Bitcoin Depot (BTM) Intangibles (2021 - 2025)
Bitcoin Depot's (BTM) quarterly Intangibles came in at $7.6 million in Q4 2025, little changed year-on-year from $7.6 million in Q4 2024, and down 44.42% quarter-over-quarter from $13.6 million in Q3 2025.
Bitcoin Depot (BTM) Intangibles (2021 - 2025) Analysis & Trends
Bitcoin Depot has disclosed Intangibles across 5 years of filings, most recently posting $7.6 million for Q4 2025.
- Intangibles for Q4 2025 came in at $7.6 million, changed 0.0% year-over-year; the trailing twelve-month figure through Dec 2025 was $7.6 million (changed 0.0% YoY), and the FY2025 annual result was $7.6 million, changed 0.0% from the prior year.
- Intangibles came in at $7.6 million for Q4 2025 at Bitcoin Depot, down from $13.6 million in the prior quarter.
- In the past five years, Intangibles ranged from a high of $13.6 million in Q3 2025 to a low of $1000.0 in Q1 2024.
- The 5-year median for Intangibles is $712000.0 (2023), against an average of $2.2 million.
- Across the five-year window, Intangibles slumped 99.75% in 2024 and surged 194500.0% in 2025, its largest moves.
- Bitcoin Depot's Intangibles stood at $563000.0 in 2021, then plunged by 98.58% to $8000.0 in 2022, then surged by 8800.0% to $712000.0 in 2023, then soared by 964.33% to $7.6 million in 2024, then changed by 0.0% to $7.6 million in 2025.
- The last three Intangibles figures came in at $7.6 million (Q4 2025), $13.6 million (Q3 2025), and $1.6 million (Q2 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Intangibles (Qtr) |
|---|---|---|---|---|---|
| 1 | SOL Strategies | 100,773.79 Bn | 100,773.79 Bn | - | 8.83 Mn |
| 2 | Morgan Stanley | 331.35 Bn | 197.82 Bn | - | 5.96 Bn |
| 3 | Goldman Sachs | 317.73 Bn | -619.82 Bn | - | - |
| 4 | Schwab Charles | 153.74 Bn | 108.77 Bn | - | 7.41 Bn |
| 5 | Robinhood Markets | 75.98 Bn | 71.34 Bn | 960.00 Mn | 203.00 Mn |
| 6 | Interactive Brokers | 38.91 Bn | 49.50 Bn | - | - |
| 7 | LPL Financial Holdings | 22.76 Bn | 21.73 Bn | - | 3.41 Bn |
| 8 | Tradeweb Markets | 20.90 Bn | 19.65 Bn | - | 1.12 Bn |
| 9 | Circle Internet | 20.00 Bn | 18.49 Bn | 35.01 Mn | 421.02 Mn |
| 10 | Bitcoin Depot | 3.52 Mn | -62.08 Mn | -368.45 Mn | 7.58 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 7.58 Mn |
| Sep 30, 2025 | 13.63 Mn |
| Jun 30, 2025 | 1.57 Mn |
| Mar 31, 2025 | 1.95 Mn |
| Dec 31, 2024 | 7.58 Mn |
| Sep 30, 2024 | 1.31 Mn |
| Jun 30, 2024 | 600,000.00 |
| Mar 31, 2024 | 1,000.00 |
| Dec 31, 2023 | 712,000.00 |
| Sep 30, 2023 | 794,000.00 |
| Jun 30, 2023 | 811,000.00 |
| Mar 31, 2023 | 402,000.00 |
| Dec 31, 2022 | 8,000.00 |
| Sep 30, 2022 | 2,760.00 |
| Jun 30, 2022 | 575,000.00 |
| Mar 31, 2022 | 10,000.00 |
| Dec 31, 2021 | 563,000.00 |