SCHEDULE: LMR Partners Discloses 5.9% Stake in Bitcoin Depot

LMR Partners LLP and affiliated entities have reported beneficial ownership of 5.9% of Bitcoin Depot Inc.'s Class A common stock, primarily through warrants.

Summary

• LMR Partners LLP, along with several affiliated entities (LMR Partners Limited, LMR Partners LLC, LMR Partners AG, LMR Partners (DIFC) Limited, and LMR Partners (Ireland) Limited), collectively known as the 'LMR Investment Managers', have filed a Schedule 13G.
• These entities serve as investment managers for funds that hold shares of Bitcoin Depot Inc. Class A common stock.
• The filing indicates beneficial ownership of 357,322 shares of Class A common stock, representing 5.9% of the outstanding shares.
• This ownership is primarily derived from warrants to purchase Class A common stock held by LMR Multi-Strategy Master Fund Limited and LMR CCSA Master Fund Ltd.
• Ben Levine and Stefan Renold are identified as being ultimately in control of the investment and voting decisions of the LMR Investment Managers.
• The filing date for this amendment is March 31, 2026, with the report signed on May 15, 2026.

Sentiment

Score: 5

Explanation: StockSavvy.ai views this as a neutral filing, as it solely reports ownership stakes and does not provide operational or financial performance updates for Bitcoin Depot.

Positives

• LMR Partners has disclosed a significant stake, indicating confidence or strategic interest in Bitcoin Depot.
• The ownership is structured through investment vehicles, suggesting a professional investment approach.

Negatives

• The filing does not contain financial performance data or operational updates for Bitcoin Depot, only ownership information.
• The beneficial ownership is largely tied to warrants, which introduces a layer of conditionality to the actual shareholding.

Risks

• The primary risk is the potential for significant share sales by LMR Partners if their investment strategy changes, which could impact Bitcoin Depot's stock price.
• The reliance on warrants means that the actual shareholding is contingent on the exercise of these warrants, which may depend on market conditions or company performance.

Future Outlook

This filing is a Schedule 13G, which reports beneficial ownership and does not contain forward-looking statements or guidance from Bitcoin Depot.

Industry Context

StockSavvy.ai notes that this Schedule 13G filing by LMR Partners indicates a significant institutional investor's interest in Bitcoin Depot, a company operating in the cryptocurrency ATM and financial services sector. Such filings often precede or follow periods of market activity or strategic shifts within the industry.

Stakeholder Impact

• Shareholders: May view the increased institutional interest positively, but also face potential volatility if LMR Partners adjusts its holdings.
• Management: May need to engage with LMR Partners regarding their investment strategy and outlook for Bitcoin Depot.
• Creditors: The filing itself does not directly impact creditors, but the underlying company performance does.

Next Steps

• Monitor future filings from LMR Partners for any changes in their stake in Bitcoin Depot.
• Observe Bitcoin Depot's stock performance and any potential strategic announcements that may be influenced by institutional investor interest.

Key Dates

Recommendation

This filing is purely informational regarding ownership and does not provide performance data or strategic insights into Bitcoin Depot's operations. Therefore, a 'hold' recommendation is appropriate, pending further information on the company's performance and LMR Partners' intentions.

Keywords

Bitcoin Depot, Schedule 13G, LMR Partners, Beneficial Ownership, Warrants, Class A Common Stock, SEC Filing, Investment Management