SCHEDULE 13G/A: Owl Creek Asset Management and Jeffrey A. Altman Disclose 5.1% Stake in Bitcoin Depot Inc.
Beneficial Ownership Disclosure
Owl Creek Asset Management, L.P. and Jeffrey A. Altman have jointly reported a 5.1% beneficial ownership stake in Bitcoin Depot Inc., including shares issuable from warrants, as of December 31, 2024.
Summary
- Owl Creek Asset Management, L.P. and Jeffrey A. Altman are the Reporting Persons in this Schedule 13G filing.
- The filing pertains to their beneficial ownership of Class A Common Stock, $0.0001 par value per share, of Bitcoin Depot Inc.
- As of December 31, 2024, the Reporting Persons collectively beneficially own 945,050 shares of Class A Common Stock.
- This aggregate amount represents 5.1% of the total Class A Common Stock outstanding.
- The reported ownership includes 252,000 shares of Class A Common Stock issuable upon the exercise of warrants.
- Both Reporting Persons hold shared voting power and shared dispositive power over the 945,050 shares.
- The percentage of class is calculated based on an aggregate of 18,122,048 shares of Class A Common Stock outstanding as of November 12, 2024, as reported in the Company's Prospectus filed on November 26, 2024.
Sentiment
Score: 5
Explanation: The document is a factual disclosure of beneficial ownership and does not contain information that would indicate a positive or negative sentiment regarding the issuer's performance or outlook.
Positives
- The document is a regulatory filing disclosing beneficial ownership and does not contain specific positive financial or operational performance indicators for Bitcoin Depot Inc.
Negatives
- The document is a regulatory filing disclosing beneficial ownership and does not contain specific negative financial or operational performance indicators for Bitcoin Depot Inc.
Risks
- The document is a regulatory filing disclosing beneficial ownership and does not detail specific risks related to Bitcoin Depot Inc.'s operations or financial health.
Future Outlook
This Schedule 13G filing is a disclosure of beneficial ownership and does not contain any forward-looking statements or guidance regarding Bitcoin Depot Inc.'s future outlook.
Industry Context
This document is a regulatory filing disclosing a significant ownership stake by an investment firm in a cryptocurrency ATM company. It does not provide broader industry trends or competitive analysis.
Stakeholder Impact
- Shareholders: The disclosure provides transparency regarding a significant institutional investor's stake in Bitcoin Depot Inc., which can influence market perception and trading activity.
Key Dates
| Date | Description |
|---|---|
| 2024-11-12 | Date as of which 18,122,048 shares of Class A Common Stock were outstanding, as reported in the Company's Prospectus. |
| 2024-11-26 | Date of the Company's Prospectus filing pursuant to Rule 424(b)(5) with the SEC. |
| 2024-12-31 | Date of Event Which Requires Filing of this Statement (beneficial ownership threshold met). |
| 2025-02-14 | Signature Date of the Schedule 13G filing. |
Keywords
Bitcoin Depot, BTC, Bitcoin, Cryptocurrency, ATM, Kiosk, Financial Services, Investment, Asset Management, SEC Filing, Schedule 13G, Beneficial Ownership, Owl Creek Asset Management, Jeffrey A. Altman
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