Full-Time

Vice President of Product

Posted on 9/13/2025

Bitcoin Depot

Bitcoin Depot

201-500 employees

Operates Bitcoin ATMs and cash-to-crypto services

No salary listed

Remote in USA

Remote

Category
Product (2)
,
Requirements
  • 8+ years of experience in product management, with at least 3 years in a leadership role (managing a team or product line)
  • 8+ years experience in Agile Management practices, governance, and planning
  • Deep compliance and KYC experience is essential. The candidate must have extensive knowledge of regulatory requirements in the fintech and cryptocurrency industry
  • Experience managing product compliance requirements that vary state by state highly preferred
  • Experience writing detailed requirements with extensive use case scenarios. The VP will lead the product definition process but also contribute individually to this process
  • Expert level of understanding of Jira
  • Demonstrated ability to develop and execute a product strategy that drives business growth and user adoption
  • Knowledge of digital wallets, crypto exchanges, payment transaction flows and compliance processes
  • Strong technical acumen with a basic understanding of cryptocurrency and blockchain technology
  • Exceptional communication and leadership skills, with the ability to influence and collaborate with cross-functional teams
  • Proven experience in managing and mentoring a product team
Responsibilities
  • Lead the product strategy, vision, and roadmap for all Bitcoin Depot products, including our ATM network and BDCheckout retail solutions
  • Drive development of Bitcoin Depot’s new revenue streams
  • Manage the end-to-end product lifecycle, from ideation and development to launch and post-launch analysis
  • Collaborate with key stakeholders across engineering, compliance, legal, customer support and marketing to define product requirements and ensure alignment with business goals
  • Serve as the product lead for all compliance and KYC initiatives, taking full ownership of the end-to-end framework and collaborating closely with legal and compliance departments to ensure strict adherence to regulations
  • Champion a customer-centric approach, using data and user feedback to inform product decisions and drive continuous improvement
  • Mentor and grow a team of product managers, fostering a culture of accountability, innovation, and urgency
  • Analyze market trends, competitor products, and new technologies to identify opportunities for growth and differentiation

Bitcoin Depot helps people convert cash into Bitcoin through multiple channels across North America. It operates Bitcoin ATMs where users insert cash to receive Bitcoin in their wallet, BDCheckout at over 6,000 retail checkout points to fund Bitcoin wallets, and online purchases of Bitcoin via debit/credit card with Simplex. The service works by charging transaction fees on each cash-to-Bitcoin or online purchase, which is the company’s main revenue. The company differentiates itself with the largest North American network of Bitcoin kiosks and retail partners, catering especially to cash users, unbanked individuals, and those who want quick access to cryptocurrency without traditional banks. Its goal is to make entering the digital currency market easy and accessible for a broad set of customers.

Company Size

201-500

Company Stage

IPO

Headquarters

Atlanta, Georgia

Founded

2016

Simplify Jobs

Simplify's Take

What believers are saying

  • Cash-to-Bitcoin conversion remains simple for underserved, branch-light consumer segments.
  • BDCheckout and kiosks create a multi-channel acquisition funnel for repeat customer engagement.
  • Compliance registrations and money-transmission licenses support state-by-state expansion and merchant partnerships.

What critics are saying

  • Connecticut enforcement exposes fee-cap violations, threatening shutdowns across other states.
  • Recurring wallet breaches, including March 2026, undermine trust and increase regulatory scrutiny.
  • Debt amendments and Chapter 11 pressure signal a fragile balance sheet and restructuring risk.

What makes Bitcoin Depot unique

  • Largest North American Bitcoin ATM network, with roughly 8,800 kiosks in 2024.
  • BDCheckout extends Bitcoin access into 29 states through thousands of retail locations.
  • Founded in 2016, it targets cash users excluded from traditional banking rails.

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Your Connections

People at Bitcoin Depot who can refer or advise you

Benefits

Health benefits + employer contribution

Premium coffee & gourmet teas

Weekly catered lunch

Monthly company outings & celebrations

Quarterly philanthropy activity

Company paid fitness pass

401k matching

Growth & Insights and Company News

Headcount

6 month growth

-8%

1 year growth

-8%

2 year growth

-8%
Yahoo Finance
Apr 8th, 2026
Bitcoin Depot reports $3.7M BTC theft after hackers breach corporate wallets

Bitcoin Depot disclosed in an SEC filing that hackers stole approximately 50.9 BTC, valued at $3.665 million, from company-controlled wallets on 23 March. The attackers gained access to the company's IT systems and obtained credentials for digital asset settlement accounts. The Bitcoin ATM operator has activated incident response protocols and engaged external cybersecurity experts whilst notifying law enforcement authorities. Bitcoin Depot stated that customer-facing platforms and user data remained unaffected by the breach. The company classified the incident as material to its operations, citing potential reputational damage alongside legal, regulatory and incident response costs. This marks at least the second known security incident at Bitcoin Depot, following a 2023 breach affecting 58,000 users. Shares in Bitcoin Depot are down 44% over the last 30 days.

Yahoo Finance
Mar 25th, 2026
Bitcoin Depot CEO exits as regulators crack down on crypto ATM fees exceeding legal limits

Bitcoin Depot has replaced CEO Scott Buchanan and scaled back founder Brandon Mintz's role, appointing former MoneyGram chief Alex Holmes as the new leader. The shake-up follows a Connecticut cease-and-desist order shutting down the company's machines in the state for allegedly violating fee caps. The world's largest crypto ATM operator faces mounting regulatory pressure. Connecticut authorities found over 1,000 transactions where users were charged above the state's 15% fee limit and accused the company of failing to refund fraud victims. Bitcoin Depot's stock has fallen nearly 70% over the past year as compliance costs squeeze margins. Holmes's appointment signals a shift from aggressive expansion to strict compliance. His experience running MoneyGram's regulated remittance network suggests Bitcoin Depot is adapting to stricter oversight of physical crypto access points.

Yahoo Finance
Mar 13th, 2026
Bitcoin Depot to report Q4 2025 earnings with expected revenue of $113.93M and loss of $0.47 per share

Bitcoin Depot Inc is set to release its Q4 2025 earnings on 16 March 2026. Analysts expect Q4 revenue of $113.93 million with a loss of $0.47 per share. Full-year 2025 revenue is forecast at $612.74 million with earnings of $2.59 per share. In the previous quarter, the company's revenue of $162.48 million beat expectations by 7.77%, but earnings of $0.56 per share missed estimates by 15.79%. The stock fell 17.53% following that release. Three analysts have set an average one-year price target of $25.20, suggesting a 453.85% upside from the current price of $4.55. The average brokerage recommendation is 2.3, indicating an "outperform" rating. Revenue and earnings estimates have remained flat over the past 90 days.

GlobeNewswire
Mar 2nd, 2026
Bitcoin Depot acquires social betting platform Kutt to diversify beyond Bitcoin ATMs

Bitcoin Depot, a US-based Bitcoin ATM operator, has acquired Kutt, a peer-to-peer social betting platform that enables users to wager directly against each other on sports, entertainment and user-generated events. The acquisition marks Bitcoin Depot's first entry into the social betting market as it diversifies beyond its core Bitcoin ATM business. Founded in 2022, Kutt operates in most US states and removes the traditional sportsbook house from betting, allowing users to set their own terms. The platform is positioned within a fast-growing fintech segment, with Americans wagering over $165 billion through US sportsbooks in 2025. Kutt will continue operating under its existing brand with its leadership team remaining in place. Bitcoin Depot has operated over 9,000 kiosk locations globally as of August 2025.

TradingView
Dec 29th, 2025
Bitcoin Depot cuts debt by $7M in amended credit deal with Silverview Credit Partners

Bitcoin Depot has amended its credit agreement with Silverview Credit Partners and other lenders, making a $7.0 million payment that reduces both Tranche A and Tranche B Term Loans by $3.5 million each. The amendment, signed on 19 December 2025, also updates the remaining amortisation schedule. The agreement raises the monetary judgement threshold for an Event of Default to $3.5 million and provides exceptions for certain existing matters. Bitcoin Depot says the changes are designed to lower debt and enhance financial flexibility. The amendment represents the second modification to the company's Second Amended and Restated Credit Agreement with Silverview Credit Partners.

INACTIVE