SCHEDULE: Owl Creek Discloses 8.8% Stake in Bitcoin Depot

Owl Creek Asset Management, L.P. and Jeffrey A. Altman have reported beneficial ownership of 502,014 shares, representing 8.8% of Bitcoin Depot Inc.'s Class A Common Stock.

Summary

• Owl Creek Asset Management, L.P. and Jeffrey A. Altman have jointly filed a Schedule 13G, indicating beneficial ownership of 502,014 shares of Bitcoin Depot Inc.'s Class A Common Stock.
• This holding represents 8.8% of the total outstanding Class A Common Stock as of March 31, 2026.
• The filing is made by Owl Creek Asset Management, L.P. as the investment manager of Owl Creek Credit Opportunities Master Fund, Ltd., and by Jeffrey A. Altman as the managing member of the general partner of Owl Creek Asset Management, L.P.
• The shares were acquired and are held in the ordinary course of business and not for the purpose of influencing control of the issuer.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral filing. It indicates a significant investment stake but provides no new operational or financial performance data, nor does it signal a change in control or strategy.

Positives

• Significant ownership stake (8.8%) by a recognized investment manager, potentially indicating confidence in Bitcoin Depot's future prospects.
• The filing confirms that the securities were acquired and are held in the ordinary course of business, suggesting a standard investment strategy rather than a hostile takeover attempt.

Negatives

• The filing does not provide details on the acquisition cost or the specific timing of the purchases, making it difficult to assess the profitability of the investment.
• No forward-looking statements or specific strategic insights are provided in this disclosure.

Risks

• The concentration of 8.8% ownership by a single entity could lead to significant influence on the company's direction, which may or may not align with other shareholders' interests.
• The nature of Bitcoin Depot's business, dealing with cryptocurrency, inherently carries risks associated with market volatility, regulatory changes, and technological advancements.

Future Outlook

No specific forward-looking statements or guidance are provided in this filing. The acquisition is stated to be in the ordinary course of business.

Management Comments

• The filing should not be construed as an admission that any of the Reporting Persons is, for the purposes of Section 13 of the Act, the beneficial owner of the securities reported herein.
• The securities referred to above were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities and were not acquired and are not held in connection with or as a participant in any transaction having that purpose or effect.

Industry Context

StockSavvy.ai notes that this filing by Owl Creek Asset Management, a significant investment firm, into Bitcoin Depot, a company operating within the cryptocurrency ATM sector, highlights continued institutional interest in the digital asset infrastructure space despite inherent market volatility.

Stakeholder Impact

• Shareholders: The significant stake held by Owl Creek may influence corporate governance and strategic decisions, potentially impacting shareholder value.
• Management: The presence of a large institutional investor may lead to increased scrutiny and expectations regarding performance and strategy.
• Creditors: No direct impact is indicated, but any significant strategic shifts influenced by Owl Creek could indirectly affect the company's financial stability.

Next Steps

• Owl Creek Asset Management will continue to hold the reported shares.
• Future amendments to this Schedule 13G will be filed if ownership levels change significantly.

Key Dates

Recommendation

This filing is a disclosure of an existing significant ownership stake and does not provide new operational or financial information that would warrant a change in investment strategy. A seasoned investor would 'hold' and await further operational updates or financial reports from Bitcoin Depot before making a buy or sell decision.

Keywords

Bitcoin Depot, Schedule 13G, Owl Creek Asset Management, Jeffrey A. Altman, Class A Common Stock, Beneficial Ownership, Investment Management, Cryptocurrency, SEC Filing