Bitcoin Depot (BTMCQ) Asset Utilization Ratio (2023 - 2025)
Bitcoin Depot's (BTMCQ) quarterly Asset Utilization Ratio came in at 4.81 in Q4 2025, down 29.82% year-over-year from 6.85 in Q4 2024, and down 11.41% quarter-over-quarter from 5.43 in Q3 2025.
Powered by 
Analysis
Bitcoin Depot (BTMCQ) Asset Utilization Ratio (2023 - 2025) Analysis & Trends
Bitcoin Depot has disclosed Asset Utilization Ratio across 3 years of filings, most recently posting 4.81 for Q4 2025.
- In Q4 2025, Asset Utilization Ratio fell 29.82% year-over-year to 4.81; the TTM figure through Dec 2025 stood at 4.81 (down 29.82% YoY), while the FY2025 annual figure was 5.84, down 21.44% from the prior year.
- Asset Utilization Ratio came in at 4.81 for Q4 2025 at Bitcoin Depot, down from 5.43 in the prior quarter.
- In the past five years, Asset Utilization Ratio ranged from a high of 9.02 in Q4 2023 to a low of 3.11 in Q1 2023.
- Average Asset Utilization Ratio over 3 years is 6.31, with a median of 6.52 recorded in 2024.
- Year-over-year, Asset Utilization Ratio surged 159.96% in 2024 and declined 29.82% in 2025.
- Over 3 years, Asset Utilization Ratio stood at 9.02 in 2023, then fell by 24.06% to 6.85 in 2024, then slipped by 29.82% to 4.81 in 2025.
- Per Business Quant data, the three most recent Asset Utilization Ratio figures were 4.81 in Q4 2025, 5.43 in Q3 2025, and 6.12 in Q2 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Asset Util. (Qtr) |
|---|---|---|---|---|---|
| 1 | Circle Internet | 21.42 Bn | 19.69 Bn | 288.85 Mn | 0.04 |
| 2 | Galaxy Digital | 9.65 Bn | 8.99 Bn | 8.38 Bn | 5.51 |
| 3 | Gemini Space Station | 747.56 Mn | 558.94 Mn | - | 0.14 |
| 4 | CEA Industries | 316.43 Mn | 309.34 Mn | 1.96 Mn | 0.09 |
| 5 | Solana | 220.13 Mn | 216.48 Mn | 2.45 Mn | 0.06 |
| 6 | Empery Digital | 88.27 Mn | 88.27 Mn | -68,184.00 | 0.00 |
| 7 | Amber International Holding | 52.85 Mn | 19.43 Mn | 11.06 Mn | 0.15 |
| 8 | Metalpha Technology Holding | 47.58 Mn | 43.65 Mn | - | - |
| 9 | Fold Holdings | 31.36 Mn | 2.96 Mn | 5.36 Mn | 0.43 |
| 10 | Bitcoin Depot | 317,293.93 | -65.31 Mn | 17.31 Mn | 4.81 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2025 | 4.81 |
| Sep 30, 2025 | 5.43 |
| Jun 30, 2025 | 6.12 |
| Mar 31, 2025 | 7.06 |
| Dec 31, 2024 | 6.85 |
| Sep 30, 2024 | 6.33 |
| Jun 30, 2024 | 6.71 |
| Mar 31, 2024 | 8.08 |
| Dec 31, 2023 | 9.02 |
| Sep 30, 2023 | 8.82 |
| Jun 30, 2023 | 3.37 |
| Mar 31, 2023 | 3.11 |