Bitcoin Depot Inc., a leading U.S.-based Bitcoin ATM operator, announced a significant update to its corporate structure by eliminating its Up-C Restructuring. In this move, BT Assets, Inc., controlled by Founder and CEO Brandon Mintz, merged with a subsidiary of Bitcoin Depot, receiving 41,193,024 shares of Class M common stock in return. This restructuring has led to the cancellation of all shares of Class V Common Stock previously held by BT Assets, simplifying Bitcoin Depot's organizational and capital framework. The company now wholly owns its principal operating subsidiaries, which is expected to enhance stock liquidity, facilitate stock-based acquisitions, and present a clearer corporate profile. Additionally, the restructuring will result in long-term savings, including the extinguishing of a $2.2 million Tax Receivable Agreement liability and a reduction in the cash tax rate by an estimated 12 percentage points.