Bitcoin Depot (NASDAQ:BTM) Issues Earnings Results

Bitcoin Depot (NASDAQ:BTM) posted its earnings results on Thursday. The company reported $0.08 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.04 by $0.04, FiscalAI reports. The company had revenue of $162.48 million during the quarter, compared to analyst estimates of $153.11 million. Bitcoin Depot had a negative return on equity of 44.12% and a net margin of 0.44%. Bitcoin Depot updated its Q4 2025 guidance to EPS.

Bitcoin Depot Stock Performance

Shares of BTM stock traded down $0.15 on Friday, reaching $1.93. The stock had a trading volume of 1,319,615 shares, compared to its average volume of 1,131,739. Bitcoin Depot has a 12 month low of $0.93 and a 12 month high of $6.88. The firm has a market capitalization of $131.05 million, a price-to-earnings ratio of 19.35 and a beta of 0.79. The firm’s 50-day moving average is $3.21 and its two-hundred day moving average is $3.91. The company has a quick ratio of 1.41, a current ratio of 1.41 and a debt-to-equity ratio of 12.34.

Insider Transactions at Bitcoin Depot

In other Bitcoin Depot news, COO Christopher Scott Buchanan sold 7,000 shares of the firm’s stock in a transaction on Friday, October 3rd. The stock was sold at an average price of $3.82, for a total transaction of $26,740.00. Following the completion of the sale, the chief operating officer owned 133,276 shares of the company’s stock, valued at $509,114.32. This trade represents a 4.99% decrease in their position. The sale was disclosed in a document filed with the SEC, which is available through this hyperlink. Insiders sold a total of 21,000 shares of company stock valued at $70,280 in the last 90 days. 70.23% of the stock is owned by corporate insiders.

Institutional Trading of Bitcoin Depot

A number of institutional investors have recently bought and sold shares of BTM. Geode Capital Management LLC raised its position in shares of Bitcoin Depot by 35.9% in the second quarter. Geode Capital Management LLC now owns 171,606 shares of the company’s stock valued at $870,000 after buying an additional 45,300 shares in the last quarter. Cetera Investment Advisers acquired a new position in Bitcoin Depot in the 2nd quarter valued at $51,000. JPMorgan Chase & Co. lifted its position in shares of Bitcoin Depot by 591,055.6% during the 2nd quarter. JPMorgan Chase & Co. now owns 159,612 shares of the company’s stock valued at $809,000 after acquiring an additional 159,585 shares during the period. Quantbot Technologies LP acquired a new stake in shares of Bitcoin Depot during the 2nd quarter worth $205,000. Finally, Invesco Ltd. acquired a new stake in shares of Bitcoin Depot during the 2nd quarter worth $242,000. Institutional investors own 9.18% of the company’s stock.

Wall Street Analysts Forecast Growth

Several brokerages recently commented on BTM. Weiss Ratings reaffirmed a “sell (d+)” rating on shares of Bitcoin Depot in a research note on Wednesday, October 8th. B. Riley downgraded shares of Bitcoin Depot from a “buy” rating to a “neutral” rating in a research report on Friday. Zacks Research cut shares of Bitcoin Depot from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, August 13th. Finally, HC Wainwright upped their target price on shares of Bitcoin Depot from $5.00 to $6.50 and gave the stock a “buy” rating in a research note on Wednesday, August 13th. One analyst has rated the stock with a Strong Buy rating, three have given a Buy rating, two have given a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $5.83.

Bitcoin Depot Company Profile

Bitcoin Depot Inc owns and operates a network of cryptocurrency kiosks in North America. Its customers can buy and sell bitcoin, litecoin, and ethereum cryptocurrencies using the BTM kiosk network and other services. The company also engages in the sale of cryptocurrency to consumers at a network of retail locations through its BDCheckout product offering, as well as its website through over-the-counter trade.