Bitcoin Depot (BTM) Invested Capital (2021 - 2025)

Bitcoin Depot's (BTM) quarterly Invested Capital came in at $11.4 million in Q4 2025, up 148.31% year-on-year from $4.6 million in Q4 2024, and down 45.67% quarter-over-quarter from $21.0 million in Q3 2025.

Bitcoin Depot (BTM) Invested Capital (2021 - 2025) Analysis & Trends

Bitcoin Depot has disclosed Invested Capital across 5 years of filings, most recently posting $11.4 million for Q4 2025.

  • Invested Capital for Q4 2025 came in at $11.4 million, up 148.31% year-over-year; the trailing twelve-month figure through Dec 2025 was $11.4 million (up 148.31% YoY), and the FY2025 annual result was $11.4 million, up 148.31% from the prior year.
  • Invested Capital came in at $11.4 million for Q4 2025 at Bitcoin Depot, down from $21.0 million in the prior quarter.
  • In the past five years, Invested Capital ranged from a high of $21.9 million in Q2 2023 to a low of -$23.6 million in Q4 2024.
  • The 5-year median for Invested Capital is $9.4 million (2022), against an average of $7.5 million.
  • Across the five-year window, Invested Capital plunged 352.13% in 2024 and soared 367.21% in 2025, its largest moves.
  • Bitcoin Depot's Invested Capital stood at $19.0 million in 2021, then plunged by 50.23% to $9.4 million in 2022, then retreated by 0.75% to $9.4 million in 2023, then sank by 352.13% to -$23.6 million in 2024, then soared by 148.31% to $11.4 million in 2025.
  • The last three Invested Capital figures came in at $11.4 million (Q4 2025), $21.0 million (Q3 2025), and $4.7 million (Q2 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Invested Cap. (Qtr)
1 SOL Strategies 96,012.83 Bn 96,012.83 Bn - 1,166.73 Bn
2 Morgan Stanley 328.23 Bn 194.70 Bn - 486.95 Bn
3 Goldman Sachs 313.22 Bn -624.33 Bn - 122.78 Bn
4 Schwab Charles 154.90 Bn 109.92 Bn - 49.23 Bn
5 Robinhood Markets 75.17 Bn 70.53 Bn 960.00 Mn 9.69 Bn
6 Interactive Brokers 38.41 Bn 49.00 Bn - 5.59 Bn
7 LPL Financial Holdings 23.13 Bn 22.10 Bn - 12.87 Bn
8 Tradeweb Markets 21.12 Bn 19.87 Bn - 7.31 Bn
9 Circle Internet 19.75 Bn 18.24 Bn 35.01 Mn 3.43 Bn
10 Bitcoin Depot 3.52 Mn -62.08 Mn -368.45 Mn 11.42 Mn

Historic Data

Download Data
DateValue
Dec 31, 2025 11.42 Mn
Sep 30, 2025 21.02 Mn
Jun 30, 2025 4.69 Mn
Mar 31, 2025 -4.59 Mn
Dec 31, 2024 -23.63 Mn
Sep 30, 2024 -7.87 Mn
Jun 30, 2024 4.44 Mn
Mar 31, 2024 4.98 Mn
Dec 31, 2023 9.37 Mn
Sep 30, 2023 6.59 Mn
Jun 30, 2023 21.94 Mn
Mar 31, 2023 17.11 Mn
Dec 31, 2022 9.44 Mn
Sep 30, 2022 13.16 Mn
Jun 30, 2022 10.38 Mn
Mar 31, 2022 9.71 Mn
Dec 31, 2021 18.98 Mn