Bitcoin Depot (BTMCQ) Debt Ratio (2021 - 2025)
Bitcoin Depot's (BTMCQ) quarterly Debt Ratio came in at 0.46 in Q4 2025, down 33.11% year-over-year from 0.69 in Q4 2024, and down 13.61% quarter-over-quarter from 0.54 in Q3 2025.
Analysis
Bitcoin Depot (BTMCQ) Debt Ratio (2021 - 2025) Analysis & Trends
Bitcoin Depot has disclosed Debt Ratio across 5 years of filings, most recently posting 0.46 for Q4 2025.
- In Q4 2025, Debt Ratio fell 33.11% year-over-year to 0.46; the TTM figure through Dec 2025 stood at 0.46 (down 33.11% YoY), while the FY2025 annual figure was 0.46, down 33.11% from the prior year.
- Debt Ratio came in at 0.46 for Q4 2025 at Bitcoin Depot, down from 0.54 in the prior quarter.
- In the past five years, Debt Ratio ranged from a high of 0.69 in Q4 2024 to a low of 0.2 in Q4 2021.
- Average Debt Ratio over 5 years is 0.44, with a median of 0.44 recorded in 2024.
- Year-over-year, Debt Ratio surged 144.17% in 2024 and tumbled 33.11% in 2025.
- Over 5 years, Debt Ratio stood at 0.2 in 2021, then jumped by 98.59% to 0.4 in 2022, then dropped by 29.49% to 0.28 in 2023, then surged by 144.17% to 0.69 in 2024, then plunged by 33.11% to 0.46 in 2025.
- Per Business Quant data, the three most recent Debt Ratio figures were 0.46 in Q4 2025, 0.54 in Q3 2025, and 0.61 in Q2 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Debt Ratio (Qtr) |
|---|---|---|---|---|---|
| 1 | Circle Internet | 21.42 Bn | 19.69 Bn | 288.85 Mn | - |
| 2 | Galaxy Digital | 9.65 Bn | 8.99 Bn | 8.38 Bn | 0.33 |
| 3 | Gemini Space Station | 747.56 Mn | 558.94 Mn | - | - |
| 4 | CEA Industries | 316.43 Mn | 309.34 Mn | 1.96 Mn | 0.05 |
| 5 | Solana | 220.13 Mn | 216.48 Mn | 2.45 Mn | - |
| 6 | Empery Digital | 88.27 Mn | 88.27 Mn | -68,184.00 | 0.31 |
| 7 | Amber International Holding | 52.85 Mn | 19.43 Mn | 11.06 Mn | 0.16 |
| 8 | Metalpha Technology Holding | 47.58 Mn | 43.65 Mn | - | 0.00 |
| 9 | Fold Holdings | 31.36 Mn | 2.96 Mn | 5.36 Mn | 0.24 |
| 10 | Bitcoin Depot | 317,293.93 | -65.31 Mn | 17.31 Mn | 0.46 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2025 | 0.46 |
| Sep 30, 2025 | 0.54 |
| Jun 30, 2025 | 0.61 |
| Mar 31, 2025 | 0.62 |
| Dec 31, 2024 | 0.69 |
| Sep 30, 2024 | 0.53 |
| Jun 30, 2024 | 0.44 |
| Mar 31, 2024 | 0.44 |
| Dec 31, 2023 | 0.28 |
| Sep 30, 2023 | 0.24 |
| Jun 30, 2023 | 0.25 |
| Dec 31, 2022 | 0.40 |
| Dec 31, 2021 | 0.20 |