Bitcoin Depot (BTMCQ) Invested Capital (2021 - 2025)
Bitcoin Depot's (BTMCQ) quarterly Invested Capital came in at $72.7 million in Q4 2025, up 128.43% year-over-year from $31.8 million in Q4 2024, and down 17.51% quarter-over-quarter from $88.2 million in Q3 2025.
Analysis
Bitcoin Depot (BTMCQ) Invested Capital (2021 - 2025) Analysis & Trends
Bitcoin Depot has disclosed Invested Capital across 5 years of filings, most recently posting $72.7 million for Q4 2025.
- In Q4 2025, Invested Capital rose 128.43% year-over-year to $72.7 million; the TTM figure through Dec 2025 stood at $72.7 million (up 128.43% YoY), while the FY2025 annual figure was $72.7 million, up 128.43% from the prior year.
- Invested Capital came in at $72.7 million for Q4 2025 at Bitcoin Depot, down from $88.2 million in the prior quarter.
- In the past five years, Invested Capital ranged from a high of $88.2 million in Q3 2025 to a low of $19.1 million in Q4 2021.
- Average Invested Capital over 5 years is $45.5 million, with a median of $44.3 million recorded in 2024.
- Year-over-year, Invested Capital soared 146.71% in 2022 and plunged 35.22% in 2023.
- Over 5 years, Invested Capital stood at $19.1 million in 2021, then soared by 146.71% to $47.0 million in 2022, then sank by 35.22% to $30.5 million in 2023, then gained by 4.56% to $31.8 million in 2024, then surged by 128.43% to $72.7 million in 2025.
- Per Business Quant data, the three most recent Invested Capital figures were $72.7 million in Q4 2025, $88.2 million in Q3 2025, and $70.7 million in Q2 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Invested Cap. (Qtr) |
|---|---|---|---|---|---|
| 1 | Circle Internet | 21.42 Bn | 19.69 Bn | 288.85 Mn | 3.51 Bn |
| 2 | Galaxy Digital | 9.65 Bn | 8.99 Bn | 8.38 Bn | 6.27 Bn |
| 3 | Gemini Space Station | 747.56 Mn | 558.94 Mn | - | - |
| 4 | CEA Industries | 316.43 Mn | 309.34 Mn | 1.96 Mn | 306.23 Mn |
| 5 | Solana | 220.13 Mn | 216.48 Mn | 2.45 Mn | - |
| 6 | Empery Digital | 88.27 Mn | 88.27 Mn | -68,184.00 | 168.35 Mn |
| 7 | Amber International Holding | 52.85 Mn | 19.43 Mn | 11.06 Mn | 150.54 Mn |
| 8 | Metalpha Technology Holding | 47.58 Mn | 43.65 Mn | - | 54.40 Mn |
| 9 | Fold Holdings | 31.36 Mn | 2.96 Mn | 5.36 Mn | 43.70 Mn |
| 10 | Bitcoin Depot | 317,293.93 | -65.31 Mn | 17.31 Mn | 72.75 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2025 | 72.75 Mn |
| Sep 30, 2025 | 88.19 Mn |
| Jun 30, 2025 | 70.70 Mn |
| Mar 31, 2025 | 50.89 Mn |
| Dec 31, 2024 | 31.85 Mn |
| Sep 30, 2024 | 38.86 Mn |
| Jun 30, 2024 | 47.60 Mn |
| Mar 31, 2024 | 44.28 Mn |
| Dec 31, 2023 | 30.46 Mn |
| Sep 30, 2023 | 25.30 Mn |
| Jun 30, 2023 | 24.66 Mn |
| Dec 31, 2022 | 47.02 Mn |
| Dec 31, 2021 | 19.06 Mn |