Bitcoin Depot Inc. Stock Price, News & Analysis

Bitcoin Depot (NASDAQ: BTM) has appointed Philip Brown as Chief Compliance Officer to strengthen its regulatory strategy and support global expansion. Brown, who previously served at Banxa and Alliance Trust, will oversee the company's compliance program, including AML and KYC protocols, transaction monitoring, and state-by-state compliance strategies.

In his new role, Brown will focus on enhancing Bitcoin Depot's regulatory posture, building scalable compliance systems, and strengthening internal controls. He will also lead regulatory engagement efforts as the company continues its expansion across the U.S. and internationally.

Bitcoin Depot (NASDAQ: BTM), North America's largest Bitcoin ATM operator, has expanded its Bitcoin treasury holdings to over 100 BTC. This latest purchase follows previous acquisitions of 51 and 11 BTC in February 2025, building upon the company's treasury strategy initiated in June 2024. The announcement comes during a period of strong market momentum, with Bitcoin reaching a new all-time high of $111,000. Bitcoin Depot's CEO Brandon Mintz emphasized Bitcoin's role as a foundational element in their long-term growth strategy. The company has demonstrated business growth through strategic moves, including the recent acquisition of Pelicoin's assets, and currently operates more than 8,500 Bitcoin ATM locations across North America with an expanding international presence.

Bitcoin Depot (NASDAQ: BTM) has acquired the assets of Pelicoin, LLC, a crypto ATM operator based in New Orleans, expanding its presence in the Gulf South region. The acquisition adds Bitcoin ATM kiosk locations across Louisiana, Mississippi, Tennessee, Alabama, and Texas. The integration of Pelicoin's network into Bitcoin Depot's platform will occur in the coming weeks, with all locations transitioning to Bitcoin Depot branding. Customers will benefit from enhanced services including 24/7 customer support, a strong compliance program, and continued technology investment. This strategic move aligns with Bitcoin Depot's nationwide expansion strategy and market consolidation efforts, though financial terms were not disclosed.

Bitcoin Depot (Nasdaq: BTM) has announced the elimination of its Up-C corporate structure through a merger where BT Assets, controlled by CEO Brandon Mintz, received 41,193,024 shares of Class M common stock. The restructuring results in Mintz holding 41,193,024 Class M shares (10 votes per share) and 142,973 Class A shares. The simplified structure provides several benefits: improved stock liquidity, easier stock-based acquisitions, and a clearer corporate profile. Financially, the company eliminates a $2.2 million Tax Receivable Agreement liability and expects to reduce its cash tax rate by approximately 12 percentage points, along with lower professional services costs related to tax, accounting, and legal services.

Bitcoin Depot (Nasdaq: BTM) reported strong Q1 2025 financial results, with revenue increasing 19% year-over-year to $164.2 million. The company achieved significant profitability improvements, posting net income of $12.2 million compared to a $4.2 million loss in Q1 2024. Key highlights include Adjusted EBITDA growing 315% to $20.3 million and Adjusted Gross Profit up 92% to $33.1 million. Operating expenses decreased 7% to $15.3 million. The company strengthened its balance sheet with cash, cash equivalents, and cryptocurrencies reaching $43.3 million, including the acquisition of 83 more Bitcoin, bringing total holdings to 94.35 BTC. Operating cash flow improved significantly to $16.3 million. For Q2 2025, Bitcoin Depot expects low-to-mid-single-digit revenue growth compared to Q2 2024.

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.