ADDED
7262(b)) by the registered public accounting firm that prepared or issued its audit report.
The aggregate market value of voting and non-voting common equity held by non-affiliates of the registrant as of June 30, 2025 was approximately $ 114 million (b ased upon the $5.07 closing price on the NASDAQ).
As of March 12, 2026, the registrant had 5,722,398 share s outstanding of Class A common stock, par value $0.0001 per share, no shares outstanding of Series A preferred stock, par value $0.0001 per share, no shares outstanding of Class E common stock, par value $0.0001 per share, an d 5,406,586 shares outstanding of Class M common stock, par value $0.0001 per share.
You should read this Annual Report on Form 10-K and the documents that we reference in and have filed as exhibits to this Annual Report on Form 10-K completely and with the understanding that our actual future results may be materially different from what we expect.
Business Our Business Business Overview Bitcoin Depot owns and operates the largest network of Bitcoin ATMs ( BTMs or, kiosks ) across North America where customers can buy and sell Bitcoin.
Our mobile app includes a buy online feature that connects consumers to a third-party service, Simplex powered by Nuvei, that allows consumers to buy Bitcoin without going to a kiosk or using BDCheckout.
As of December 31, 2025, our offerings included approximately 9,700 BTMs in retailer locations throughout the U.S., Canada, Australia and Hong Kong, our BDCheckout product, which is accepted at approximately 16,300 retail locations, and our mobile app.
We are the exclusive provider and operator of BTMs for Circle K in the U.S.
and Canada, and as of December 31, 2025, we have installed our BTMs in approximately 800 Circle K stores.
As of December 31, 2025, Circle K has provided notice that it will not renew its contract with us.
REMOVED
The aggregate market value of voting and non-voting common equity held by non-affiliates of the registrant as of June 30, 2024 was approximately $ 111 million (based upon the $1.80 closing price on the NASDAQ).
As of March 20, 2025, the registrant had 21,670,569 shares outstanding of Class A common stock, par value $0.0001 per share, no shares outstanding of Series A Preferred stock, par value $0.0001 per share, 1,075,761 shares outstanding of Class E common stock, par value $0.0001 per share, and 41,193,024 shares outstanding of Class V common stock, par value $0.0001 per share.
In addition, forward-looking statements reflect our expectations, plans or forecasts of future events and views as of the date hereof.
Business Our Business Business Overview Bitcoin Depot owns and operates the largest network of BTMs (or, "kiosks") across North America where customers can buy and sell Bitcoin.
Our mobile app includes a buy online feature that connects consumers to a third-party service, Simplex powered by Nuvei, that allows consumers to buy Bitcoin without going to a kiosk or using BDCheckout As of December 31, 2024, our offerings included approximately 8,500 BTMs in retailer locations throughout the U.S., Canada and Puerto Rico, our BDCheckout product, which is accepted at approximately 7,600 retail locations, and our mobile app.
and Canada, as of December 31, 2024: (Note data is delayed from our actual active kiosks, please see Section 7, Management s Discussion and Analysis of Financial Condition and Results of Operations for additional information regarding kiosk information.) (1) Source: coinatmradar.com as of December 31, 2024.
and Canada, and as of December 31, 2024, we have installed our BTMs in approximately 1,100 Circle K stores.
and Australian state and Canadian province as of January 31, 2025: Both our revenue and transaction volumes have historically grown despite volatility in market prices for Bitcoin and other cryptocurrencies and we expect this trend to continue as Bitcoin becomes increasingly accepted across the world.
From our inception in July 2016 through December 31, 2024, we have completed more than 3.7 million user transactions, equating to approximately $2.8 billion in total transaction value.
During the year ended December 31, 2024, we averaged approximately 14,961 monthly active users, which we define as the total number of unique customers.