Bitcoin Depot Surpasses 8,000 Signed Bitcoin ATM Locations Ahead of Schedule
Bitcoin Depot Inc. - Class A (BTM)
Company Research
Source: GlobeNewswire
ATLANTA, April 02, 2024 (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 it is set to surpass its ambitious goal of deploying 8,000 Bitcoin ATMs a few months ahead of schedule, having already secured contracts for over 8,000 locations. The achievement solidifies the Company’s previously announced objective of having the largest installed fleet of BTMs in its history. Now, with over 8,000 locations signed, Bitcoin Depot just needs to install enough incremental Bitcoin ATMs to reach the previously announced goal of 8,000. In January and February of 2024 Bitcoin Depot signed over 1,600 total new locations to receive its Bitcoin ATMs. This achievement follows a series of strategic initiatives for the Company in the first quarter of 2024 and underscores Bitcoin Depot's continued momentum. Notably, since the start of the year, the Company has expanded its operati
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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