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| Date | Value |
|---|---|
| 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 |