Bitcoin Bancorp Reports Second Quarter Revenue and Raises Full-Year 2026 Revenue Outlook
https://www.globenewswire.com/news-release/20...tlook.html
LAS VEGAS, Sept. 01, 2026 (GLOBE NEWSWIRE) -- Bitcoin Bancorp, Inc. (OTC: BCBC) (“Bitcoin Bancorp” or the “Company”), the holder of foundational patents for Bitcoin ATMs today announced second quarter 2026 operating update and updated full-year 2026 revenue guidance.
Based on the second quarter revenues, current operating trends and early third-quarter activity, the Company is again providing updated guidance anticipating full-year 2026 revenue between $5.4 million and $5.5 million. This would represent more than double the revenue reported in fiscal year 2025, and an approximate 20%+ increase over previous revenue guidance, should management continue to successfully implement the Company’s expansion strategy.
Management previously raised its revenue outlook for 2026 and anticipates third quarter revenue to also be strong. “Delivering on results with the acceleration of our top line revenue is the company’s main focus,” said Eric Noveshen, Director of Bitcoin Bancorp. “We are not done with our aggressive expansion plans.”
Bitcoin Bancorp stated that current revenue is primarily generated through transaction activity across its cryptocurrency ATM and financial services network. The Company continues to increase utilization and enhance customer experience. The Company’s retail-focused deployment strategy emphasizes high-traffic retail environments, including established regional and national convenience store operators. This is evident with the Bitcoin Bancorp’s initial rollout in Texas, which continues to expand via its multi-phase deployment plan, along with its entry into the California, Los Angeles, marketplace. Management is confident that its deployment strategy will help enable scalable, multi-location deployment and accessible consumer entry points into digital assets across the country.
“Transaction activity and new revenue streams accelerated during the second quarter. The company has made a significant capex investment during the first quarter and that trend continues today,” said Eric Noveshen, Director of Bitcoin Bancorp. “We continue to invest and expand into key markets to increase transaction activity.”
The Company is also integrating additional revenue streams through its collaboration with Tangem. This partnership will help enable 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 continue to be enhanced.
In parallel, Bitcoin Bancorp continues to advance its intellectual property strategy. While licensing revenue was not material in 2025, management stated that the Company has established initial commercial relationships and expects additional opportunities to emerge as the network footprint expands. As the Company scales its network and deepens its market presence, management expects to pursue licensing and royalty opportunities that have the potential to become highly lucrative revenue streams.
Management indicated that they would remain focused on balancing continued investment in network growth with long-term operational scalability, revenue expansion, and shareholder value creation.
https://www.globenewswire.com/news-release/20...tlook.html
LAS VEGAS, Sept. 01, 2026 (GLOBE NEWSWIRE) -- Bitcoin Bancorp, Inc. (OTC: BCBC) (“Bitcoin Bancorp” or the “Company”), the holder of foundational patents for Bitcoin ATMs today announced second quarter 2026 operating update and updated full-year 2026 revenue guidance.
Based on the second quarter revenues, current operating trends and early third-quarter activity, the Company is again providing updated guidance anticipating full-year 2026 revenue between $5.4 million and $5.5 million. This would represent more than double the revenue reported in fiscal year 2025, and an approximate 20%+ increase over previous revenue guidance, should management continue to successfully implement the Company’s expansion strategy.
Management previously raised its revenue outlook for 2026 and anticipates third quarter revenue to also be strong. “Delivering on results with the acceleration of our top line revenue is the company’s main focus,” said Eric Noveshen, Director of Bitcoin Bancorp. “We are not done with our aggressive expansion plans.”
Bitcoin Bancorp stated that current revenue is primarily generated through transaction activity across its cryptocurrency ATM and financial services network. The Company continues to increase utilization and enhance customer experience. The Company’s retail-focused deployment strategy emphasizes high-traffic retail environments, including established regional and national convenience store operators. This is evident with the Bitcoin Bancorp’s initial rollout in Texas, which continues to expand via its multi-phase deployment plan, along with its entry into the California, Los Angeles, marketplace. Management is confident that its deployment strategy will help enable scalable, multi-location deployment and accessible consumer entry points into digital assets across the country.
“Transaction activity and new revenue streams accelerated during the second quarter. The company has made a significant capex investment during the first quarter and that trend continues today,” said Eric Noveshen, Director of Bitcoin Bancorp. “We continue to invest and expand into key markets to increase transaction activity.”
The Company is also integrating additional revenue streams through its collaboration with Tangem. This partnership will help enable 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 continue to be enhanced.
In parallel, Bitcoin Bancorp continues to advance its intellectual property strategy. While licensing revenue was not material in 2025, management stated that the Company has established initial commercial relationships and expects additional opportunities to emerge as the network footprint expands. As the Company scales its network and deepens its market presence, management expects to pursue licensing and royalty opportunities that have the potential to become highly lucrative revenue streams.
Management indicated that they would remain focused on balancing continued investment in network growth with long-term operational scalability, revenue expansion, and shareholder value creation.
