Bitcoin Depot (BTM) Notes Payables (2021 - 2025)
Bitcoin Depot (BTM) posted Notes Payables of $7.0 million for Q4 2025, down 6.55% sequentially from $7.5 million in Q3 2025, and up 15.78% YoY from $6.0 million in Q4 2024.
Bitcoin Depot (BTM) Notes Payables (2021 - 2025) Analysis & Trends
Bitcoin Depot (BTM) has 5 years of Notes Payables data on file, last reported at $7.0 million in Q4 2025.
- Quarterly Notes Payables rose 15.78% year-over-year to $7.0 million in Q4 2025, while the trailing twelve-month figure through Dec 2025 was $7.0 million (up 15.78% YoY) and the FY2025 annual result came in at $7.0 million, up 15.78% from the prior year.
- Notes Payables eased to $7.0 million in Q4 2025 per BTM's latest filing, from $7.5 million in the prior quarter.
- The five-year high for Notes Payables was $18.0 million in Q2 2023, with the low at $80000.0 in Q4 2021.
- Average Notes Payables over 5 years is $6.3 million, with a median of $6.0 million recorded in 2024.
- Year-over-year, Notes Payables soared 9962.5% in 2022 and sank 75.76% in 2024.
- Bitcoin Depot's Notes Payables stood at $80000.0 in 2021, then soared by 9962.5% to $8.0 million in 2022, then slumped by 50.5% to $4.0 million in 2023, then surged by 51.12% to $6.0 million in 2024, then increased by 15.78% to $7.0 million in 2025.
- Business Quant data shows BTM's Notes Payables at $7.0 million in Q4 2025, $7.5 million in Q3 2025, and $8.8 million in Q2 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) |
|---|---|---|---|---|
| 1 | Morgan Stanley | 330.70 Bn | 197.17 Bn | - |
| 2 | Goldman Sachs | 309.79 Bn | -627.76 Bn | - |
| 3 | Schwab Charles | 167.21 Bn | 122.24 Bn | - |
| 4 | Futu Holdings | 111.36 Bn | 109.19 Bn | 733.58 Mn |
| 5 | Robinhood Markets | 97.69 Bn | 93.05 Bn | 960.00 Mn |
| 6 | LPL Financial Holdings | 23.49 Bn | 22.47 Bn | - |
| 7 | Tradeweb Markets | 21.59 Bn | 20.34 Bn | - |
| 8 | Circle Internet | 15.14 Bn | 13.62 Bn | 35.01 Mn |
| 9 | Iren | 14.46 Bn | 12.24 Bn | 144.76 Mn |
| 10 | Bitcoin Depot | - | - | -368.45 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | 6.97 Mn |
| Sep 30, 2025 | 7.46 Mn |
| Jun 30, 2025 | 8.76 Mn |
| Mar 31, 2025 | 8.54 Mn |
| Dec 31, 2024 | 6.02 Mn |
| Sep 30, 2024 | 4.86 Mn |
| Jun 30, 2024 | 4.37 Mn |
| Mar 31, 2024 | 3.44 Mn |
| Dec 31, 2023 | 3.99 Mn |
| Sep 30, 2023 | 1.87 Mn |
| Jun 30, 2023 | 18.01 Mn |
| Dec 31, 2022 | 8.05 Mn |
| Dec 31, 2021 | 80,000.00 |