Bitcoin Depot Plays Musical Chairs, Lands a 30% Revenue Discount Bonus

Bitcoin Depot (Nasdaq: BTM) decided it was time for a fresh shuffle of the C‑suite. CEO and director Scott Buchanan handed in his resignation effective March 23, and on that very day founder Brandon Mintz stepped off the executive chairman throne to become a non‑executive board member and advisor—basically moving from the driver’s seat to the passenger seat with a side of counsel.

The board didn’t waste a beat, installing director Alex Holmes as the new CEO and chairman. Holmes, who steered MoneyGram International from 2016 to 2024 and navigated its $2 billion sale, now swaps money‑transfer veteran for crypto‑retail captain—think of him as a seasoned pilot who’s just swapped a jumbo jet for a rocket that’s still on the launchpad.

This is the second leadership switcheroo in roughly four months. Back in November 2025 the company had announced that Buchanan would take the helm in January 2026, with Mintz moving up to executive chairman and Elizabeth Simer slated as COO—plans that now read like a draft of a “choose‑your