Welcome to our dedicated page for Bitcoin Depot news (Ticker: BTMWW), a resource for investors and traders seeking the latest updates and insights on Bitcoin Depot stock.
Bitcoin Depot Inc. (BTMWW) operates North America's largest Bitcoin ATM network, enabling cash-to-crypto conversions at thousands of retail locations. This page aggregates official news and press releases about the company's strategic initiatives, market position, and technological innovations in the cryptocurrency sector.
Investors and industry observers will find timely updates on earnings reports, retail partnerships with major convenience stores and gas stations, product launches including BDCheckout integrations, and regulatory developments. The curated collection serves as a reliable resource for tracking Bitcoin Depot's expansion across North America and its role in advancing crypto accessibility.
Content spans operational milestones, ATM network growth statistics, leadership announcements, and partnership expansions with grocery chains, pharmacies, and mall operators. Regular updates ensure stakeholders stay informed about profit-sharing program developments and international market entries.
Bookmark this page for direct access to Bitcoin Depot's verified financial communications and service updates. Check back frequently for new insights into the company's efforts to bridge traditional finance with digital asset ecosystems through secure, user-friendly solutions.
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.