Bitcoin Bancorp Doubles Revenue Outlook as ATM Network Expands

Bitcoin Bancorp, Inc. (OTC: BCBC), a holder of foundational patents for Bitcoin ATMs and one of only three publicly traded Bitcoin ATM network operators, has announced a first quarter 2026 operating update and raised its full-year 2026 revenue guidance to between $4.4 million and $4.6 million, more than double its fiscal 2025 revenue. The company attributed this accelerated growth to its expansion of the Bitcoin ATM network into Texas and California, building on a multi-phase deployment strategy that began with an initial rollout in Texas. Year-to-date, over 100 additional machines have been deployed or initiated in Texas alone, with initial installations in Los Angeles marking the next phase of national deployment. The company also highlighted its previously announced acquisition of a significant inventory of Bitcoin ATM kiosks, which positions it to accelerate deployment and gain market share.

Current revenue is primarily generated through transaction activity across its cryptocurrency ATM and financial services network, with increasing utilization and enhanced customer experience. The company is integrating additional revenue streams through its collaboration with Tangem, which enables users to store digital assets directly to hardware wallets at the point of transaction. Additionally, Bitcoin Bancorp is advancing its intellectual property strategy, establishing initial commercial relationships and expecting licensing and royalty opportunities as its network footprint expands. The company also noted its recent engagement of a PCAOB-registered auditor as part of preparation for SEC reporting readiness and potential exchange uplisting.

Eric Noveshen, Director of Bitcoin Bancorp, stated, "While 2025 was a year focused on building the operational foundation of our ATM network, we are now beginning to see the early impact of that investment. Our expansion into key markets and increasing transaction activity are contributing to meaningful operational momentum as we continue scaling our Bitcoin ATM footprint." The company remains focused on balancing network growth with long-term scalability and shareholder value. Bitcoin Bancorp owns and licenses foundational intellectual property for Bitcoin ATMs, including U.S. Patent Nos. US9135787B1 and US10332205B1, and forms a growing network of compliant retail access points across convenience-store and retail environments.