 1,285,190
	(ii) Shared power to vote or to direct the vote: 0
	(iii) Sole power to dispose or to direct the disposition of: 1,285,190
	(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.

WELCH CAPITAL PARTNERS LLC/NY

Signature:	Christopher W. Welch
Name/Title:	Chief Compliance Officer
Date:	08/14/2025

FAQ

What stake does Welch Capital Partners hold in Bitcoin Depot (BTMWW)?

Welch Capital Partners beneficially owns 1,285,190 shares, representing 5.1% of the Class A common stock.

Does Welch Capital intend to influence control of Bitcoin Depot?

The filer certified the shares are held in the ordinary course of business and are not held for the purpose of changing or influencing control.

Does Welch Capital share voting or dispositive power with others?

No. The filing reports sole voting power and sole dispositive power for all 1,285,190 shares and 0 shared power.

What form was filed and what does it signify?

A Schedule 13G was filed, which under SEC rules generally indicates passive investment rather than an activist intent to influence control.

Where is Welch Capital Partners organized and located?

The filer is a New York limited liability company with a principal business address at 500 Mamaroneck Avenue, Suite 320, Harrison, NY 10528.