Bitcoin Depot Announces Expansion into Australia with 125 Bitcoin ATMs
Bitcoin Depot Inc. - Class A (BTM)
Company Research
Source: GlobeNewswire
ATLANTA, April 04, 2024 (GLOBE NEWSWIRE) -- Bitcoin Depot (NASDAQ: BTM), a U.S.-based Bitcoin ATM (“BTM”) operator and leading fintech company, today announced that it plans to expand its footprint internationally into Australia and ship 125 kiosks to the country in Q2 2024. The Company eagerly anticipates further expanding its global presence by offering its cash-to-Bitcoin services to individuals across the biggest metropolitan cities in the country, such as Sydney, Melbourne, and Brisbane. This announcement follows closely on the heels of the Company's expansion into Puerto Rico in March. "This strategic expansion into Australia marks a significant step for us, bringing our Bitcoin ATMs to more of an untapped market with significant growth potential and lower competition," said Brandon Mintz, CEO of Bitcoin Depot. "Our goal is to offer a simple, quick, and convenient process for converting cash into Bitcoin. We see immense opportunity for growth in Australia and are excited to w
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BTM
News
- Bitcoin Depot Inc. (NASDAQ: BTM) had its "buy" rating re-affirmed by analysts at HC Wainwright. They now have a $4.00 price target on the stock.MarketBeat
- Gateway Group Awarded Highest Honor by Hermes Creative Awards in Strategic Public Relations Category for Client, Bitcoin Depot [Yahoo! Finance]Yahoo! Finance
- Bitcoin Depot Reports First Quarter 2024 Financial Results [Yahoo! Finance]Yahoo! Finance
- Bitcoin Depot Reports First Quarter 2024 Financial ResultsGlobeNewswire
- Bitcoin Depot Schedules First Quarter 2024 Conference Call for Tuesday, May 14th at 10:00 am ETGlobeNewswire
BTM
Earnings
- 11/13/23 - Miss
BTM
Analyst Actions
- 5/14/24 - HC Wainwright
BTM
Sec Filings
- 5/15/24 - Form 10-Q
- 5/14/24 - Form 8-K
- BTM's page on the SEC website