ATLANTA, Oct. 07, 2025 – Bitcoin Depot Inc. (NASDAQ: BTM) today announced that it has entered into definitive agreements to sell an aggregate of 4,285,716 shares of its Class A common stock in a registered direct offering. The shares will be offered at a purchase price of $3.50 per share, resulting in expected gross proceeds of approximately $15 million before deducting placement agent fees and other offering expenses.
The company intends to use the net proceeds from the offering for general corporate purposes, providing additional liquidity to support its ongoing operations, potential strategic initiatives, and debt reduction. The offering is being conducted under a shelf registration statement (File No. 333‑288208) that was filed with the SEC on June 20, 2025 and declared effective on July 1, 2025.
H.C. Wainwright & Co. is acting as the exclusive placement agent for the offering, and the closing is expected to occur on or about October 8, 2025, subject to customary closing conditions. The prospectus supplement and accompanying prospectus will be filed with the SEC and made available on the SEC website.
This equity raise represents a significant capital infusion for Bitcoin Depot, potentially diluting existing shareholders but also enhancing the company’s financial flexibility and ability to pursue growth opportunities in its cash‑to‑crypto business.
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