# EDGAR Filing Document

**Accession Number:** 0001095146
**File Stem:** 0001683168-25-005488
**Filing Date:** 2025-7
**Character Count:** 35743
**Document Hash:** 2a849d0791e4a56880876239489e069a
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001683168-25-005488.hdr.sgml**: 20250729

**ACCESSION NUMBER**: 0001683168-25-005488

**CONFORMED SUBMISSION TYPE**: S-8

**PUBLIC DOCUMENT COUNT**: 15

**FILED AS OF DATE**: 20250729

**EFFECTIVENESS DATE**: 20250729

**FILER**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** Athena Bitcoin Global
- **CENTRAL INDEX KEY:** 0001095146
- **STANDARD INDUSTRIAL CLASSIFICATION:** FINANCE SERVICES [6199]
- **ORGANIZATION NAME:** 09 Crypto Assets
- **EIN:** 870493596
- **STATE OF INCORPORATION:** NV
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** S-8
- **SEC ACT:** 1933 Act
- **SEC FILE NUMBER:** 333-289038
- **FILM NUMBER:** 251162078

**BUSINESS ADDRESS:**
- **STREET 1:** 800 NW 7TH AVENUE
- **CITY:** MIAMI
- **STATE:** FL
- **ZIP:** 33136
- **BUSINESS PHONE:** 312-690-4466

**MAIL ADDRESS:**
- **STREET 1:** 800 NW 7TH AVENUE
- **CITY:** MIAMI
- **STATE:** FL
- **ZIP:** 33136

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** Athena Bitcoin Global, Inc.
- **DATE OF NAME CHANGE:** 20210226

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** GAMEPLAN INC
- **DATE OF NAME CHANGE:** 19990916

**As filed with the Securities and Exchange Commission on July 29, 2025**

**Registration No. 333- ________**

**UNITED STATES**

**SECURITIES AND EXCHANGE COMMISSION**

**Washington, D.C. 20549**

___________

**FORM S-8**

**REGISTRATION STATEMENT**

**UNDER**

**THE SECURITIES ACT OF 1933**

___________

---

| |
|:---|
| **ATHENA BITCOIN GLOBAL** |
| (Exact name of registrant as specified in its charter) |

---

---

| | |
|:---|:---|
| **Nevada** | **87-0493596** |
| (State or other jurisdiction of<br> incorporation or organization) | (I.R.S. Employer<br> Identification No.) |

---

---

| | |
|:---|:---|
| **1 SE 3rd Avenue Suite 2740<br> Miami, Florida** | **33131** |
| (Address of principal executive offices) | (Zip Code) |

---

___________

**<u>Athena Bitcoin Global 2025 Equity Incentive Plan</u>**

**<u>Athena Bitcoin Global 2021 Equity Compensation Plan</u>**

(Full title of the plans)

**Matias Goldenhörn**

**Chief Executive Officer**

**Athena Bitcoin Global<br> 1 SE 3rd Avenue Suite 2740**

**Miami, Florida 33131**

(Name and address of agent for service)

**<u>(312) 690-4466</u>**

(Telephone number, including area code, of agent for service)

**Copy to:**

David M. Loev, Esq.

John S. Gillies, Esq.

The Loev Law Firm, PC

6300 West Loop South, Suite 280

Bellaire, Texas 77401

Telephone: (713) 524-4110

Facsimile: (713) 524-4122

Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reporting company or an emerging growth company. See the definitions of "<u>large accelerated filer</u>," "<u>accelerated filer</u>," "<u>smaller reporting company</u>," and "<u>emerging growth</u> <u>company</u>" in Rule 12b-2 of the Exchange Act.

Large accelerated filer ☐ Accelerated filer ☐ <br> Non-accelerated filer ☒ Smaller reporting company ☒ <br> Emerging growth company ☒

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 7(a)(2)(B) of the Securities Act. ☐

**EXPLANATORY NOTE**

This Registration Statement on Form S-8 of Athena Bitcoin Global ("<u>we</u>", "<u>us</u>", "<u>our</u>", the "<u>Company</u>" or "<u>Registrant</u>") has been prepared in accordance with the requirements of Form S-8 under the Securities Act of 1933, as amended (the "<u>Securities Act</u>"), to register (a) 409,500,955 shares of common stock, $0.001 par value per share ("<u>Common Stock</u>") reserved for future awards under the Athena Bitcoin Global 2025 Equity Incentive Plan (the "<u>2025 Plan</u>"); and (b) 98,000,000 shares of Common Stock reserved for future awards under the Athena Bitcoin Global 2021 Equity Compensation Plan (the "<u>2021 Plan</u>", and together with the 2025 Plan, the "<u>Plans</u>").

**PART I**

**INFORMATION REQUIRED IN THE SECTION 10(A) PROSPECTUS**

Items 1 and 2, from this page, and the documents incorporated by reference pursuant to Part II, Item 3 of this prospectus, constitute a prospectus that meets the requirements of Section 10(a) of the Securities Act.

**Item 1. Plan Information.**

The Company will provide each recipient (the "<u>Recipients</u>") of an award under the Plans with documents that contain information related to the Plans, and other information including, but not limited to, the disclosure required by Item 1 of Form S-8, which information is not required to be and is not being filed as a part of this Registration Statement or as prospectuses or prospectus supplements pursuant to Rule 424 under the Securities Act. The foregoing information and the documents incorporated by reference in response to Item 3 of Part II of this Registration Statement, taken together, constitute a prospectus that meets the requirements of Section 10(a) of the Securities Act. A Section 10(a) prospectus will be given to each Recipient who receives shares of Common Stock covered by this Registration Statement, in accordance with Rule 428(b)(1) under the Securities Act.

**Item 2. Registrant Information and Employee Plan Annual Information.**

We will provide to each Recipient a written statement advising of the availability of documents incorporated by reference in Item 3 of Part II of this Registration Statement (which documents are incorporated by reference in this Section 10(a) prospectus) and of documents required to be delivered pursuant to Rule 428(b) under the Securities Act without charge and upon written or oral request by contacting:

Mr. Matias Goldenhörn,

Chief Executive Officer

Athena Bitcoin Global<br> 1 SE 3rd Avenue Suite 2740

Miami, Florida 33131

(312) 690-4466

**PART II**

**INFORMATION REQUIRED IN THE REGISTRATION STATEMENT**

**Item 3. Incorporation of Documents by Reference**

The following documents filed with the Securities and Exchange Commission (the "<u>Commission</u>" or the "<u>SEC</u>") by the Company are incorporated by reference into this registration statement on Form S-8 (the "<u>Registration Statement</u>") and are made a part hereof:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) Amendment No. 8 to the Company's Registration Statement on Form S-1 filed with the SEC on [May 5, 2025](https://www.sec.gov/Archives/edgar/data/1095146/000168316825003128/athena_s1a8.htm) (File No. 333-262629), which contains the Company's audited financial statements for the latest fiscal year for which
such statements have been filed;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) The Company's Prospectus filed with the SEC on [July 7, 2025](https://www.sec.gov/Archives/edgar/data/1095146/000168316825004953/athbitcoin_424b3.htm) pursuant to Rule 424(b) under the Securities Act, relating to the Registration Statement on Form S-1, as amended (File No.
333-288284);

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c) The Company's Quarterly Report on Form 10-Q for the quarter ended
March 31, 2025 filed with the SEC on [June 2, 2025](https://www.sec.gov/ix?doc=/Archives/edgar/data/1095146/000168316825004147/abit_i10q-033125.htm) (File No. 333-262629);

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(d) The Company's Current Report on Form 8-K filed with the SEC on [July 10, 2025](https://www.sec.gov/ix?doc=/Archives/edgar/data/1095146/000168316825005005/athenabitcoin_8k.htm) (File No. 333-262629); and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(e) The description of the Company's Common Stock contained in Amendment No. 1 to the Company's
Registration Statement on Form S-1 filed with the SEC on [June 30, 2025](https://www.sec.gov/ix?doc=/Archives/edgar/data/1095146/000168316825004825/athbitcoin_s1a1.htm) (File No. 333-288284), including any amendment or report filed for the purpose of updating such description.

All documents filed by the Registrant pursuant to Sections 13(a), 13(c), 14 and 15(d) of the Securities Exchange Act of 1934, as amended (the "<u>Exchange Act</u>") on or after the date of this Registration Statement and prior to the filing of a post-effective amendment to this Registration Statement that indicates that all securities offered have been sold or that deregisters all securities then remaining unsold shall be deemed to be incorporated by reference in this Registration Statement and to be part hereof from the date of filing of such documents; provided, however, that documents or information deemed to have been furnished and not filed in accordance with the rules of the Commission shall not be deemed incorporated by reference in this Registration Statement. Any statement contained in a document incorporated or deemed to be incorporated by reference herein shall be deemed to be modified or superseded for purposes of this Registration Statement to the extent that a statement contained herein or in any subsequently filed document which also is deemed to be incorporated by reference herein modifies or supersedes such statement. Any such statement so modified or superseded shall not be deemed, except as so modified or superseded, to constitute a part of this Registration Statement.

**Item 4. Description of Securities**

Not applicable.

**Item 5. Interests of Named Experts and Counsel**

None.

**Item 6. Indemnification of Directors and Officers**

We are a Nevada corporation, and accordingly, we are subject to the corporate laws under the Nevada Revised Statutes. Article Ten of our Second Amended and Restated Articles of Incorporation, Article VI of our Amended and Restated Bylaws and the Nevada Revised Statutes, contain indemnification provisions.

Our Second Amended and Restated Articles of Incorporation provide that we will indemnify, in accordance with our Bylaws and to the fullest extent permitted by the Nevada Revised Statutes or any other applicable laws, any person who was or is a party or is threatened to be made a party to any threatened, pending or completed action, suit or proceeding, including an action by or in the right of the corporation, by reason of such person acting as a director or officer of the corporation or any of its subsidiaries against any liability or expense actually and reasonably incurred by such person.

The Company's Bylaws, as amended and restated ("<u>Bylaws</u>") provide for the indemnification of directors, officers, employees, and agents to the fullest extent permitted under applicable law. Under these provisions, the Company may indemnify any such person who is or was involved in legal proceedings, whether civil, criminal, administrative, or investigative (other than actions brought by or in the right of the Company), if the individual acted in good faith and in a manner reasonably believed to be in or not opposed to the best interests of the Company. In criminal matters, indemnification is conditioned on the individual having had no reasonable cause to believe their conduct was unlawful. A resolution of the proceeding: by judgment, settlement, or otherwise, does not by itself disqualify an individual from indemnification.

The Company may pay expenses reasonably incurred in connection with the defense or settlement of an action by or in the right of the Company, provided such indemnification is not available where the person has been adjudged liable to the Company, unless a court determines that, in view of all the circumstances, the person is fairly and reasonably entitled to indemnification.

The Bylaws further provide that individuals who successfully defend any proceeding on the merits or otherwise are entitled to mandatory indemnification for reasonable expenses incurred. All other indemnification must be authorized in each specific case upon a determination by the stockholders, a majority of disinterested directors, or independent legal counsel that the applicable standards have been met.

The Bylaws also permit the advancement of expenses to directors and officers prior to the final disposition of a proceeding, subject to an undertaking to repay such amounts if it is later determined that the individual is not entitled to indemnification. These rights are not exclusive and may be supplemented by other agreements or provisions under law, except where a final adjudication establishes that the individual engaged in intentional misconduct, fraud, or knowingly violated the law in a manner material to the matter.

Indemnification rights under the Bylaws continue for individuals who have ceased to serve the Company and extend to their heirs and legal representatives. The Company is also authorized to maintain insurance covering such liabilities, regardless of whether indemnification would be available under the Bylaws.

All members of our Board of Directors are additionally subject to the protections offered by an Indemnification Agreement by and between the Company and each of the directors. We carry director and officer liability insurance policy that covers certain liabilities of directors and officers of our corporation arising out of claims based on acts or omissions in their capacities as directors or officers.

Insofar as indemnification for liabilities arising under the Securities Act may be permitted to our directors, officers and controlling persons pursuant to the foregoing provisions, or otherwise, we have been advised that in the opinion of the SEC such indemnification is against public policy as expressed in the Securities Act and is, therefore, unenforceable.

**Item 7. Exemption From Registration Claimed**

Not applicable.

**Item 8. Exhibits**

Reference is made to the attached Exhibit Index, which is incorporated herein by reference.

**Item 9. Undertakings**

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(a) The Company hereby undertakes:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(1) To file, during any period in which offers or sales are being made, a post-effective amendment to this registration statement:

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(i) To include any prospectus required by Section 10(a)(3) of the Securities Act of 1933;

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(ii) To reflect in the prospectus any facts or events arising after the effective date of the registration statement (or the most recent post-effective amendment thereof) which, individually or in the aggregate, represent a fundamental change in the information set forth in the registration statement. Notwithstanding the foregoing, any increase or decrease in volume of securities offered (if the total dollar value of securities offered would not exceed that which was registered) and any deviation from the low or high end of the estimated maximum offering range may be reflected in the Form of prospectus filed with the Commission pursuant to Rule 424(b) if, in the aggregate, the changes in volume and price represent no more than a 20% change in the maximum aggregate offering price set forth in the "<u>Calculation of Registration Fee</u>" table in the effective registration statement; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(iii) To include any material information with respect to the plan of distribution not previously disclosed in the registration statement or any material change to such information in the registration statement.

However, paragraphs (a)(1)(i) and (a)(1)(ii) do not apply if the information required to be included in a post-effective amendment by those paragraphs is contained in periodic reports filed with or furnished to the Commission by the Company pursuant to Section 13 or Section 15(d) of the Securities Exchange Act of 1934 that are incorporated by reference in this registration statement.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(2) That, for the purpose of determining any liability under the Securities Act of 1933, each such post-effective amendment shall be deemed to be a new registration statement relating to the securities offered therein, and the offering of such securities at that time shall be deemed to be the initial bona fide offering thereof; and

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(3) To remove from registration by means of a post-effective amendment any of the securities being registered which remain unsold at the termination of the offering.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(b) The undersigned registrant hereby undertakes that, for purposes of determining any liability under the Securities Act of 1933, each filing of the registrant's annual report pursuant to section 13(a) or section 15(d) of the Securities Exchange Act of 1934 (and, where applicable, each filing of an employee benefit plan's annual report pursuant to section 15(d) of the Securities Exchange Act of 1934) that is incorporated by reference in the registration statement shall be deemed to be a new registration statement relating to the securities offered therein, and the offering of such securities at that time shall be deemed to be the initial bona fide offering thereof.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;(c) Insofar as indemnification for liabilities arising under the Securities Act of 1933 may be permitted to directors, officers and controlling persons of the Company pursuant to the foregoing provisions, or otherwise, the Company has been advised that in the opinion of the Commission such indemnification is against public policy as expressed in the Securities Act of 1933 and is, therefore, unenforceable. In the event that a claim for indemnification against such liabilities (other than the payment by the Company of expenses incurred or paid by a director, officer or controlling person of the Company in the successful defense of any action, suit or proceeding) is asserted by such director, officer or controlling person in connection with the securities being registered, our company will, unless in the opinion of its counsel the matter has been settled by controlling precedent, submit to a court of appropriate jurisdiction the question of whether such indemnification by it is against public policy as expressed in the Securities Act of 1933 and will be governed by the final adjudication of such issue.

**SIGNATURES**

Pursuant to the requirements of the Securities Act of 1933, the Registrant certifies that it has reasonable grounds to believe that it meets all of the requirements for filing on Form S-8 and has duly caused this Form S-8 to be signed on its behalf by the undersigned, thereunto duly authorized, in the city of Miami, Florida on the 29th day of July 2025.

---

| | |
|:---|:---|
| **ATHENA BITCOIN GLOBAL** | **ATHENA BITCOIN GLOBAL** |
| */s/ Matias Goldenhörn* | */s/ Matias Goldenhörn* |
| By: | Matias Goldenhörn, <br> Chief Executive Officer <br> (Principal Executive Officer) |

---

KNOW ALL PERSONS BY THESE PRESENTS, that each person whose signature appears below constitutes and appoints Mr. Matias Goldenhörn and Mr. Omar Jimenez, and each of them, as true and lawful attorneys-in-fact and agents, with full powers of substitution and resubstitution, for them and in their name, place and stead, in any and all capacities, to sign this Registration Statement, and any and all amendments thereto (including post-effective amendments), and to file the same, with exhibits and schedules thereto, and other documents in connection therewith, with the SEC, granting unto said attorneys-in-fact and agents, full power and authority to do and perform each and every act and thing necessary or desirable to be done in and about the premises, as fully to all intents and purposes as he or she might or could do in person, hereby ratifying and confirming all that said attorneys-in-fact and agents, or their or his or her substitute or substitutes, may lawfully do or cause to be done by virtue hereof. This Power of Attorney may be signed in several counterparts.

Pursuant to the requirements of the Securities Act of 1933, as amended, this registration statement has been signed by the following persons in the capacities on the dates indicated.

---

| | | |
|:---|:---|:---|
| **Signature** | **Title** | **Date** |
| */s/ Matias Goldenhörn* | Chief Executive Officer and Director | July 29, 2025 |
| Matias Goldenhörn | (Principal Executive Officer) |  |
| */s/ Omar Jimenez* | Chief Financial Officer and Director | July 29, 2025 |
| Omar Jimenez | (Principal Financial and Accounting Officer) |  |
| */s/ Carlos Carreno* | Chief Operating Officer and Director | July 29, 2025 |
| Carlos Carreno |  |  |
| */s/ Huaxing "Jason" Lu* | Director | July 29, 2025 |
| Huaxing "Jason" Lu |  |  |
| */s/ Renata Szkoda* | Director | July 29, 2025 |
| Renata Szkoda |  |  |

---

**EXHIBIT INDEX**

---

| | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|
| | | **Incorporated by Reference** | **Incorporated by Reference** | **Incorporated by Reference** | **Incorporated by Reference** | |
| <br>**Exhibit No.** | <br>**Description** | **Form** | **File No.** | **Exhibit** | **Filing**<br> **Date** | <br>**Filed**<br> **Herewith** |
| 4.1 | [Articles of Incorporation for GamePlan Inc., a Nevada corporation, as filed on December 26, 1991](https://www.sec.gov/Archives/edgar/data/1095146/000102402099000032/0001024020-99-000032.txt) | Form 10 | 000-27435 | 3.1 | 9/23/1999 |  |
| 4.2 | [Articles of Amendment to the Articles of Incorporation filed on December 30, 1993](https://www.sec.gov/Archives/edgar/data/1095146/000102402099000032/0001024020-99-000032.txt) | Form 10 | 000-27435 | 3.3(i)(i) | 9/23/1999 |  |
| 4.3 | [Amendment to the Articles of Incorporation of GamePlan, Inc. filed on January 22, 2020](https://www.sec.gov/Archives/edgar/data/1095146/000168316821001767/filename3.htm) | DRS | 377-04790 | 3.3 | 5/5/2021 |  |
| 4.4 | [Amended and Restated Articles of Incorporation of GamePlan, Inc. filed on May 13, 2020](https://www.sec.gov/Archives/edgar/data/1095146/000168316821001767/filename4.htm) | DRS | 377-04790 | 3.4 | 5/5/2021 |  |
| 4.5 | [Amendment to the Articles of Incorporation of GamePlan, Inc. filed on April 6, 2021](https://www.sec.gov/Archives/edgar/data/1095146/000168316821001767/filename5.htm) | DRS | 377-04790 | 3.4 | 5/5/2021 |  |
| 4.6 | [Second Amended and Restated Articles of Incorporation filed on January 11, 2023](https://www.sec.gov/Archives/edgar/data/1095146/000168316823007999/athbitcoin_ex0306.htm) | S-1/A | 333-262629 | 3.6 | 11/13/2023 |  |
| 4.7 | [Amended and Restated Bylaws adopted as of November 4, 2022](https://www.sec.gov/Archives/edgar/data/1095146/000168316823007999/athbitcoin_ex0311.htm) | S-1/A | 333-262629 | 3.11 | 11/13/2023 |  |
| 4.8 | [Athena Bitcoin Global 2025 Equity Incentive Plan](https://www.sec.gov/Archives/edgar/data/1095146/000168316825005005/athena_ex1001.htm)\*\*\* | 8-K | 333-262629 | 10.1 | 7/10/2025 |  |
| 4.9 | [Athena Bitcoin Global 2021 Equity Compensation Plan](https://www.sec.gov/Archives/edgar/data/1095146/000168316822000848/athena_ex1035.htm)\*\*\* | S-1/A | 333-262629 | 10.35 | 2/10/2022 |  |

---

---

| | | |
|:---|:---|:---|
| 5.1\* | [Opinion of The Loev Law Firm, PC](athenabitcoin_ex0501.htm) | X |
| 23.1\* | [Consent of FGMK, LLC, registered public accounting firm](athenabitcoin_ex2301.htm) | X |
| 23.2\* | Consent of The Loev Law Firm, PC (included in [Exhibit 5.1](athenabitcoin_ex0501.htm)) | X |
| 24.1\* | [Power of Attorney](#poa) (included on the signature page of this registration statement) | X |
| 107\* | [Filing Fee Table](athenabitcoin_ex107.htm) | X |

---

\* Filed herewith. <br>\*\*\* Indicates management contract or compensatory plan or arrangement.

## Exhibit 5.1

**EXHIBIT 5.1**

![](loevlogo.jpg)

July 29, 2025

Athena Bitcoin Global

1 SE 3rd Avenue Suite 2740

Miami, Florida 33131

**Re: Form S-8 Registration Statement**

Ladies and Gentlemen:

We have acted as counsel for Athena Bitcoin Global, a Nevada corporation (the "<u>Company</u>"), in connection with the Company's registration under the Securities Act of 1933, as amended (the "<u>Act</u>"), of the offer and sale of an aggregate of up to 409,500,955 shares of common stock, $0.001 par value per share (the "<u>Shares</u>") of the Company, pursuant to the Company's Registration Statement on Form S-8 (the "<u>Registration Statement</u>") to be filed with the Securities and Exchange Commission (the "<u>Commission</u>")on July 29, 2025, of (a) 409,500,955 shares of common stock, $0.001 par value per share ("<u>Common Stock</u>") are reserved for future awards under the Athena Bitcoin Global 2025 Equity Incentive Plan (the "<u>2025 Plan</u>"); and (b) 98,000,000 shares of Common Stock are reserved for future awards under the Athena Bitcoin Global 2021 Equity Compensation Plan (the "<u>2021 Plan</u>", and together with the 2025 Plan, the "<u>Plans</u>"), as described in greater detail in the Registration Statement to which this opinion has been filed as an exhibit.

In reaching the opinions set forth herein, we have examined and are familiar with originals or copies, certified or otherwise identified to our satisfaction, of such documents and records of the Company and such statutes, regulations and other instruments as we deemed necessary or advisable for purposes of this opinion, including (i) the Company's Second Amended and Restated Articles of Incorporation, (ii) the Company's Amended and Restated Bylaws, (iii) the Registration Statement and the exhibits thereto, (iv) certain resolutions adopted by the Board of Directors of the Company, (v) the Plan, and (vi) such other certificates, instruments, and documents as we have considered necessary for purposes of this opinion letter. We have also reviewed such matters of law as we considered necessary or appropriate as a basis for the opinion expressed below. As to various questions of fact material to the opinions expressed below, we have, without independent third party verification of their accuracy, relied in part, and to the extent we deemed reasonably necessary or appropriate, upon the representations and warranties of the Company contained in such documents, records, certificates, instruments or representations furnished or made available to us by the Company, including the Registration Statement and, to the extent that we deemed such reliance proper, upon certificates of public officials and officers or other representatives of the Company.

With your permission, we have made and relied upon the following assumptions, without any independent investigation or inquiry by us, and our opinion expressed below is subject to, and limited and qualified by the effect of, such assumptions: (1) all corporate records furnished to us by the Company are accurate and complete; (2) the Registration Statement to be filed by the Company with the Commission will be identical to the form of the document that we have reviewed; (3) all statements as to factual matters that are contained in the Registration Statement (including the exhibits to the Registration Statement) and the Plan are accurate and complete; (4) the Company will issue the Shares in accordance with the terms of the Registration Statement and the Plan; and (5) in connection with each issuance of any Shares, the Company will duly execute and deliver a stock certificate evidencing the applicable Shares or, with respect to any applicable Shares issued on an uncertificated basis, the Company will comply with applicable laws regarding the documentation of uncertificated securities.

Based upon the foregoing, and subject to the qualifications, assumptions and limitations stated herein, and having due regard for the legal considerations we deem relevant, we are of the opinion that (a) when the Shares are issued by the Company in accordance with the terms of the Plan and the instruments executed pursuant to the Plan, as applicable, which govern the awards to which any Shares relate, and (b) when the payment of the consideration for such Shares pursuant to the terms of such Plan and award agreements, have been made (which shall be at least equal to the par value of the Shares), such Shares, as applicable, will be legally issued, fully paid and non-assessable.

This opinion is expressly limited in scope to the Shares enumerated herein which are to be expressly covered by the referenced Registration Statement. Without limiting the generality of the foregoing, we neither express nor imply any opinion regarding the contents of the Registration Statement, other than as expressly stated above with respect to the Shares.

We express no opinion as to the laws of any state or jurisdiction other than the Nevada Revised Statutes and the federal laws of the United States of America. No opinion is expressed herein with respect to the qualification of the Shares under the securities or blue sky laws of any state or any foreign jurisdiction. We have made such examination of Nevada law as we have deemed relevant for purposes of this opinion. We express no opinion as to any county, municipal, city, town or village ordinance, rule, regulation or administrative decision.

The foregoing opinion assumes that all requisite steps will be taken to comply with the requirements of the Securities Act and applicable requirements of state laws regulating the offer and sale of the Shares.

This opinion (i) is rendered in connection with the filing of the Registration Statement, (ii) is rendered as of the date hereof, and we undertake no, and hereby disclaim any kind of, obligation to advise you of any change or any new developments that might affect any matters or opinions set forth herein, and (iii) is limited to the matters stated herein and no opinions may be inferred or implied beyond the matters expressly stated herein.

We hereby consent to the filing of this opinion with the Securities and Exchange Commission as an exhibit to the Registration Statement. In giving this consent, we do not thereby admit that we come within the category of persons whose consent is required under Section 7 of the Act.

---

| |
|:---|
| Sincerely, |
| */s/ The Loev Law Firm, PC* |
| The Loev Law Firm, PC |

---

## Exhibit 23.1

**EXHIBIT 23.1**

**CONSENT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM**

We consent to the incorporation by reference in this Registration Statement on Form S-8 of our report dated March 25, 2025, relating to the consolidated financial statements of Athena Bitcoin Global for the years ended December 31, 2024 and December 31, 2023.

/s/ FGMK, LLC

Chicago, Illinois

July 29, 2025

## Ex-Filing

?xml version='1.0' encoding='ASCII'? Filing Fee Exhibit

**Ex-Filing Fees**

**CALCULATION OF FILING FEE TABLES**

**S-8**

**Athena Bitcoin Global**

**Table 1: Newly Registered and Carry Forward Securities**

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| | | | | | | | | | |
|:---|:---|:---|:---|:---|:---|:---|:---|:---|:---|
| **Line Item Type** | **Security Type** | **Security Class Title** | **Notes** | **Fee Calculation<br> Rule** | **Amount Registered** | **Proposed Maximum Offering<br> Price Per Unit** | **Maximum Aggregate Offering Price** | **Fee Rate** | **Amount of Registration Fee** |
| *Newly Registered Securities* | *Newly Registered Securities* | *Newly Registered Securities* | *Newly Registered Securities* | *Newly Registered Securities* | *Newly Registered Securities* | *Newly Registered Securities* | *Newly Registered Securities* | *Newly Registered Securities* | *Newly Registered Securities* |
| Fees to be Paid | Equity | Common Stock, par value $0.001 per share | (1) | Other | 409500955 | $0.03 | $12285028.65 | 0.0001531 | $1880.84 |
| Fees to be Paid | Equity | Common Stock, par value $0.001 per share | (2) | Other | 98000000 | $0.03 | $2940000.00 | 0.0001531 | $450.11 |
| Total Offering Amounts: | Total Offering Amounts: | Total Offering Amounts: | Total Offering Amounts: | Total Offering Amounts: | Total Offering Amounts: | Total Offering Amounts: | $15225028.65 |  | 2330.95 |
| Total Fees Previously Paid: | Total Fees Previously Paid: | Total Fees Previously Paid: | Total Fees Previously Paid: | Total Fees Previously Paid: | Total Fees Previously Paid: | Total Fees Previously Paid: |  |  |  |
| Total Fee Offsets: | Total Fee Offsets: | Total Fee Offsets: | Total Fee Offsets: | Total Fee Offsets: | Total Fee Offsets: | Total Fee Offsets: |  |  | 0.00 |
| Net Fee Due: | Net Fee Due: | Net Fee Due: | Net Fee Due: | Net Fee Due: | Net Fee Due: | Net Fee Due: |  |  | $2330.95 |

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**__________________________________________ Offering Note(s)**

&nbsp;&nbsp;&nbsp;&nbsp;(1) Represents an aggregate of 409,500,955 shares of the Athena Bitcoin Global (the "Registrant" or the "Company") common stock, par value $0.001 per share (the "Common Stock") that may be issued under the Athena Bitcoin Global 2025 Equity Incentive Plan (the "2025 Plan"). Registered in this Registration Statement are 409,500,955 shares of Common Stock reserved for future issuance under the 2025 Plan. a) In accordance with Rule 416 under the Securities Act, this Registration Statement shall be deemed to cover any additional securities that may from time to time be offered or issued to prevent dilution resulting from stock splits, stock dividends, recapitalization or similar transactions. b) Amount registered represents shares reserved for issuance pursuant to future awards under the 2025 Plan. c) Proposed maximum offering price per unit is estimated solely for the purpose of calculating the registration fee pursuant to Rules 457(c) and (h) under the Securities Act, and based on the average of the high ($0.0342) and low ($0.0280) sales prices of a share of the Registrant's common stock on the OTC Pink Market on July 25, 2025, which date is within five business days of the date of the filing of this Registration Statement.

&nbsp;&nbsp;&nbsp;&nbsp;(2) Represents an aggregate of 98,000,000 shares Common Stock that may be issued under the Athena Bitcoin Global 2021 Equity Compensation Plan (the "2021 Plan"). Registered in this Registration Statement are 98,000,000 shares of Common Stock reserved for future issuance under the 2021 Plan. a) In accordance with Rule 416 under the Securities Act, this Registration Statement shall be deemed to cover any additional securities that may from time to time be offered or issued to prevent dilution resulting from stock splits, stock dividends, recapitalization or similar transactions. b) Amount registered represents shares reserved for issuance pursuant to future awards under the 2021 Plan. c) Proposed maximum offering price per unit is estimated solely for the purpose of calculating the registration fee pursuant to Rules 457(c) and (h) under the Securities Act, and based on the average of the high ($0.0342) and low ($0.0280) sales prices of a share of the Registrant's common stock on the OTC Pink Market on July 25, 2025, which date is within five business days of the date of the filing of this Registration Statement.