Welcome to our dedicated page for Bitcoin Depot news (Ticker: BTM), a resource for investors and traders seeking the latest updates and insights on Bitcoin Depot stock.
Bitcoin Depot Inc. (NASDAQ: BTM) maintains North America's largest network of Bitcoin ATMs, providing essential cash-to-crypto conversion solutions through strategic retail partnerships. This news hub offers investors and industry observers centralized access to the company's latest developments, financial disclosures, and market initiatives.
Track official press releases covering quarterly earnings, technology upgrades, regulatory compliance updates, and new retail collaborations. Our curated news collection serves as a reliable resource for understanding BTM's evolving role in bridging traditional finance with digital asset accessibility.
Key focus areas include expansion of the BDCheckout platform, partnership announcements with major convenience store chains and pharmacies, and innovations in user security protocols. All content is verified through primary sources to ensure accuracy in reporting financial metrics and operational milestones.
Bookmark this page for timely updates on Bitcoin Depot's market position, regulatory developments affecting crypto ATM operators, and strategic responses to evolving digital finance trends. For historical context, review archived announcements documenting the company's growth since its NASDAQ listing.
Bitcoin Depot (NASDAQ: BTM), a leading U.S.-based Bitcoin ATM operator and fintech company, has scheduled its first quarter 2025 earnings conference call for Thursday, May 15th, 2025, at 10:00 AM ET. The company will release its financial results for Q1 2025 (ended March 31) before market opens on the same day.
The conference call will be accessible via phone (toll-free: 888-596-4144 or toll: 646-968-2525, Conference ID: 4520708) and webcast. A replay will be available until May 22, 2025, through toll-free (800-770-2030) or toll number (609-800-9909).
Bitcoin Depot (NASDAQ: BTM), a leading U.S.-based Bitcoin ATM operator, has appointed David Gray as Chief Financial Officer, effective immediately. Gray brings over 20 years of financial leadership experience to the cryptocurrency company.
Gray joins from Aviat Networks, where as CFO he helped grow revenue from $275 million to nearly $500 million through strategic acquisitions and financial transformation. His previous roles include CFO and senior finance positions at Superior Essex, Eaton , and Newell Brands.
In his new role, Gray will oversee Bitcoin Depot's financial strategy, treasury, and corporate development. He holds a B.S. in Accounting from Penn State University and is both a Certified Management Accountant (CMA) and Certified Public Accountant (CPA).
Bitcoin Depot (BTM) reported Q4 2024 financial results with revenue of $136.8 million, down from $148.4 million in Q4 2023. Despite lower revenue, the company showed significant improvements in profitability with Q4 net income increasing to $5.4 million compared to a net loss of $1.7 million in the prior year quarter.
Key Q4 metrics include a 16% reduction in operating expenses to $15.0 million, an 18% increase in adjusted gross profit to $25.4 million, and a 34% rise in adjusted EBITDA to $12.0 million. For full-year 2024, revenue was $573.7 million, with net income up 432% to $7.8 million.
The company provided strong guidance for Q1 2025, projecting revenue between $151-154 million (9-11% growth) and adjusted EBITDA of $12-14 million (over 200% growth). Bitcoin Depot has increased its Bitcoin treasury to 94 BTC and is considering potential cash dividend initiatives.
Bitcoin Depot (NASDAQ: BTM), the largest Bitcoin ATM operator in the U.S., has appointed Chris Ryan as Chief Legal Officer to strengthen its C-suite and support expansion. Ryan, formerly Deputy General Counsel at MoneyGram International, brings over a decade of experience in cryptocurrency, financial services, and regulatory compliance.
In his new role, Ryan will lead Bitcoin Depot's legal and compliance strategy, focusing on governance, risk management, and regulatory matters. His previous experience includes leading global legal teams, negotiating fintech deals, developing compliance frameworks, and working with policymakers on cryptocurrency regulations.
At MoneyGram, Ryan oversaw cryptocurrency initiatives and regulatory strategy across North America, Latin America, Europe, and Africa. He holds a J.D. from Florida Coastal School of Law and a B.S. in Political Science from the University of Dayton.
Bitcoin Depot (BTM) has announced its upcoming fourth quarter and full year 2024 financial results conference call, scheduled for Tuesday, March 18th, 2025, at 10:00 AM ET (7:00 AM PT). The company plans to release its results before the market opens on the same day.
The conference call details include:
- Toll-free number (US & Canada): 888-596-4144
- US toll number: 646-968-2525
- Conference ID: 8224936
A webcast will be available, and a replay option will be accessible after 2:00 PM ET through March 25, 2025. For replay access:
- US & Canada toll-free: 800-770-2030
- US toll: 609-800-9909
Bitcoin Depot (NASDAQ: BTM), a U.S.-based Bitcoin ATM operator and fintech company, has announced the purchase of 11.1 Bitcoin for its treasury. This acquisition follows the company's previous purchase of 51 Bitcoin earlier this month, bringing its total treasury holdings to 82.6 BTC. The purchase aligns with Bitcoin Depot's treasury strategy, which was first announced in June 2024.
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