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.
免責聲明：投資有風險，本文並非投資建議，以上內容不應被視為任何金融產品的購買或出售要約、建議或邀請，作者或其他用戶的任何相關討論、評論或帖子也不應被視為此類內容。本文僅供一般參考，不考慮您的個人投資目標、財務狀況或需求。TTM對信息的準確性和完整性不承擔任何責任或保證，投資者應自行研究並在投資前尋求專業建議。