Bitcoin Depot Names Alex Holmes as CEO to Drive Fintech and 9,000-ATM Growth
Bitcoin Depot appointed Alex Holmes as CEO and Board Chairman, succeeding Scott Buchanan effective immediately. Holmes, former MoneyGram CEO and CFO, will leverage his global payments experience to expand the company’s 9,000+ Bitcoin ATMs and accelerate its shift into diversified fintech and digital asset services.
1. Leadership Transition and Board Restructuring
Bitcoin Depot’s board unanimously accepted Scott Buchanan’s resignation as CEO and appointed Alex Holmes as CEO and Executive Chair effective immediately. Founder Brandon Mintz will transition from Executive Chair to a non-executive director and advisor, ensuring strategic continuity during the leadership change.
2. Executive Credibility and Expertise
Alex Holmes brings over 16 years at MoneyGram International, where he served as CFO, COO and CEO, transforming the company into a global fintech leader across 200+ countries. He most recently served as Executive Vice Chairman at United Texas Bank, overseeing correspondent banking and U.S. dollar clearing for crypto-focused institutions.
3. Growth Strategy and Diversification
Under Holmes’ leadership, Bitcoin Depot will build on its 9,000+ kiosk footprint in 47 states by launching a broader suite of fintech and digital asset offerings. Key objectives include enhancing operational stability, advancing regulatory compliance and diversifying revenue streams beyond traditional Bitcoin ATM services.