Bitcoin Depot Inc. Class A (BTM)

Over the past six months, Bitcoin Depot's stock (BTM) has trended down. In April 2026, the stock surged following the appointment of Tony Gagliardi as Chief Compliance Officer, but a disclosure about hackers stealing $3.6 million from wallets exposed cybersecurity weaknesses. In March 2026, Alex Holmes was named Chairman and CEO, replacing Scott Buchanan, which led to a decrease in stock price. The company reported its Fourth Quarter and Full Year 2025 Financial Results, which saw a negative impact on the stock. Bitcoin Depot launched its Business Advance Platform, ReadyBucks, resulting in a slight stock price increase. Bitcoin Depot announced the acquisition of Instant Coin Bank to strengthen its footprint in the South-Central United States. In November 2025, Bitcoin Depot's shares dropped due to a general sell-off in crypto-related stocks, softer near-term guidance, and a $15 million equity raise.

Demand seasonality for Bitcoin Depot's products and services is a factor in its financial performance. The fourth quarter typically experiences seasonal weakness, leading to softer revenue guidance compared to the second and third quarters. The company's earnings guidance for Q4 2025 reflected the impact of typical seasonality, alongside recently enacted state regulations and enhanced compliance standards.

Bitcoin Depot, Inc. (NASDAQ: BTM) is a U.S.-based fintech company operating a large network of Bitcoin ATMs (BTMs). The company aims to connect traditional cash users with the digital financial ecosystem by providing a means of converting cash into Bitcoin. Its major products and services include Bitcoin ATMs (BTMs), BDCheckout, BitAccess, and a mobile app and website. As of August 2025, the company reported over 9,000 kiosk locations globally and states it has the largest market share in North America.

Bitcoin Depot's primary operational footprint is concentrated in North America, with an extensive network of Bitcoin ATMs across the United States and a significant and growing presence in Canada. The company's network spans 47 U.S. states. Beyond North America, Bitcoin Depot has expanded its operations into Hong Kong and Australia. The company's headquarters are located in Sandy Springs, Georgia.

Bitcoin Depot's brand reputation has been influenced by both positive strategic moves and challenges. The appointment of a new Chief Compliance Officer signaled a commitment to governance and risk controls, which was met with a positive market reaction. However, the disclosure of a $3.6 million theft from wallets due to hacking exposed cybersecurity weaknesses, which could negatively impact brand trust. Regulatory headwinds have also been highlighted by management.

Bitcoin Depot Inc. has 59 institutional owners and shareholders, holding a total of 10,471,667 shares. Individual insiders hold 53.5% of the company's shares, while the general public holds 26.7%, and institutions hold 19.8%.