Solmate Taps Bitcoin Depot Veteran Scott Buchanan as New CFO

Solmate Infrastructure PLC has appointed Scott Buchanan as its new Chief Financial Officer (CFO), effective October 1, 2026. Buchanan brings extensive experience from his time at Bitcoin Depot (BTM), where he held multiple senior roles including CFO, COO, President, and CEO. During his tenure, he helped grow company revenue from approximately $5 million to $175 million and expand headcount from 10 to 190 employees.

Buchanan's accomplishments also include completing a Nasdaq listing through an approximately $400 million SPAC merger and sourcing more than $200 million in growth capital. He previously served as Vice President of Finance at Bitcoin Standard Treasury Company, where he was responsible for financial reporting, capital markets, and treasury management.

Solmate's holdings were valued at approximately $149.6 million as of September 29, 2026, representing a 70% increase from July 31, 2026. The company held approximately 1.26 million SOL tokens.