Bitcoin Bancorp
Bitcoin Bancorp (OTC: BCBC) is a Las Vegas-based public company operating a licensed Bitcoin ATM network in Texas and California, licensing foundational U.S. Bitcoin ATM patents, and providing institutional Bitcoin treasury advisory and blockchain SaaS services.
- Company typePublic
- Founded2021
- HeadquartersLas Vegas, United States
- Headcount—
- GTM typeB2B and B2C
- OfferingServices
What Bitcoin Bancorp does
Bitcoin Bancorp, Inc. (OTC: BCBC) is a Nevada-incorporated, Las Vegas-headquartered public company that operates three interrelated lines of business in the digital-asset space. Its core operation is a licensed Bitcoin ATM network enabling retail customers to buy and sell cryptocurrencies (BTC, BCH, ETH, LTC, XRP, DOGE, and USDT) using cash, debit cards, or credit cards at physical kiosks, with active deployment in Texas (up to 200 machines planned; first 50 installed March 2026) and California (launched April 2026). The company also licenses two foundational U.S. patents covering Bitcoin ATM/kiosk devices and systems (U.S. Patent Nos. 9,135,787 and 10,332,205 B1), acquired from BOTS Inc. in 2023 through a wholly owned subsidiary, with TekX Mining and Gaming PC Solutions LLC disclosed as a manufacturing licensee.
Revenue is generated through three streams: ATM transaction fees (take rate per transaction), patent licensing royalties, and professional services advisory fees. The advisory line was opened in 2025 with NASDAQ-listed Sadot Group as the flagship institutional client for Bitcoin treasury strategy, and a complementary Bitcoin Treasury Management Platform was launched in partnership with Sailo Technologies in November 2025. The company also describes itself as a blockchain/Web 3.0 SaaS provider, though this line is not separately quantified in available materials.
The company traces its corporate history to a 2021 reverse merger involving Bullet Blockchain and Britannia Mining, pivoted from crypto mining to Bitcoin ATM operations via the 2023 patent and fleet acquisition, and rebranded from Bullet Blockchain to Bitcoin Bancorp in October 2025. It is pursuing a NASDAQ uplisting, evidenced by a reserved ticker and engagement of a PCAOB-registered independent auditor in May 2026. Leadership comprises CEO/Director Simon Rubin (10+ years in blockchain) and Director Eric Noveshen (30+ years on Wall Street, Bitcoin-active since 2013).
Bitcoin Bancorp firmographics
Firmographics- Name
- Bitcoin Bancorp
- Legal name
- Bitcoin Bancorp, Inc.
- Website
- https://bitcoinbancorp.com
- Company type
- Public
- Founded year
- 2021
- Operating status
- Operating
- Short description
- Bitcoin Bancorp (OTC: BCBC) is a Las Vegas-based public company operating a licensed Bitcoin ATM network in Texas and California, licensing foundational U.S. Bitcoin ATM patents, and providing institutional Bitcoin treasury advisory and blockchain SaaS services.
- Ownership category
- akta.pro rank
Bitcoin Bancorp industry classification
Industry- Product category
- Cryptocurrency ATM Services
- SIC
- Security & Commodity Brokers, Dealers, Exchanges & Services (6200)
- akta.pro primary industry
- POS, QR & In-Person Acceptance Infrastructure (Crypto) (FSADAIAI)
- akta.pro secondary industries
- Crypto Payments & Stablecoin Settlement Platforms (BPAMAFAL), Crypto Payment Gateways & Checkout APIs (FSADAIAA)
Keywords
Where Bitcoin Bancorp is headquartered
LocationHeadquarters
- HQ city
- Las Vegas
- HQ country
- United States
- HQ region
- North America
Offices1 record
Markets served
Bitcoin Bancorp business model
Business model- GTM type
- B2B and B2C
- Offering type
- Services
- Cost components
- Technology or R&D, Operations, Infrastructure, Personnel, Marketing or Sales, Others
Revenue model
- Bitcoin ATM Transaction Fees: Revenue generated from transaction fees charged to customers buying and selling cryptocurrencies at Bitcoin ATMs. Customers can purchase Bitcoin or other cryptocurrencies using cash, debit cards, or credit cards at the company's ATM kiosks.
- Patent Licensing: Revenue generated through licensing the company's Bitcoin ATM patents to third-party manufacturers and operators. The company owns the exclusive rights to U.S. Patent No. 9,135,787 and U.S. Patent No. 10,332,205 B1 related to Bitcoin ATM technology.
- Bitcoin Treasury Management Advisory: Bitcoin Bancorp has been retained by NASDAQ-listed companies such as Sadot Group to develop institutional Bitcoin treasury strategies, providing advisory services for corporate cryptocurrency adoption.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Transaction based/ take rate | Pay-as-you-go | Bitcoin ATM Transaction Fees |
Go-to-market motion1 record
Distribution channels3 records
Marketing channels5 records
Bitcoin Bancorp product offering
Product offeringCore offering
Bitcoin Bancorp operates a licensed Bitcoin ATM network enabling retail cash-to-cryptocurrency transactions supporting multiple digital assets (BTC, BCH, ETH, LTC, XRP, DOGE, USDT). Through its wholly owned subsidiary, the company holds and licenses two foundational U.S. patents covering Bitcoin kiosk/ATM devices and systems. It also delivers blockchain/Web 3.0 SaaS, an ATM locator tool, and Bitcoin treasury management advisory and a co-developed Bitcoin Treasury Management Platform for institutional clients.
Product overview
Bitcoin Bancorp is a diversified software development and SaaS company operating in blockchain and Web 3.0. The company's core offerings center on its licensed Bitcoin ATM network, which enables cash-to-cryptocurrency transactions supporting BTC, BCH, ETH, and LTC. The portfolio includes the patent-protected Bitcoin ATM technology (U.S. Patent No. 9,135,787 and U.S. Patent No. 10,332,205 B1) available for licensing, the Bitcoin Treasury Management Platform developed with Sailo Technologies for institutional clients, and an ATM locator service. The company also provides blockchain SaaS solutions and is publicly traded under symbol BCBC on OTC Markets.
Differentiator
Problem solved
Functional benefit
Brands
- Bullet ATM: Branded Bitcoin ATM machines integrated with the company's patented technologies, representing the first Licensed Bitcoin ATM Network in North America.
Products and services
- Bitcoin ATM Network Licensed Bitcoin ATM network enabling retail customers to buy and sell Bitcoin and other cryptocurrencies using cash, debit cards, or credit cards at physical kiosk locations; supports BTC, BCH, ETH, LTC, XRP, DOGE, and USDT.
- Bitcoin ATM Patent Licensing
Quantifiable outcome
- First Licensed Bitcoin ATM Network in North America
Companies that use Bitcoin Bancorp
Customer profileNamed customers1 record
Segments3 records
Ideal customer profiles2 records
Bitcoin Bancorp technology and API
TechnologyTechnology focussed Yes
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature3 records
Bitcoin Bancorp partnerships and signals
Strategic signalPartnerships
Four partnerships are on record, tiered flagship and core.
- Sadot Group (NASDAQ: SDOT)flagshipBitcoin Bancorp was retained by Sadot Group to develop institutional Bitcoin treasury strategy. Sadot is a NASDAQ-listed global food supply chain and agri-commodities company. This represents Bitcoin Bancorp's entry into institutional Bitcoin treasury advisory services.
- TangemcorePartnership to expand crypto access and security. Tangem is a globally recognized provider of secure hardware wallets. The partnership leverages Bitcoin Bancorp's ATM network and Tangem's technology to enhance security and accessibility.
- Sailo TechnologiescoreStrategic partnership to set a new standard in Bitcoin ATM security and fraud prevention. Sailo Technologies is a leading provider of digital-asset wallet protection systems, providing cybersecurity measures and fraud prevention technologies for Bitcoin Bancorp's ATM network.
- TekX Mining and Gaming PC Solutions LLC (BOTS Inc./BTZI)coreFirst patent licensing agreement with TekX, a division of BOTS Inc. (OTC:BTZI). TekX provides manufacturing and engineering services utilizing Bitcoin Bancorp's patented Bitcoin ATM technology.
Scale indicators4 records
Recent moves11 records
Expansion highlights6 records
Bitcoin Bancorp competitors and assessment
Company assessmentDirect peers
- Bitcoin Depot: Largest U.S. Bitcoin ATM operator with thousands of kiosks, supporting multiple cryptocurrencies and a similarly regulated, licensed operating model. Directly comparable as a public, retail-focused Bitcoin ATM network.
- Coinhub: U.S. Bitcoin ATM operator with a kiosk network supporting multiple cryptocurrencies. Direct peer with overlapping retail customer base and regulatory exposure.
- ByteFederal: U.S. Bitcoin ATM operator with a comparable physical retail footprint and multi-coin support. Direct peer for cash-to-crypto transactions and ATM network economics.
- DigitalMint: Operates Bitcoin ATMs in the U.S. and Canada with strong compliance and B2B integration focus. Comparable as a licensed Bitcoin ATM operator serving retail customers in regulated environments.
- Coinsource: One of the earliest licensed Bitcoin ATM networks in the U.S., offering cash-to-crypto transactions with a similar compliance-led positioning. Direct peer in physical crypto acceptance infrastructure.
- RockItCoin: U.S. Bitcoin ATM operator with a comparable kiosk-based cash-to-crypto model and similar retail target customer. Operates in overlapping geographies and faces the same regulatory dynamics.
- CoinFlip: Major U.S. Bitcoin ATM operator with thousands of machines and an emphasis on compliance and customer support. Closely comparable product, customer base, and regulatory exposure.
- Athena Bitcoin: Operates Bitcoin ATMs globally with a focus on regulatory compliance and a kiosk-based model. Comparable in core product and customer segment to Bitcoin Bancorp's licensed ATM network.
Emerging players
- ChainBytes: Manufactures and operates Bitcoin ATM hardware/software. Comparable as both a potential Bitcoin Bancorp patent licensee and a competing operator in the same niche.
Broad incumbents
- BOTS Inc. (parent of TekX): Public company that sold its Bitcoin ATM patent portfolio to Bitcoin Bancorp in 2023 and now holds a patent licensing agreement via its TekX division. Comparable as both a licensor-licensee and a broader crypto/blockaded public entity.
Market position
Strengths4 records
Weaknesses4 records
Competitive moat3 records
Key risks6 records
Key highlights7 records
Customer concentration
Bitcoin Bancorp social profiles
Digital presenceBitcoin Bancorp financial estimates
Financial estimateRevenue estimate
Valuation estimate
Bitcoin Bancorp leadership team
Management profileNumber of profiles
Profiles2 records
Bitcoin Bancorp subsidiaries and ownership
Company hierarchySubsidiaries1 record
Bitcoin Bancorp funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Bitcoin Bancorp M&A and investment
M&A and investmentM&A
Investments
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Bitcoin Bancorp
What does Bitcoin Bancorp do?
Bitcoin Bancorp operates a licensed Bitcoin ATM network enabling retail cash-to-cryptocurrency transactions supporting multiple digital assets (BTC, BCH, ETH, LTC, XRP, DOGE, USDT). Through its wholly owned subsidiary, the company holds and licenses two foundational U.S. patents covering Bitcoin kiosk/ATM devices and systems. It also delivers blockchain/Web 3.0 SaaS, an ATM locator tool, and Bitcoin treasury management advisory and a co-developed Bitcoin Treasury Management Platform for institutional clients.
Is Bitcoin Bancorp a public or private company?
Bitcoin Bancorp is a public company. It is classified as public and is currently operating.
When was Bitcoin Bancorp founded?
Bitcoin Bancorp was founded in 2021.
Where is Bitcoin Bancorp based?
Bitcoin Bancorp is headquartered in Las Vegas, United States, in the North America region.
How does Bitcoin Bancorp make money?
Three revenue lines are on record. Bitcoin ATM Transaction Fees are the primary driver. The others are patent Licensing and bitcoin Treasury Management Advisory.
Who are Bitcoin Bancorp's main competitors?
Direct peers on record are Bitcoin Depot, Coinhub, ByteFederal, DigitalMint, Coinsource, RockItCoin, CoinFlip and Athena Bitcoin. ChainBytes is listed as an emerging player. BOTS Inc. (parent of TekX) is listed as a broad incumbent.
Does Bitcoin Bancorp have an API?
No public API is recorded for Bitcoin Bancorp.
What industry is Bitcoin Bancorp in?
Bitcoin Bancorp's product category is Cryptocurrency ATM Services. Its primary akta.pro industry code is FSADAIAI, POS, QR & In-Person Acceptance Infrastructure (Crypto), with a secondary code of BPAMAFAL, Crypto Payments & Stablecoin Settlement Platforms. Its SIC code is 6200.