Bitcoin Depot Announces Strategic Investment from Sopris Capital
Bitcoin Depot Inc. - Class A (BTM)
Company Research
Source: GlobeNewswire
ATLANTA, April 25, 2024 (GLOBE NEWSWIRE) -- Bitcoin Depot (“Bitcoin Depot” or the “Company”) (NASDAQ: BTM), a U.S.-based Bitcoin ATM (“BTM”) operator and leading fintech company, today announced a strategic investment from Sopris Capital (“Sopris”), a 20-year-old multi-strategy investment firm. As part of the investment, Sopris Capital has purchased 2,906,976 Class A common shares and is now one of the Company`s largest independent shareholders. “We are thrilled to own part of a growing, market-leading business at such a compelling valuation. We look forward to collaborating with Bitcoin Depot as they pursue their numerous growth initiatives,” said Andy Paul, Founder and CEO of Sopris Capital. “We’re excited to welcome Sopris Capital as a strategic investor to help accelerate our growth,” said Bitcoin Depot CEO Brandon Mintz. “With their extensive network of valuable relationships and experience in the cryptocurrency space, Sopris Capital is a fantastic fit for us. Most importantl
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BTM
News
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- 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
- 5/14/24 - Form 8-K
- BTM's page on the SEC website