Bitcoin Depot appoints Scott Buchanan as CEO, Elizabeth Simer as COO

Bitcoin Depot (BTM) announced a planned leadership transition designed to support the Company’s long-term strategy, operational scaling, and M&A objectives. Bitcoin Depot’s Board of Directors has appointed Scott Buchanan, the Company’s current President and COO, as CEO, effective January 1, 2026. Also at that time, Brandon Mintz, Founder, CEO, and Chairman of the Board, will move out of the CEO role and continue as Executive Chairman, dedicating more time to shaping Bitcoin Depot’s strategic vision, evaluating growth and M&A opportunities, and supporting the board in driving long-term value creation. From now until January 1, Mr. Mintz and Mr. Buchanan will work closely together to ensure a smooth transition into the CEO role. As part of the transition, Bitcoin Depot has also appointed Elizabeth Simer as COO. Simer brings over 15 years of experience in operational, financial, and strategic leadership, including senior roles at Slickdeals, Square, Intuit, and Opportunity Financial.