Bitcoin Bancorp, Inc. (OTC: BCBC) announced on May 14, 2026, that it expects full-year 2026 revenue to reach between $4.4 million and $4.6 million, more than double the revenue reported in fiscal year 2025. The company attributed the growth to the expansion of its Bitcoin ATM network into Texas and California, as well as new revenue initiatives.
During the first quarter of 2026, Bitcoin Bancorp deployed or initiated placement of more than 100 additional machines in Texas as part of a multi-phase strategy that began with an initial rollout and expanded across high-traffic retail locations. The company also entered California, with initial installations in the Los Angeles area marking the next phase of national deployment.
While the upcoming quarterly report will reflect lower revenues year-over-year compared to the strong first quarter of 2025, management anticipates that second-quarter 2026 revenue will meet or exceed the entire 2025 fiscal year revenue. Supported by a previously announced acquisition of a significant inventory of Bitcoin ATM kiosks, the company believes it is well-positioned to accelerate deployment across multiple markets and take market share from competitors in 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. “We are off to a strong start, and we are seeing strong operational momentum entering the second quarter as our Bitcoin ATM network expansion continues to scale.”
Current revenue is primarily generated through transaction activity across the company’s cryptocurrency ATM and financial services network. The retail-focused deployment strategy emphasizes high-traffic environments, including regional and national convenience store operators, enabling scalable, multi-location deployment. The company is also integrating additional revenue streams through a collaboration with Tangem, which allows users to store digital assets directly to hardware wallets at the point of transaction.
In parallel, Bitcoin Bancorp continues to advance its intellectual property strategy. While licensing revenue was not material in 2025, management has established initial commercial relationships and expects additional opportunities as the network footprint expands. The company owns foundational patents for Bitcoin ATMs, including U.S. Patent Nos. US9135787B1 and US10332205B1.
“We believe Bitcoin Bancorp is well-positioned to benefit from continued cryptocurrency adoption as we build a scalable retail-based access network,” Noveshen said. “Our Bitcoin ATM infrastructure is designed to bridge the consumer or traditional retail environments with the growing digital asset economy.”
The company also highlighted its engagement of a PCAOB-registered auditor as part of its preparation for SEC reporting readiness and potential exchange uplisting. Bitcoin Bancorp stated it remains focused on balancing continued investment in network growth with long-term operational scalability, revenue expansion, and shareholder value creation.
