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
DateValue
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