Bitcoin Depot (BTM) Capital Expenditures (2022 - 2025)
Bitcoin Depot's (BTM) quarterly Capital Expenditures came in at $634000.0 in Q4 2025, down 26.62% year-on-year from $864000.0 in Q4 2024, and down 84.46% quarter-over-quarter from $4.1 million in Q3 2025.
Bitcoin Depot (BTM) Capital Expenditures (2022 - 2025) Analysis & Trends
Bitcoin Depot has disclosed Capital Expenditures across 4 years of filings, most recently posting $634000.0 for Q4 2025.
- Capital Expenditures for Q4 2025 came in at $634000.0, down 26.62% year-over-year; the trailing twelve-month figure through Dec 2025 was $5.5 million (down 48.94% YoY), and the FY2025 annual result was $5.5 million, down 48.94% from the prior year.
- Capital Expenditures came in at $634000.0 for Q4 2025 at Bitcoin Depot, down from $4.1 million in the prior quarter.
- In the past five years, Capital Expenditures ranged from a high of $6.8 million in Q3 2024 to a low of -$13000.0 in Q3 2023.
- The 4-year median for Capital Expenditures is $473500.0 (2024), against an average of $1.4 million.
- Across the five-year window, Capital Expenditures sank 104.87% in 2023 and jumped 52546.15% in 2024, its largest moves.
- Bitcoin Depot's Capital Expenditures stood at $143000.0 in 2022, then sank by 88.11% to $17000.0 in 2023, then soared by 4982.35% to $864000.0 in 2024, then decreased by 26.62% to $634000.0 in 2025.
- The last three Capital Expenditures figures came in at $634000.0 (Q4 2025), $4.1 million (Q3 2025), and $389000.0 (Q2 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Capex (Qtr) |
|---|---|---|---|---|---|
| 1 | SOL Strategies | 100,773.79 Bn | 100,773.79 Bn | - | - |
| 2 | Morgan Stanley | 331.35 Bn | 197.82 Bn | - | 754.00 Mn |
| 3 | Goldman Sachs | 317.73 Bn | -619.82 Bn | - | 565.00 Mn |
| 4 | Schwab Charles | 153.74 Bn | 108.77 Bn | - | 140.00 Mn |
| 5 | Robinhood Markets | 75.98 Bn | 71.34 Bn | 960.00 Mn | 9.00 Mn |
| 6 | Interactive Brokers | 38.91 Bn | 49.50 Bn | - | 26.00 Mn |
| 7 | LPL Financial Holdings | 22.76 Bn | 21.73 Bn | - | 165.76 Mn |
| 8 | Tradeweb Markets | 20.90 Bn | 19.65 Bn | - | 254,000.00 |
| 9 | Circle Internet | 20.00 Bn | 18.49 Bn | 35.01 Mn | 9.36 Mn |
| 10 | Bitcoin Depot | 3.52 Mn | -62.08 Mn | -368.45 Mn | 634,000.00 |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 634,000.00 |
| Dec 31, 2025 | 634,000.00 |
| Sep 30, 2025 | 4.08 Mn |
| Sep 30, 2025 | 4.08 Mn |
| Jun 30, 2025 | 389,000.00 |
| Jun 30, 2025 | 389,000.00 |
| Mar 31, 2025 | 385,000.00 |
| Mar 31, 2025 | 385,000.00 |
| Dec 31, 2024 | 864,000.00 |
| Dec 31, 2024 | 864,000.00 |
| Sep 30, 2024 | 6.82 Mn |
| Sep 30, 2024 | 6.82 Mn |
| Jun 30, 2024 | 2.51 Mn |
| Jun 30, 2024 | 2.51 Mn |
| Mar 31, 2024 | 558,000.00 |
| Mar 31, 2024 | 558,000.00 |
| Dec 31, 2023 | 17,000.00 |
| Dec 31, 2023 | 17,000.00 |
| Sep 30, 2023 | -13,000.00 |
| Sep 30, 2023 | -13,000.00 |