Bitcoin Depot
Closed (deSPAC)founded 2016
- What it is
- Depot Bitcoin Depot was founded in 2016 with the mission to connect those who prefer to use cash to the broader, digital financial system
- What it’s doing now
- Merging with GSR II Meteora Acquisition Corp. (GSRM) — closed (despac).
- What you should know
- Data is still being assembled for this company — what is shown below is everything we have verified so far.
The business, per its filings
SEC primaryDepot Bitcoin Depot was founded in 2016 with the mission to connect those who prefer to use cash to the broader, digital financial system. Bitcoin Depot provides its users with simple, efficient and intuitive means of converting cash into cryptocurrency, which users can deploy in the payments, spending and investing space. Users can convert cash to cryptocurrencies at Bitcoin Depots kiosks and at thousands of name-brand retail cash registers through BDCheckout. The company has a significant market share in North America with over 7,000 kiosk locations. Learn more at www.bitcoindepot.com .
What the company says about itself
Web research — not audited[WEB-INTEL 2026-08-26] 2 finding(s) · web source asserts a FILING-ONLY figure (deadline / trust / status / floor / price) and it was NOT stored: "Bitcoin Depot has reached a deal with a special-purpose acquisition company that values the cryptocurrency ATM firm at roughly $885 million" [https://www.wsj.com/finance/currencies/crypto-atm-firm-bitcoin-depot-strikes-885-million-spac-deal-to-go-public-11661418001] · web source asserts a FILING-ONLY figure (deadline / trust / status / floor / price) and it was NOT stored: "value of $755 million" [https://www.kirkland.com/news/press-release/2022/08/bitcoin-depot-to-become-public-company-through-combination-with-gsrm] [WEB-INTEL 2026-08-26] 5 finding(s) · web source asserts a FILING-ONLY figure (deadline / trust / status / floor / price) and it was NOT stored: "Bitcoin Depot has raised $15.0M in total funding. The most recent round was Post-IPO Equity. The last funding was announced in October 2025." [https://www.vcbacked.co/company/bitcoin-depot] · web source asserts a FILING-ONLY figure (deadline / trust / status / floor / price) and it was NOT stored: "Bitcoin Depot has reached a deal with a special-purpose acquisition company that values the cryptocurrency ATM firm at roughly $885 million" [https://www.wsj.com/finance/currencies/crypto-atm-firm-bitcoin-depot-strikes-885-million-spac-deal-to-go-public-11661418001] · web source asserts a FILING-ONLY figure (deadline / trust / status / floor / price) and it was NOT stored: "value of $755 million" [https://www.kirkland.com/news/press-release/2022/08/bitcoin-depot-to-become-public-company-through-combination-with-gsrm] · web source asserts a FILING-ONLY figure (deadline / trust / status / floor / price) and it was NOT stored: "Bitcoin Depot reported full year 2025 revenue of $615 million, up 7% year over year, with full year adjusted EBITDA increasing 42% to $56.4 million" [https://www.perplexity.ai/finance/BTM/earnings] · web source asserts a FILING-ONLY figure (deadline / trust / status / floor / price) and it was NOT stored: "The Kiosk network is Bitcoin Depot's core business, generating $613.6 million in revenue for FY2025 — roughly 99.8% of total company revenue." [https://bondoro.com/bitcoin-depot/] [WEB-INTEL 2026-08-27] 2 finding(s) · web source asserts a FILING-ONLY figure (deadline / trust / status / floor / price) and it was NOT stored: "value of $755 million" [https://www.kirkland.com/news/press-release/2022/08/bitcoin-depot-to-become-public-company-through-combination-with-gsrm] · web source asserts a FILING-ONLY figure (deadline / trust / status / floor / price) and it was NOT stored: "Bitcoin Depot has reached a deal with a special-purpose acquisition company that values the cryptocurrency ATM firm at roughly $885 million" [https://www.wsj.com/finance/currencies/crypto-atm-firm-bitcoin-depot-strikes-885-million-spac-deal-to-go-public-11661418001] [WEB-INTEL 2026-08-27] 2 finding(s) · web source asserts a FILING-ONLY figure (deadline / trust / status / floor / price) and it was NOT stored: "Bitcoin Depot has reached a deal with a special-purpose acquisition company that values the cryptocurrency ATM firm at roughly $885 million" [https://www.wsj.com/finance/currencies/crypto-atm-firm-bitcoin-depot-strikes-885-million-spac-deal-to-go-public-11661418001] · web source asserts a FILING-ONLY figure (deadline / trust / status / floor / price) and it was NOT stored: "value of $755 million" [https://www.kirkland.com/news/press-release/2022/08/bitcoin-depot-to-become-public-company-through-combination-with-gsrm] [WEB-INTEL 2026-08-27] 2 finding(s) · web source asserts a FILING-ONLY figure (deadline / trust / status / floor / price) and it was NOT stored: "value of $755 million" [https://www.kirkland.com/news/press-release/2022/08/bitcoin-depot-to-become-public-company-through-combination-with-gsrm] · web source asserts a FILING-ONLY figure (deadline / trust / status / floor / price) and it was NOT stored: "values the cryptocurrency ATM firm at roughly $885 million" [https://www.wsj.com/finance/currencies/crypto-atm-firm-bitcoin-depot-strikes-885-million-spac-deal-to-go-public-11661418001] [WEB-INTEL 2026-08-27] 3 finding(s) · web source asserts a FILING-ONLY figure (deadline / trust / status / floor / price) and it was NOT stored: "Bitcoin Depot has reached a deal with a special-purpose acquisition company that values the cryptocurrency ATM firm at roughly $885 million" [https://www.wsj.com/finance/currencies/crypto-atm-firm-bitcoin-depot-strikes-885-million-spac-deal-to-go-public-11661418001] · web source asserts a FILING-ONLY figure (deadline / trust / status / floor / price) and it was NOT stored: "value of $755 million" [https://www.kirkland.com/news/press-release/2022/08/bitcoin-depot-to-become-public-company-through-combination-with-gsrm] · web source asserts a FILING-ONLY figure (deadline / trust / status / floor / price) and it was NOT stored: "Bitcoin Depot and GSR II Meteora Acquisition Corp. (NASDAQ: GSRM) have successfully closed their business combination on June 28th!" [https://www.linkedin.com/posts/bitcoin-depot_bitcoin-depot-and-gsr-ii-meteora-acquisition-activity-7081623299750813697-ZOaw] [WEB-INTEL 2026-08-27] 2 finding(s) · web source asserts a FILING-ONLY figure (deadline / trust / status / floor / price) and it was NOT stored: "Bitcoin Depot has reached a deal with a special-purpose acquisition company that values the cryptocurrency ATM firm at roughly $885 million" [https://www.wsj.com/finance/currencies/crypto-atm-firm-bitcoin-depot-strikes-885-million-spac-deal-to-go-public-11661418001] · web source asserts a FILING-ONLY figure (deadline / trust / status / floor / price) and it was NOT stored: "value of $755 million" [https://www.kirkland.com/news/press-release/2022/08/bitcoin-depot-to-become-public-company-through-combination-with-gsrm] [WEB-INTEL 2026-08-27] 2 finding(s) · web source asserts a FILING-ONLY figure (deadline / trust / status / floor / price) and it was NOT stored: "Bitcoin Depot has reached a deal with a special-purpose acquisition company that values the cryptocurrency ATM firm at roughly $885 million" [https://www.wsj.com/finance/currencies/crypto-atm-firm-bitcoin-depot-strikes-885-million-spac-deal-to-go-public-11661418001] · web source asserts a FILING-ONLY figure (deadline / trust / status / floor / price) and it was NOT stored: "value of $755 million" [https://www.kirkland.com/news/press-release/2022/08/bitcoin-depot-to-become-public-company-through-combination-with-gsrm] [WEB-INTEL 2026-08-27] 2 finding(s) · web source asserts a FILING-ONLY figure (deadline / trust / status / floor / price) and it was NOT stored: "value of $755 million" [https://www.kirkland.com/news/press-release/2022/08/bitcoin-depot-to-become-public-company-through-combination-with-gsrm] · web source asserts a FILING-ONLY figure (deadline / trust / status / floor / price) and it was NOT stored: "reached a deal with a special-purpose acquisition company that values the cryptocurrency ATM firm at roughly $885 million" [https://www.wsj.com/finance/currencies/crypto-atm-firm-bitcoin-depot-strikes-885-million-spac-deal-to-go-public-11661418001] [WEB-INTEL 2026-08-27] 2 finding(s) · web source asserts a FILING-ONLY figure (deadline / trust / status / floor / price) and it was NOT stored: "value of $755 million" [https://www.kirkland.com/news/press-release/2022/08/bitcoin-depot-to-become-public-company-through-combination-with-gsrm] · web source asserts a FILING-ONLY figure (deadline / trust / status / floor / price) and it was NOT stored: "Crypto ATM firm Bitcoin Depot Strikes $885 Million SPAC Deal to Go Public" [https://www.wsj.com/finance/currencies/crypto-atm-firm-bitcoin-depot-strikes-885-million-spac-deal-to-go-public-11661418001] [WEB-INTEL 2026-08-27] 2 finding(s) · web source asserts a FILING-ONLY figure (deadline / trust / status / floor / price) and it was NOT stored: "value of $755 million" [https://www.kirkland.com/new [WEB-INTEL 2026-08-28] 2 finding(s) · web source asserts a FILING-ONLY figure (deadline / trust / status / floor / price) and it was NOT stored: "Bitcoin Depot has reached a deal with a special-purpose acquisition company that values the cryptocurrency ATM firm at roughly $885 million" [https://www.wsj.com/finance/currencies/crypto-atm-firm-bitcoin-depot-strikes-885-million-spac-deal-to-go-public-11661418001] · web source asserts a FILING-ONLY figure (deadline / trust / status / floor / price) and it was NOT stored: "value of $755 million" [https://www.kirkland.com/news/press-release/2022/08/bitcoin-depot-to-become-public-company-through-combination-with-gsrm]
Source: company web presence · marketing claims are reported as claims, never merged into the filed figures above.
The deal it’s entering
Bitcoin Depot is merging with GSR II Meteora Acquisition Corp. (GSRM) currently marked Closed (deSPAC).
| Headline equity value | — |
How to read these numbers: headline vs effective valuation · what a definitive agreement commits
What exactly is being valued, and at what
Common questions
Is Bitcoin Depot going public?
Bitcoin Depot has an approved merger with the SPAC GSR II Meteora Acquisition Corp. (GSRM). Deal status: Closed (deSPAC).
Does Bitcoin Depot have revenue?
The filings we've parsed don't state a usable revenue figure yet; this profile is updated as new documents land.
Educational content, not investment advice.