Bitcoin Depot (BTM) Enterprise Value (2022 - 2025)

Bitcoin Depot's (BTM) quarterly Enterprise Value came in at -$65.6 million in Q4 2025, down 122.58% year-on-year from $290.5 million in Q4 2024, and down 10.69% quarter-over-quarter from -$59.3 million in Q3 2025.

Bitcoin Depot (BTM) Enterprise Value (2022 - 2025) Analysis & Trends

Bitcoin Depot has disclosed Enterprise Value across 4 years of filings, most recently posting -$65.6 million for Q4 2025.

  • Enterprise Value for Q4 2025 came in at -$65.6 million, down 122.58% year-over-year; the trailing twelve-month figure through Dec 2025 was -$65.6 million (down 122.58% YoY), and the FY2025 annual result was -$65.6 million, down 122.58% from the prior year.
  • Enterprise Value came in at -$65.6 million for Q4 2025 at Bitcoin Depot, down from -$59.3 million in the prior quarter.
  • In the past five years, Enterprise Value ranged from a high of -$27.4 million in Q2 2023 to a low of -$65.6 million in Q4 2025.
  • The 4-year median for Enterprise Value is -$36.3 million (2022), against an average of -$40.0 million.
  • Across the five-year window, Enterprise Value increased 20.73% in 2023 and plunged 122.58% in 2025, its largest moves.
  • Bitcoin Depot's Enterprise Value stood at -$37.5 million in 2022, then gained by 20.73% to -$29.8 million in 2023, then gained by 0.96% to -$29.5 million in 2024, then slumped by 122.58% to -$65.6 million in 2025.
  • The last three Enterprise Value figures came in at -$65.6 million (Q4 2025), -$59.3 million (Q3 2025), and -$48.0 million (Q2 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Enterprise Value (Qtr)
1 SOL Strategies 96,012.83 Bn 96,012.83 Bn - -268,003.51
2 Morgan Stanley 328.23 Bn 194.70 Bn - -133.53 Bn
3 Goldman Sachs 313.22 Bn -624.33 Bn - -937.55 Bn
4 Schwab Charles 154.90 Bn 109.92 Bn - -44.98 Bn
5 Robinhood Markets 75.17 Bn 70.53 Bn 960.00 Mn -4.64 Bn
6 Interactive Brokers 38.41 Bn 49.00 Bn - 10.59 Bn
7 LPL Financial Holdings 23.13 Bn 22.10 Bn - -1.02 Bn
8 Tradeweb Markets 21.12 Bn 19.87 Bn - -1.25 Bn
9 Circle Internet 19.75 Bn 18.24 Bn 35.01 Mn -1.52 Bn
10 Bitcoin Depot 3.52 Mn -62.08 Mn -368.45 Mn -65.60 Mn

Historic Data

Download Data
DateValue
Dec 31, 2025 -65.60 Mn
Sep 30, 2025 -59.27 Mn
Jun 30, 2025 -48.00 Mn
Mar 31, 2025 -34.96 Mn
Dec 31, 2024 -29.47 Mn
Sep 30, 2024 -32.20 Mn
Jun 30, 2024 -43.90 Mn
Mar 31, 2024 -42.20 Mn
Dec 31, 2023 -29.76 Mn
Sep 30, 2023 -29.67 Mn
Jun 30, 2023 -27.42 Mn
Dec 31, 2022 -37.54 Mn