Bitcoin Depot (BTMCQ) Share-based Compensation (2021 - 2025)
Bitcoin Depot's (BTMCQ) quarterly Share-based Compensation came in at $1.6 million in Q4 2025, up 343.25% year-over-year from $363000.0 in Q4 2024, and down 73.31% quarter-over-quarter from $6.0 million in Q3 2025.
Analysis
Bitcoin Depot (BTMCQ) Share-based Compensation (2021 - 2025) Analysis & Trends
Bitcoin Depot has disclosed Share-based Compensation across 5 years of filings, most recently posting $1.6 million for Q4 2025.
- In Q4 2025, Share-based Compensation rose 343.25% year-over-year to $1.6 million; the TTM figure through Dec 2025 stood at $4.0 million (up 55.02% YoY), while the FY2025 annual figure was $4.9 million, up 43.12% from the prior year.
- Share-based Compensation came in at $1.6 million for Q4 2025 at Bitcoin Depot, down from $6.0 million in the prior quarter.
- In the past five years, Share-based Compensation ranged from a high of $6.0 million in Q1 2025 to a low of $191000.0 in Q1 2023.
- Average Share-based Compensation over 5 years is $1.9 million, with a median of $1.2 million recorded in 2023.
- The largest YoY upside for Share-based Compensation was 963.91% in 2024 against a maximum downside of 69.7% in 2024.
- Over 5 years, Share-based Compensation stood at $308253.0 in 2021, then climbed by 4.14% to $321000.0 in 2022, then jumped by 273.21% to $1.2 million in 2023, then tumbled by 69.7% to $363000.0 in 2024, then jumped by 343.25% to $1.6 million in 2025.
- Per Business Quant data, the three most recent Share-based Compensation figures were $1.6 million in Q4 2025, $6.0 million in Q3 2025, and $6.0 million in Q2 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Share-based Compensation (Qtr) |
|---|---|---|---|---|---|
| 1 | Circle Internet | 21.42 Bn | 19.69 Bn | 288.85 Mn | 53.60 Mn |
| 2 | Galaxy Digital | 9.65 Bn | 8.99 Bn | 8.38 Bn | 16.16 Mn |
| 3 | Gemini Space Station | 747.56 Mn | 558.94 Mn | - | 20.30 Mn |
| 4 | CEA Industries | 316.43 Mn | 309.34 Mn | 1.96 Mn | 67,000.00 |
| 5 | Solana | 220.13 Mn | 216.48 Mn | 2.45 Mn | 63,000.00 |
| 6 | Empery Digital | 88.27 Mn | 88.27 Mn | -68,184.00 | 1.30 Mn |
| 7 | Amber International Holding | 52.85 Mn | 19.43 Mn | 11.06 Mn | - |
| 8 | Metalpha Technology Holding | 47.58 Mn | 43.65 Mn | - | - |
| 9 | Fold Holdings | 31.36 Mn | 2.96 Mn | 5.36 Mn | 5.18 Mn |
| 10 | Bitcoin Depot | 317,293.93 | -65.31 Mn | 17.31 Mn | 1.61 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Dec 31, 2025 | 1.61 Mn |
| Sep 30, 2025 | 6.03 Mn |
| Jun 30, 2025 | 6.03 Mn |
| Mar 31, 2025 | 6.03 Mn |
| Dec 31, 2024 | 363,000.00 |
| Sep 30, 2024 | 1.78 Mn |
| Jun 30, 2024 | 2.13 Mn |
| Mar 31, 2024 | 1.28 Mn |
| Dec 31, 2023 | 1.20 Mn |
| Sep 30, 2023 | 800,000.00 |
| Jun 30, 2023 | 200,000.00 |
| Mar 31, 2023 | 191,000.00 |
| Dec 31, 2022 | 321,000.00 |
| Sep 30, 2022 | 300,000.00 |
| Dec 31, 2021 | 308,253.00 |