Northland Capital initiated coverage on Bitcoin Depot with a new price target
$BTM
Finance: Consumer Services
Finance
Northland Capital initiated coverage of Bitcoin Depot with a rating of Market Perform and set a new price target of $3.50
Save time and jump to the most important pieces.
| Date | Price Target | Rating | Analyst |
|---|---|---|---|
| 12/20/2023 | $3.50 | Market Perform | Northland Capital |
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. With yesterday's purchase of 51 BTC, the Company now holds 71.5 Bitcoin in its treasury, substantially increasing its position in the leading cryptocurrency. "Adopting Bitcoin as part of our treasury strategy underscores our long-standing belief in Bitcoin as a significant financial asset and a store of value," said Brandon Mintz, CEO of Bitcoin Depot. "We have always believed in pr
ATLANTA, Jan. 21, 2025 (GLOBE NEWSWIRE) -- Bitcoin Depot Inc. ("Bitcoin Depot" or the "Company"), a U.S.-based Bitcoin ATM operator and leading fintech company, today announced certain preliminary financial results for the fourth quarter ended December 31, 2024. The Company expects revenue to range between $135 million and $137 million, compared to $135.3 million reported in the third quarter of 2024 and $148.4 million reported in the fourth quarter of 2023. The Company also expects adjusted EBITDA to range between $11 million and $13 million, an increase of 22% to 44% compared to the $9.0 million reported in the fourth quarter of 2023 and an increase of 19% to 41% compared to the $9.2 mi
ATLANTA, Jan. 08, 2025 (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 announced the deployment of 50 additional Bitcoin ATMs in partnership with a prominent convenience store operator with locations across the Texas Panhandle and nearby states. The expansion provides customers with convenient access to purchase Bitcoin and participate in the broader digital financial system. "With this partnership, we're not only expanding our retail footprint in the Southwestern U.S.; we're directly addressing the growing demand for convenient crypto access," said Brandon Mintz, CEO o
Northland Capital initiated coverage of Bitcoin Depot with a rating of Market Perform and set a new price target of $3.50
SCHEDULE 13G/A - Bitcoin Depot Inc. (0001901799) (Subject)
SCHEDULE 13G - Bitcoin Depot Inc. (0001901799) (Subject)
8-K - Bitcoin Depot Inc. (0001901799) (Filer)
4 - Bitcoin Depot Inc. (0001901799) (Issuer)
4 - Bitcoin Depot Inc. (0001901799) (Issuer)
4 - Bitcoin Depot Inc. (0001901799) (Issuer)
4 - Bitcoin Depot Inc. (0001901799) (Issuer)
ATLANTA, Nov. 13, 2024 (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 third quarter ended September 30, 2024. Bitcoin Depot will host a conference call and webcast at 10:00 a.m. ET today. An earnings presentation and link to the webcast will be made available at ir.bitcoindepot.com. "During the third quarter, we made significant strides in expanding our Bitcoin ATM network while working to optimize existing machines for greater profitability," said Brandon Mintz, CEO and Founder of Bitcoin Depot. "We ended the quarter with 8,300 machines, surpassi
ATLANTA, Oct. 30, 2024 (GLOBE NEWSWIRE) -- Bitcoin Depot ("Bitcoin Depot" or the "Company"), a U.S.-based Bitcoin ATM ("BTM") operator and leading fintech company, will hold a conference call and live audio webcast on Wednesday, November 13th at 10:00 a.m. Eastern time (7:00 a.m. Pacific time) to discuss its financial results for the third quarter ended September 30, 2024. Bitcoin Depot plans to release results before the market open on the same day. Call Date: Wednesday, November 13, 2024 Time: 10:00 a.m. Eastern time (7:00 a.m. Pacific time) U.S. dial-in: 646-968-2525International dial-in: 888-596-4144Conference ID: 7631242 The conference call will broadcast live and be available for
Revenue of $163.1 Million With a Significant Expansion in Net Income to $4.4 Million Compared to Q1 2024 Exceeded Goal of Having Over 8,000 Active Bitcoin ATMs Five Months Ahead of Schedule ATLANTA, Aug. 13, 2024 (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 second quarter ended June 30, 2024. Bitcoin Depot will host a conference call and webcast at 10:00 a.m. ET today. An earnings presentation and link to the webcast will be made available at ir.bitcoindepot.com. "We continued to build on our momentum in the second quarter, achieving notable sequent
SC 13G/A - Bitcoin Depot Inc. (0001901799) (Subject)
SC 13G - Bitcoin Depot Inc. (0001901799) (Subject)
SC 13G - Bitcoin Depot Inc. (0001901799) (Subject)
ATLANTA, May 23, 2024 (GLOBE NEWSWIRE) -- Bitcoin Depot (NASDAQ:BTM), a U.S.-based Bitcoin ATM ("BTM") operator and leading fintech company, today announced a new retail partnership with Nouria Energy Corporation ("Nouria"), a leading convenience store brand based in the northeastern U.S. with robust operations across 175 company owned c-stores and fuel retailers. Beginning in Q2 2024, Bitcoin Depot will deploy its kiosks into 57 Nouria locations across Massachusetts, Maine, and New Hampshire. "We are thrilled to join forces with Nouria, a respected leader in convenience retail, as we continue our ambitious growth journey throughout 2024," said Brandon Mintz, CEO of Bitcoin Depot. "At Bit