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0 -0.00479589309436428 -0.000292707090266281 -0.00929907909846209 -0.00929907909846209 0.0627518969671044 -0.0228086371107559 0.0201967892283792
Stock impact report

Bitcoin Depot Expands Product Portfolio with Acquisition of Social Betting Platform, Kutt

Bitcoin Depot Inc. - Class A (BTM) 
Company Research Source: GlobeNewswire
ATLANTA, March 02, 2026 (GLOBE NEWSWIRE) -- Bitcoin Depot (NASDAQ: BTM), a U.S.-based Bitcoin ATM (“BTM”) operator and leading fintech company, today announced that it has acquired Kutt, a peer-to-peer (“P2P”) social betting platform that enables users to wager directly against each other on both private and publicly verifiable events. The acquisition marks Bitcoin Depot’s first entry into the P2P social betting market and reflects the Company’s broader strategy to diversify its product offerings beyond its core Bitcoin ATM business. Kutt’s platform is positioned within one of the fastest-growing segments of consumer fintech, as Americans wagered over $165 billion through U.S. sportsbooks in 2025, reflecting the continued expansion and normalization of legal, digital sports betting nationwide. Founded in 2022, Kutt lets users set the terms of their bets across a range of markets, including sports, entertainment, and even user-generated events. Kutt provides a consumer-friendly pl Show less Read more
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