Other DebtActive
Kiosk Profit Share Franchise Arrangements
BTM-KskFr
BTC Holdings
107.93 BTC
Total Debt
$57.39M
Leverage
0.0%
mNAV
3.82x
Outstanding
$42.06M
Issue date
2024-02-01
Principal
$36.50M
Coupon
—
Maturity
2033-08-31
Conversion price
—
- 12 separate arrangements (7 in 2024 totaling $15.8M, 5 in 2025 totaling $20.7M)
- Also includes $2.6M in equipment financing (five 36-month collateralized term loans at 16.86%-17.42%)
Terms & Documentation
Terms
- BTC strategy
- No
- Ranking
- Unsecured
- Facility type
- Other
- Payment frequency
- Monthly
- Rate type
- Floating
- Rate reference
- Retrospective interest method based on actual and projected profit sharing payments, updated quarterly
Sources(1)
- Form 10-K (2025)FilingForm 10-K (2025)Note 14 — Notes PayableBitcoin Depot Inc. — 2026-03-18
Outstanding History
Outstanding history(3)
| As of | Event | Outstanding | Source |
|---|---|---|---|
| 2025-12-31 | Issuance | $42.06M Includes kiosk franchise arrangements and equipment financing | Form 10-K (2025) |
| 2024-12-31 | Issuance | $19.80M | Form 10-K (2025) |
| 2024-02-01 | Issuance | $36.50M |
- 2025-12-31 — $42,056,000Note 14 — Notes Payable — filing — Bitcoin Depot Inc.Source
- 2024-12-31 — $19,801,000Note 14 — Notes Payable — filing — Bitcoin Depot Inc.Source
- 2024-02-01 — $36,500,000