Vault-13

BITCOIN DEPOT INC

*W EXP 06/30/202 · CUSIP 09174P113

28 institutional holders +3 vs Q3 2025
18,798,66018.8m shares reported held*
$2.1mreported value*
4 new 2 added 7 reduced 2 sold out net sold ≈ $66.0k (+147.5k shares)

* Summed across managers. Shares that two managers' reports both contain – a subsidiary's holdings that its parent's report includes too, or a sub-adviser's in its client's – are counted once. Holder counts are more reliable. Implied quarter-end price ≈ $0.11. Options: 1 managers hold calls ($9.3k notional), 0 hold puts (—).

Trends to Q4 2025

Institutional holders

Managers reporting a position, each quarter

02040Q2 23: 0Q3 23: 39Q4 23: 38Q1 24: 36Q2 24: 35Q3 24: 31Q4 24: 31Q1 25: 30Q2 25: 34Q3 25: 25Q4 25: 2828Q2 23Q4 23Q2 24Q4 24Q2 25Q4 25
Numbers
QuarterHolders
Q2 20230
Q3 202339
Q4 202338
Q1 202436
Q2 202435
Q3 202431
Q4 202431
Q1 202530
Q2 202534
Q3 202525
Q4 202528

Buyers vs sellers

Managers adding to or starting a position, vs cutting or selling out

Bought or addedCut or sold out
20020Q1 24: 4 bought or addedQ1 24: 10 cut or sold outQ2 24: 3 bought or addedQ2 24: 9 cut or sold outQ2 24Q3 24: 3 bought or addedQ3 24: 10 cut or sold outQ4 24: 8 bought or addedQ4 24: 10 cut or sold outQ4 24Q1 25: 3 bought or addedQ1 25: 7 cut or sold outQ2 25: 13 bought or addedQ2 25: 13 cut or sold outQ2 25Q3 25: 6 bought or addedQ3 25: 15 cut or sold outQ4 25: 6 bought or addedQ4 25: 9 cut or sold outQ4 25
Numbers
QuarterBought or addedCut or sold out
Q1 2024410
Q2 202439
Q3 2024310
Q4 2024810
Q1 202537
Q2 20251313
Q3 2025615
Q4 202569

Calls vs puts

Options held, notional value, last 4 quarters. P/C = puts ÷ calls

CallsPuts
$0$20k$40k$60kQ1 25 calls: $5.8kQ1 25 puts: $0Q1 25P/C 0.00Q2 25 calls: $32.8kQ2 25 puts: $0Q2 25P/C 0.00Q3 25 calls: $44.8kQ3 25 puts: $0Q3 25P/C 0.00Q4 25 calls: $9.3kQ4 25 puts: $0Q4 25P/C 0.00
Numbers
QuarterCallsPutsP/C
Q1 2025$5.8k$00.00
Q2 2025$32.8k$00.00
Q3 2025$44.8k$00.00
Q4 2025$9.3k$00.00

Biggest buyers

Shaolin Capital Management LLC New +500,000+500.0k
Galaxy Group Investments LLC New +400,000+400.0k
Caption Management, LLC Added +75,000+75.0k
Ionic Capital Management LLC New +65,132+65.1k
Virtu Financial LLC New +11,194+11.2k
UBS Group AG Added +909+909

Biggest sellers

HIGHBRIDGE CAPITAL MANAGEMENT LLC Sold out -733,145-733.1k
Meteora Capital, LLC Reduced -363,235-363.2k
P SCHOENFELD ASSET MANAGEMENT LP Reduced -170,000-170.0k
Weiss Asset Management LP Reduced -144,179-144.2k
ARISTEIA CAPITAL, L.L.C. Reduced -102,390-102.4k
Polar Asset Management Partners Inc. Reduced -50,077-50.1k
CSS LLC/IL Reduced -50,000-50.0k
SUSQUEHANNA INTERNATIONAL GROUP, LLP Sold out -15,919-15.9k
WOLVERINE ASSET MANAGEMENT LLC Reduced -8,980-9.0k

Biggest calls

MILLENNIUM MANAGEMENT LLC Reduced $9.3k82.5k shares

Biggest puts

None

Options at notional value: the value of the shares the contracts control, as filers report them, not what the options cost. Not included in the holders, shares or buying above.

Major shareholders (over 5%)

Anyone who owns more than 5% of a class of the company's shares has to say so: on Schedule 13D if they may try to influence or control the company, on 13G if they're a passive investor, and update it as the stake changes. Each holder's latest filing, from 19 Dec 2024 on; percentages are of the share class, as the holder worked them out.

No one currently above 5% in the filings since 19 Dec 2024.

Fell to 5% or below in the last year: Polar Asset Management Partners Inc. (2.9%, 2026-08-17), BANK OF MONTREAL /CAN/ (0.0%, 2026-02-12)

Holders, Q4 2025

#ManagerLocationShares Value% of their portfolioChangeShares change
1 Polar Asset Management Partners Inc. 0.01% of their portfolio TORONTO, A6 2,854,2742.9m $317.1k $317.1k 0.01% Reduced -50.1k -50,077
2 LMR Partners LLP 0.00% of their portfolio LONDON, X0 2,501,2662.5m $280.9k $280.9k 0.00% Unchanged
3 ARISTEIA CAPITAL, L.L.C. 0.01% of their portfolio GREENWICH, CT 2,169,1912.2m $241.0k $241.0k 0.01% Reduced -102.4k -102,390
4 Meteora Capital, LLC 0.02% of their portfolio Boca Raton, FL 1,874,9391.9m $210.6k $210.6k 0.02% Reduced -363.2k -363,235
5 Caption Management, LLC 0.01% of their portfolio OKLAHOMA CITY, OK 1,590,6771.6m $178.6k $178.6k 0.01% Added +75.0k +75,000
6 Saba Capital Management, L.P. 0.01% of their portfolio NEW YORK, NY 1,357,7951.4m $150.9k $150.9k 0.01% Unchanged
7 Calamos Advisors LLC 0.00% of their portfolio NAPERVILLE, IL 1,000,0001.0m $112.3k $112.3k 0.00% Unchanged
8 Alberta Investment Management Corp 0.00% of their portfolio EDMONTON, A0 700,000700.0k $78.6k $78.6k 0.00% Unchanged
9 D. E. Shaw & Co., Inc. 0.00% of their portfolio New York, NY 675,425675.4k $75.8k $75.8k 0.00% Unchanged
10 CSS LLC/IL 0.00% of their portfolio CHICAGO, IL 653,814653.8k $73.4k $73.4k 0.00% Reduced -50.0k -50,000
11 Shaolin Capital Management LLC 0.00% of their portfolio Miami, FL 500,000500.0k $56.1k $56.1k 0.00% New
12 Greenland Capital Management LP 0.01% of their portfolio NEW YORK, NY 500,000500.0k $56.1k $56.1k 0.01% Unchanged
13 Galaxy Group Investments LLC 0.01% of their portfolio NEW YORK, NY 400,000400.0k $44.9k $44.9k 0.01% New
14 Context Capital Management, LLC 0.00% of their portfolio LAJOLLA, CA 354,454354.5k $39.8k $39.8k 0.00% Unchanged
15 P SCHOENFELD ASSET MANAGEMENT LP 0.02% of their portfolio NEW YORK, NY 337,375337.4k $37.9k $37.9k 0.02% Reduced -170.0k -170,000
16 WHITEBOX ADVISORS LLC 0.00% of their portfolio MINNEAPOLIS, MN 213,750213.8k $24.0k $24.0k 0.00% Unchanged
17 Hudson Bay Capital Management LP 0.00% of their portfolio STAMFORD, CT 186,527186.5k $20.9k $20.9k 0.00% Unchanged
18 Weiss Asset Management LP 0.00% of their portfolio BOSTON, MA 175,385175.4k $19.7k $19.7k 0.00% Reduced -144.2k -144,179
19 WOLVERINE ASSET MANAGEMENT LLC 0.00% of their portfolio CHICAGO, IL 145,803145.8k $16.4k $16.4k 0.00% Reduced -9.0k -8,980
20 Clear Street Group Inc. 0.00% of their portfolio NEW YORK, NY 144,448144.4k $16.2k $16.2k 0.00% Unchanged
21 T3 Companies, LLC 0.02% of their portfolio NEW YORK, NY 141,614141.6k $15.9k $15.9k 0.02% First filing
22 Mint Tower Capital Management B.V. 0.00% of their portfolio AMSTERDAM, P7 100,000100.0k $11.0k $11.0k 0.00% Unchanged
23 Yakira Capital Management, Inc. 0.00% of their portfolio Westport, CT 69,76869.8k $7.8k $7.8k 0.00% Unchanged
24 Ionic Capital Management LLC 0.01% of their portfolio NEW YORK, NY 65,13265.1k $7.3k $7.3k 0.01% New
25 Blue Owl Capital Holdings LP 0.00% of their portfolio New York, NY 50,00050.0k $5.5k $5.5k 0.00% Unchanged
26 LANDSCAPE CAPITAL MANAGEMENT, L.L.C. 0.00% of their portfolio Englewood, NJ 24,06324.1k $2.7k $2.7k 0.00% Unchanged
27 Virtu Financial LLC 0.00% of their portfolio New York, NY 11,19411.2k $1.0k $1.0k 0.00% New
28 UBS Group AG 0.00% of their portfolio ZURICH, V8 1,7661.8k $198 $198 0.00% Added +909 +909