Bitcoin Depot (BTM) Accumulated Expenses (2021 - 2025)

Bitcoin Depot has disclosed Accumulated Expenses across 5 years of filings, most recently posting $41.1 million for Q4 2025.

• Accumulated Expenses for Q4 2025 came in at $41.1 million, up 187.88% year-over-year; the trailing twelve-month figure through Dec 2025 was $41.1 million (up 187.88% YoY), and the FY2025 annual result was $41.1 million, up 187.88% from the prior year.
• Accumulated Expenses came in at $41.1 million for Q4 2025 at Bitcoin Depot, up from $19.4 million in the prior quarter.
• In the past five years, Accumulated Expenses ranged from a high of $41.1 million in Q4 2025 to a low of $70000.0 in Q1 2022.
• The 5-year median for Accumulated Expenses is $16.9 million (2025), against an average of $14.8 million.
• Across the five-year window, Accumulated Expenses soared 20145.7% in 2023 and decreased 25.49% in 2025, its largest moves.
• Bitcoin Depot's Accumulated Expenses stood at $300000.0 in 2021, then soared by 3669.67% to $11.3 million in 2022, then surged by 63.63% to $18.5 million in 2023, then dropped by 22.94% to $14.3 million in 2024, then surged by 187.88% to $41.1 million in 2025.
• The last three Accumulated Expenses figures came in at $41.1 million (Q4 2025), $19.4 million (Q3 2025), and $16.9 million (Q2 2025), per Business Quant data.