Bitcoin Depot (BTMCQ) Intangibles (2021 - 2025)
Bitcoin Depot's (BTMCQ) quarterly Intangibles came in at $10.9 million in Q4 2025, up 44.19% year-over-year from $7.6 million in Q4 2024, and down 19.85% quarter-over-quarter from $13.6 million in Q3 2025.
Analysis
Bitcoin Depot (BTMCQ) Intangibles (2021 - 2025) Analysis & Trends
Bitcoin Depot has disclosed Intangibles across 5 years of filings, most recently posting $10.9 million for Q4 2025.
- In Q4 2025, Intangibles rose 44.19% year-over-year to $10.9 million; the TTM figure through Dec 2025 stood at $10.9 million (up 44.19% YoY), while the FY2025 annual figure was $10.9 million, up 44.19% from the prior year.
- Intangibles came in at $10.9 million for Q4 2025 at Bitcoin Depot, down from $13.6 million in the prior quarter.
- In the past five years, Intangibles ranged from a high of $13.6 million in Q3 2025 to a low of $402000.0 in Q1 2023.
- Average Intangibles over 5 years is $5.9 million, with a median of $6.6 million recorded in 2021.
- The largest YoY upside for Intangibles was 1024.33% in 2023 against a maximum downside of 86.09% in 2023.
- Over 5 years, Intangibles stood at $6.6 million in 2021, then grew by 15.57% to $7.6 million in 2022, then changed by 0.0% to $7.6 million in 2023, then changed by 0.0% to $7.6 million in 2024, then surged by 44.19% to $10.9 million in 2025.
- Per Business Quant data, the three most recent Intangibles figures were $10.9 million in Q4 2025, $13.6 million in Q3 2025, and $11.6 million in Q2 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Intangibles (Qtr) |
|---|---|---|---|---|---|
| 1 | Circle Internet | 21.42 Bn | 19.69 Bn | 288.85 Mn | 446.58 Mn |
| 2 | Galaxy Digital | 9.65 Bn | 8.99 Bn | 8.38 Bn | 11.02 Mn |
| 3 | Gemini Space Station | 747.56 Mn | 558.94 Mn | - | 331.05 Mn |
| 4 | CEA Industries | 316.43 Mn | 309.34 Mn | 1.96 Mn | 304.51 Mn |
| 5 | Solana | 220.13 Mn | 216.48 Mn | 2.45 Mn | 170.62 Mn |
| 6 | Empery Digital | 88.27 Mn | 88.27 Mn | -68,184.00 | - |
| 7 | Amber International Holding | 52.85 Mn | 19.43 Mn | 11.06 Mn | 52.11 Mn |
| 8 | Metalpha Technology Holding | 47.58 Mn | 43.65 Mn | - | 135.27 Mn |
| 9 | Fold Holdings | 31.36 Mn | 2.96 Mn | 5.36 Mn | 1.99 Mn |
| 10 | Bitcoin Depot | 317,293.93 | -65.31 Mn | 17.31 Mn | 10.93 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2025 | 10.93 Mn |
| Sep 30, 2025 | 13.63 Mn |
| Jun 30, 2025 | 11.56 Mn |
| Mar 31, 2025 | 8.38 Mn |
| Dec 31, 2024 | 7.58 Mn |
| Sep 30, 2024 | 2.70 Mn |
| Jun 30, 2024 | 3.17 Mn |
| Mar 31, 2024 | 3.50 Mn |
| Dec 31, 2023 | 7.58 Mn |
| Sep 30, 2023 | 7.58 Mn |
| Jun 30, 2023 | 4.60 Mn |
| Mar 31, 2023 | 402,000.00 |
| Dec 31, 2022 | 7.58 Mn |
| Sep 30, 2022 | 674,000.00 |
| Jun 30, 2022 | 584,000.00 |
| Mar 31, 2022 | 2.89 Mn |
| Dec 31, 2021 | 6.56 Mn |