Bitcoin Depot Secures $15 Million in Direct Stock Offering to Fuel Expansion

Bitcoin Depot Inc. (Nasdaq: BTM), a leading U.S.-based Bitcoin ATM operator and fintech company, has announced a significant financial move to support its growth.

Major Funding Announcement

The company has entered into definitive agreements for a registered direct offering of 4,285,716 shares of its Class A common stock at $3.50 per share. This transaction is expected to generate approximately $15 million in gross proceeds before accounting for placement agent fees and other offering expenses.

Transaction Details and Timeline

H.C. Wainwright & Co. is serving as the exclusive placement agent for this offering. The closing is anticipated to occur on or about October 8, 2025, pending satisfaction of standard closing conditions.

Bitcoin Depot plans to use the net proceeds from this offering for general corporate purposes, indicating potential expansion or operational enhancements.

Regulatory Framework

The offering is being conducted under a "shelf" registration statement (File No. 333-288208) that was filed with the Securities and Exchange Commission (SEC) on June 20, 2025, and declared effective on July 1, 2025. Investors can access the prospectus supplement and accompanying prospectus through the SEC's website at www.sec.gov.

About Bitcoin Depot

Founded in 2016, Bitcoin Depot has established itself as a market leader in North America with a mission to bridge the gap between cash users and the digital financial ecosystem. The company operates:

• Over 9,000 kiosk locations across 47 states
• Thousands of retail locations in 31 states through its BDCheckout product

This extensive network provides users with simple, efficient means of converting cash into Bitcoin for payments, spending, and investment purposes.