Bitcoin Bancorp Raises Full-Year 2026 Revenue Outlook on ATM Network Expansion

Bitcoin Bancorp, Inc. (OTC: BCBC), a holder of foundational patents for Bitcoin ATMs and one of only three publicly traded Bitcoin ATM network owner/operators, announced its first quarter 2026 operating update and raised its full-year 2026 revenue guidance. The company now anticipates full-year 2026 revenue between $4.4 million and $4.6 million, more than double the revenue reported in fiscal year 2025, based on current operating trends and early second-quarter activity.

The updated guidance reflects the company's expansion of its Bitcoin ATM footprint into Texas and California during the first quarter of 2026. This expansion builds upon a multi-phase deployment strategy that began with its initial rollout and has now placed more than 100 additional machines in Texas alone. The company's entry into California, with initial installations in the Los Angeles area, marks the next phase of national deployment.

Management anticipates second quarter 2026 revenue to meet or exceed full-year 2025 revenues. Supported by the previously announced acquisition of a significant inventory of Bitcoin ATM kiosks, the company believes it is well-positioned to accelerate deployment and take market share from competitors during 2026.

“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,” said Eric Noveshen, Director of Bitcoin Bancorp. “Our expansion into key markets and increasing transaction activity are contributing to meaningful operational momentum as we continue scaling our Bitcoin ATM footprint.”

Current revenue is primarily generated through transaction activity across the company's cryptocurrency ATM and financial services network. The company's retail-focused deployment strategy emphasizes high-traffic environments, including established regional and national convenience store operators, enabling scalable multi-location deployment and accessible consumer entry points into digital assets.

The company is also 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. Management believes increasing demand for seamless fiat-to-digital conversion will continue to support adoption, particularly as security measures are enhanced.

In parallel, Bitcoin Bancorp continues to advance its intellectual property strategy. While licensing revenue was not material in 2025, the company has established initial commercial relationships and expects additional opportunities as the network footprint expands. Management expects to pursue licensing and royalty opportunities that have the potential to become highly lucrative revenue streams.

“We believe Bitcoin Bancorp is well-positioned to benefit from continued cryptocurrency adoption as we build a scalable retail-based access network,” Noveshen continued. “Our Bitcoin ATM infrastructure is designed to bridge the consumer or traditional retail environments with the growing digital asset economy.”

The company noted its recent engagement of a PCAOB-registered auditor as part of its preparation for SEC reporting readiness and potential exchange uplisting objectives. Bitcoin Bancorp stated it remains focused on balancing continued investment in network growth with long-term operational scalability, revenue expansion, and shareholder value creation.