Bitcoin Depot (BTM) has announced a significant leadership transition aimed at supporting its long-term strategic goals, operational scaling, and mergers and acquisitions (M&A) objectives. The company’s Board of Directors has appointed Scott Buchanan, the current President and COO, as the new CEO, effective January 1, 2026. In this transition, Brandon Mintz, the company’s Founder, CEO, and Chairman of the Board, will step down from the CEO role but will continue to serve as Executive Chairman. In his new capacity, Mintz plans to focus on shaping the company’s strategic vision, assessing growth and M&A opportunities, and supporting the board in efforts to create long-term value.
To facilitate a seamless transition, Mintz and Buchanan will collaborate closely in the months leading up to the leadership change. In conjunction with this transition, Bitcoin Depot has also appointed Elizabeth Simer as the new COO. Simer comes to the company with over 15 years of experience in various roles across operational, financial, and strategic leadership, having previously held senior positions at well-known organizations such as Slickdeals, Square, Intuit, and Opportunity Financial.
This strategic shift underscores Bitcoin Depot’s commitment to enhancing its operational capabilities and positioning itself for future growth within the competitive cryptocurrency landscape.
