Bitcoin Depot
About: Bitcoin Depot Inc owns and operates the widest network of BTMs across North America where customers can buy and sell Bitcoin. Bitcoin Depot helps power the digital economy for users of cash. It has locations across the U.S. and Canada at, among others, the following types of retailers: Convenience Stores and Gas Station Chains, Pharmacies and Grocers and Mall Operators.
Employees: 126
0
Funds holding %
of 7,398 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)
14% more repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 7
4.76% less ownership
Funds ownership: 31.21% [Q3] → 26.45% (-4.76%) [Q4]
10% less funds holding
Funds holding: 30 [Q3] → 27 (-3) [Q4]
12% less capital invested
Capital invested by funds: $8.58M [Q3] → $7.54M (-$1.04M) [Q4]
29% less first-time investments, than exits
New positions opened: 5 | Existing positions closed: 7
100% less funds holding in top 10
Funds holding in top 10: 1 [Q3] → 0 (-1) [Q4]
Research analyst outlook
2 Wall Street Analysts provided 1 year price targets over the past 3 months
Low target
$4
178%
upside
Avg. target
$4.35
202%
upside
High target
$4.70
226%
upside
2 analyst ratings
2 positive
100%
0 neutral
0%
0 negative
0%
B. Riley Securities Harold Goetsch 100% 1-year accuracy 1 / 1 met price target | 226%upside $4.70 | Buy Reiterated | 19 Mar 2025 |
HC Wainwright & Co. Mike Colonnese 13% 1-year accuracy 8 / 64 met price target | 178%upside $4 | Buy Reiterated | 18 Mar 2025 |
Financial journalist opinion
Based on 6 articles about BTM published over the past 30 days
Negative
Zacks Investment Research
1 week ago
Bitcoin Depot Inc. (BTM) Reports Q4 Loss, Tops Revenue Estimates
Bitcoin Depot Inc. (BTM) came out with a quarterly loss of $0.21 per share versus the Zacks Consensus Estimate of $0.04. This compares to loss of $0.50 per share a year ago.
Neutral
GlobeNewsWire
1 week ago
Bitcoin Depot Names David Gray as Chief Financial Officer
Experienced Financial Leader Joins Bitcoin ATM Pioneer to Drive Growth and Financial Strategy Experienced Financial Leader Joins Bitcoin ATM Pioneer to Drive Growth and Financial Strategy
Neutral
Seeking Alpha
1 week ago
Bitcoin Depot Inc. (BTM) Q4 2024 Earnings Call Transcript
Bitcoin Depot Inc. (NASDAQ:BTM ) Q4 2024 Earnings Conference Call March 18, 2025 10:00 AM ET Company Participants Brandon Mintz - CEO Scott Buchanan - COO and Interim CFO Cody Slach - IR Conference Call Participants Mike Colonnese - H.C. Wainwright Mike Grondahl - Northland Securities Hal Goetsch - B.
Neutral
GlobeNewsWire
2 weeks ago
Bitcoin Depot Reports Fourth Quarter and Full Year 2024 Financial Results
Q4 Revenue of $136.8 Million Compared to $148.4 Million in the Prior Year Quarter Q4 Operating Expenses Down 16% Year-Over-Year to $15.0 Million Q4 Net Income up Significantly to $5.4 Million Compared to a Net Loss of $1.7 Million in the Prior Year Quarter Q4 Adjusted Gross Profit up 18% Year-Over-Year to $25.4 Million Q4 Adjusted EBITDA up 34% Year-Over-Year to $12.0 Million ATLANTA, March 18, 2025 (GLOBE NEWSWIRE) -- Bitcoin Depot Inc. (“Bitcoin Depot” or the “Company”), a U.S.-based Bitcoin ATM operator and leading fintech company, today reported financial results for the fourth quarter and full year ended December 31, 2024. Bitcoin Depot will host a conference call and webcast at 10:00 a.m.
Neutral
GlobeNewsWire
2 weeks ago
Bitcoin Depot Appoints Chris Ryan as Chief Legal Officer
Bitcoin ATM Leader Strengthens C-Suite to Support Expansion and Navigate Industry Progression Bitcoin ATM Leader Strengthens C-Suite to Support Expansion and Navigate Industry Progression
Neutral
GlobeNewsWire
4 weeks ago
Bitcoin Depot Schedules Fourth Quarter and Full Year 2024 Conference Call for Tuesday, March 18th at 10:00 am ET
ATLANTA, March 04, 2025 (GLOBE NEWSWIRE) -- Bitcoin Depot (“Bitcoin Depot” or the “Company”), a U.S.-based Bitcoin ATM operator and leading fintech company, will hold a conference call and live audio webcast on Tuesday, March 18th at 10:00 a.m. Eastern time (7:00 a.m.
Neutral
GlobeNewsWire
1 month ago
Bitcoin Depot Adds Another 11 BTC to its Treasury
ATLANTA, Feb. 25, 2025 (GLOBE NEWSWIRE) -- Bitcoin Depot (NASDAQ: BTM) (“Bitcoin Depot” or the “Company”), a U.S.-based Bitcoin ATM operator and leading fintech company, today announced it has purchased an additional 11.1 Bitcoin as part of its treasury strategy, first announced in June of last year. This purchase comes three weeks after the Company's purchase of 51 Bitcoin earlier this month, bringing its total treasury holdings to 82.6 BTC.
Neutral
GlobeNewsWire
1 month ago
Bitcoin Depot Adds Additional $5 Million in Bitcoin to its Treasury Holdings
ATLANTA, Feb. 03, 2025 (GLOBE NEWSWIRE) -- Bitcoin Depot (NASDAQ: BTM) (“Bitcoin Depot” or the “Company”), a U.S.-based Bitcoin ATM operator and leading fintech company, today announced it has purchased an additional $5 million in Bitcoin as part of its treasury strategy, first announced in June of last year.
Neutral
GlobeNewsWire
3 months ago
Bitcoin Depot Continues Mission of Bringing Bitcoin to the Masses as Bitcoin Surges Past All-Time High of $100,000
ATLANTA, Dec. 05, 2024 (GLOBE NEWSWIRE) -- Bitcoin Depot Inc. (“Bitcoin Depot” or the “Company”) (NASDAQ: BTM), a U.S.-based Bitcoin ATM (“BTM”) operator and leading fintech company, today celebrates a landmark moment in the cryptocurrency as Bitcoin surpasses its all-time price peak of $100,000. This industry milestone reflects growing global confidence in Bitcoin as a financial asset and highlights the increasing demand for accessible crypto solutions.
Neutral
Seeking Alpha
4 months ago
Bitcoin Depot Inc. (BTM) Q3 2024 Earnings Call Transcript
Bitcoin Depot Inc. (NASDAQ:BTM ) Q3 2024 Earnings Conference Call November 13, 2024 10:00 AM ET Company Participants Cody Slach - Gateway Group Brandon Mintz - Chief Executive Officer Glen Leibowitz - Chief Financial Officer Scott Buchanan - Chief Operating Officer Conference Call Participants Mike Colonnese - H.C. Wainwright Harold Goetsch - B.
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