Bitcoin Depot Inc. Stock Price, News & Analysis

Bitcoin Depot (Nasdaq: BTM), a leading U.S.-based Bitcoin ATM operator, has announced strong preliminary financial results for Q3 2025. The company expects to report revenue of approximately $160 million, an 18% increase from Q3 2024's $135.3 million. Additionally, adjusted EBITDA is projected to show an impressive 50% increase from the $9.2 million reported in Q3 2024.

CEO Brandon Mintz attributed the strong performance to the company's robust BTM network, disciplined execution, and increasing consumer cryptocurrency adoption. The company's kiosk performance exceeded expectations, demonstrating Bitcoin Depot's ability to capitalize on industry trends while maintaining profitability. The full audited Q3 2025 results will be released in November.

Bitcoin Depot (NASDAQ: BTM) has appointed Alex Holmes, former MoneyGram Chairman and CEO, to its Board of Directors and Audit Committee, effective August 20, 2025. Holmes brings over 25 years of experience in payments, compliance, and blockchain innovation.

Holmes currently serves as Executive Vice Chairman of United Texas Bank and previously led MoneyGram International from 2016-2025, where he transformed the company into a global fintech leader and oversaw its $2 billion acquisition by Madison Dearborn Partners in 2023. Under his leadership, MoneyGram achieved recognition for workplace excellence and trustworthiness.

Bitcoin Depot (NASDAQ: BTM), a leading U.S.-based Bitcoin ATM operator, has been named one of America's Greatest Companies 2025 by Newsweek and Plant-A Insights Group. The recognition highlights the company's excellence in employee satisfaction, customer experience, and business growth, evaluated through extensive metrics including employee interviews and customer surveys.

The company currently operates over 9,000 BTMs across North America and Australia, facilitating cash-to-Bitcoin conversions for payments, transfers, remittances, and investments. Bitcoin Depot's recognition comes during a significant growth period marked by strong Q2 2025 results, strategic partnerships, acquisitions, Bitcoin treasury additions, and leadership team expansion.

Bitcoin Depot (NASDAQ:BTM) reported strong Q2 2025 financial results, with revenue increasing 6% year-over-year to $172.1 million. The company demonstrated significant profitability improvements, with net income surging 183% to $12.3 million and Adjusted EBITDA growing 46% to $18.5 million.

The company's performance was driven by expanded kiosk deployment and higher transaction volumes, while operating expenses decreased 9% to $17.0 million. Gross profit margin improved by 360 basis points to 17.9%. Bitcoin Depot ended the quarter with $59.6 million in cash and digital assets, including 100.35 BTC in treasury.

Looking ahead, Bitcoin Depot expects high-single-digit revenue growth and 20-30% Adjusted EBITDA growth in Q3 2025 compared to the prior year.

Bitcoin Depot (NASDAQ:BTM), a leading U.S.-based Bitcoin ATM operator and fintech company, has scheduled its Q2 2025 earnings conference call for Tuesday, August 12th, 2025, at 10:00 AM ET. The company will release its financial results for the quarter ended June 30, 2025, before the market opens on the same day.

The conference call will be accessible via phone and webcast, with replay available until August 19, 2025. Investors can join through toll-free numbers for U.S. and Canada (888-596-4144) or the U.S. toll number (646-968-2525) using Conference ID 9071245.

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.