Bitcoin Depot Company Overview
Flow of Funds
-
Bitcoin ATM
Digital Wallet
(We never take custody
of user's wallet)
User
Bitcoin
1 B
[1]
Cash
BITCOIN
DEPOT
Bitcoin Depot BTM
B
Bitcoin Hot Wallet
BITCOIN
DEPOT
2 $
Cash
B
Bitcoin Hot Wallet
2 B
Bitcoin
CUMBERLAND
A DRW COMPANY
1 When a user inserts cash into kiosk, we initiate a transaction on the blockchain to send Bitcoin from our hot
wallet into the wallet of the user's choosing (Bitcoin Depot-branded (un-hosted, non-custodial) wallet or other
third-party)
Cash in kiosks is collected at predetermined intervals by armored transport partners
2 Bitcoin Depot replenishes its hot wallets periodically with API-based purchases from Cumberland DRW and other
liquidity providers
Bitcoin Depot will generally hold less than $500,000 in Bitcoin at any given time
BITCOIN DEPOT
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