Strong Revenue and Profit Growth
Bitcoin Depot reported revenue of $162.5 million for Q3 2025, a 20% increase from 2024. Adjusted EBITDA rose by 75% to $16.1 million, and gross profit increased by 40% to $28.2 million.
Kiosk Expansion and Optimization
The company ended Q3 with approximately 9,300 active machines and expects continued growth. The kiosk growth and optimization plan resulted in a 40% increase in gross profit year over year.
International Expansion Success
Bitcoin Depot expanded into Australia with over 260 kiosks and commenced operations in Hong Kong, further enhancing its global footprint.
Strategic Acquisition
In October, Bitcoin Depot acquired assets from National Bitcoin ATM, adding over 500 kiosks to its network, solidifying its leadership in North America.
Improved Compliance Standards
The company rolled out new compliance standards, requiring customer identification for all transactions, and introduced protections for seniors, reinforcing consumer protection.