Bitcoin Depot Exceeds Goal Deploying of 8,000 Bitcoin ATMs Five Months Ahead of Schedule
- Pioneering Bitcoin ATM Provider Continues Market Dominance and Accelerated Growth with the Largest Installed Fleet in Its History Pioneering Bitcoin ATM Provider Continues Market Dominance and Accelerated Growth with the Largest Installed Fleet in Its History
- 07/22/2024
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Bitcoin Depot Targets Bitcoin Treasury Strategy
- Demonstrates the Company's Confidence in the Future of Bitcoin by Strategically Allocating a Portion of Cash Reserves to BTC Demonstrates the Company's Confidence in the Future of Bitcoin by Strategically Allocating a Portion of Cash Reserves to BTC
- 06/17/2024
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Bitcoin Depot Partners with New England-Based Convenience Retailer Nouria Energy
- ATLANTA, May 23, 2024 (GLOBE NEWSWIRE) -- Bitcoin Depot (NASDAQ: BTM), a U.S.-based Bitcoin ATM (“BTM”) operator and leading fintech company, today announced a new retail partnership with Nouria Energy Corporation (“Nouria”), a leading convenience store brand based in the northeastern U.S. with robust operations across 175 company owned c-stores and fuel retailers. Beginning in Q2 2024, Bitcoin Depot will deploy its kiosks into 57 Nouria locations across Massachusetts, Maine, and New Hampshire.
- 05/23/2024
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Bitcoin price spikes above $64k on CPI relief: can it break $65k and reach new highs?
- (Kitco News) – Bitcoin’s (BTC) price climbed higher in early trading on Wednesday after the latest U.S. Consumer Price Index (CPI) report fell in line with expectations, although it showed that inflation remains sticker than the Federal Reserve preferred in April. Data provided by the U.S. Bureau of Labor Statistics showed that the CPI rose 3.6% year-over-year on a “core” basis, which strips out food and energy prices. The reading aligned with predictions from the market and showed a slight cooling from the 3.8% increase seen in March. Month-on-month CPI came in at 0.3% for April, 0.1% below expectations. This was the first reading to come in at or below market expectations in more than four months, which traders took as a positive sign regarding interest rates and the possibility of a cut coming before the end of the year. Data provided by the CME FedWatch Tool shows that following the CPI release, the market is now pricing in a roughly 70% chance the Fed will begin to cut rates at its September meeting, up from 45% the month prior. Investors now anticipate two 25 basis-point cuts this year, down from six that many analysts predicted at the start of 2024. Data provided by TradingView shows that Bitcoin bounced off a low of $61,311 in the early morning hours on Wednesday and started to claw its way higher in the lead-up to the CPI release. BTC/USD Chart by TradingView Following the report, BTC spiked from $62,500 to $65,085, and at the time of writing, traded at $65,015, an increase of 5.06% on the 24-hour chart. Stocks also benefitted from the CPI being in line with expectations as both the S&P 500 and Nasdaq Composite Index hit all-time highs. Before the CPI was released, David Morrison, Senior Market Analyst at Trade Nation, said that if the report fell in line with expectations, “that should be enough to trigger a rally, at least in the short term, given the current bullish sentiment in equities.” “If so, it could see the major indices take out their record highs from the end of March,” he added. “The NASDAQ 100 is tantalisingly close, as is the S&P 500. But then the question is: how much more upside is there, given that inflation remains way above target?” Morrison noted that just yesterday, both Core and Headline month-on-month for the Producer Price Index “came in well above expectations,” but was “largely shrugged off by traders, providing further evidence of the current strength of bullish sentiment.” “But it should also ring some warning bells, as the PPI has a significant weighting towards Services, as does the Fed’s preferred inflation measure, Core PCE,” he warned. “The next update on the latter comes at the end of the month.” “Federal Reserve Chair Jerome Powell spoke yesterday and said that inflation has been higher than anyone expected,” Morrison added. “He reiterated his message that investors should be patient when it came to getting it back down to the Fed’s 2% target.” While the broader stock market trended higher, meme stocks GameStop (GME) and AMC Entertainment (AMC) crashed 25% and 17%, respectively, following a two-day short squeeze that saw GME gain more than 180% and AMC rise 95%. As for Bitcoin, Dan Tapiero, CEO of investment firm 10T Holdings, thinks that Bitcoin could see its price surge more than 45% if it can reclaim support at $65,000. Starting to look scary bullish for #BITCOIN Break of 65k goes right to 90k...and then more..Very clear sideways overlapping flag type consolidation nearly done.Mkts always surprise.Specific catalyst unclear but it doesn't matter.DFTU as @RaoulGMI preaches. ???? ???? pic.twitter.com/KcFAwH1H80— Dan Tapiero (@DTAPCAP) May 14, 2024Market analyst Moustache agrees with Tapiero’s outlook, noting on Wednesday that the “Weekly Stoch RSI for $BTC has just crossed bullish,” signaling that “the biggest move [is] ahead.” #Bitcoin It's finally happened!Weekly Stoch RSI for $BTC has just crossed bullish.???????? Bitcoin is also doing what it has done in previous cycles. If you don't have patience here, I can't help you.Biggest move ahead. Good night bears. pic.twitter.com/FsUwhtoVV3— ????????????????????????????ⓗ???? ???? (@el_crypto_prof) May 15, 2024
- 05/20/2024
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Bitcoin Depot Inc. (BTM) Q1 2024 Earnings Call Transcript
- Bitcoin Depot Inc. (NASDAQ:BTM ) Q1 2024 Earnings Conference Call May 14, 2024 10:00 AM ET Company Participants Alex Kovtun – Gateway Group, Inc. Brandon Mintz – Chief Executive Officer Glen Leibowitz – Chief Financial Officer Scott Buchanan – Chief Operating Officer Conference Call Participants Mike Colonnese – H.C. Wainwright Patrick McCann – Noble Capital Markets Harold Goetsch – B.
- 05/14/2024
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Bitcoin Depot Reports First Quarter 2024 Financial Results
- Strengthens Footprint with Over 2,000 New Retail Locations Signed in the First Quarter of 2024 Committed to Acquire Approximately 3,200 Additional Kiosks Year-to-Date to Support Expansion Strategy Remains on Track to Deploy 8,000 Kiosks by the End of 2024 ATLANTA, May 14, 2024 (GLOBE NEWSWIRE) -- Bitcoin Depot Inc. (“Bitcoin Depot” or the “Company”), a U.S.-based Bitcoin ATM operator and leading fintech company, today reported financial results for the first quarter ended March 31, 2024. Bitcoin Depot will host a conference call and webcast at 10:00 a.m.
- 05/14/2024
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Sell in May and Go Away: 7 Stocks to Sell Before They Plunge
- Many investors agree that it's wise to “sell in May and go away.” This age-old Wall Street adage stems from the observation that stock market returns tend to be weaker during the summer months (May through October) compared to the winter months (November through April).
- 05/11/2024
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Bitcoin Depot Schedules First Quarter 2024 Conference Call for Tuesday, May 14th at 10:00 am ET
- ATLANTA, May 06, 2024 (GLOBE NEWSWIRE) -- Bitcoin Depot (“Bitcoin Depot” or the “Company”), a U.S.-based Bitcoin ATM operator and leading fintech company, will hold a conference call and live audio webcast on Tuesday, May 14th at 10:00 a.m. Eastern time (7:00 a.m. Pacific Time) to discuss its financial results for the first quarter ended March 31, 2024. Bitcoin Depot plans to release results before the market open on the same day.
- 05/06/2024
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Bitcoin Depot Announces Strategic Investment from Sopris Capital
- 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.
- 04/25/2024
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Bitcoin Depot Announces Multi-Million Dollar Investment from Fund for 250 BTMs Through Profit Share Program
- Sets a New Milestone for the Program with the Largest Investment to Date, Advancing the Company's Ambitious Growth Strategy Throughout North America Sets a New Milestone for the Program with the Largest Investment to Date, Advancing the Company's Ambitious Growth Strategy Throughout North America
- 04/12/2024
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Bitcoin Depot Falls Into Value Territory With Expansion Underway
- Bitcoin (CRYPTOCURRENCY: BTC) is trading at all-time highs, consolidating, and forming a bullish flag that should lead stocks like Bitcoin Depot NASDAQ: BTM higher. The compounded effect of widening acceptance and the upcoming halvening drives the move in Bitcoin, and even more significant gains are ahead.
- 03/28/2024
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Bitcoin Depot Expands into Puerto Rico with Nearly 100 BTM Locations Signed
- ATLANTA, March 26, 2024 (GLOBE NEWSWIRE) -- Bitcoin Depot (NASDAQ: BTM), a U.S.-based Bitcoin ATM (“BTM”) operator and leading fintech company, plans to install its BTM machines in 87 retail locations in Puerto Rico that have been signed on the Company's location agreements to receive BTMs. Bitcoin Depot currently has 40 kiosks that have arrived in Puerto Rico and are already being prepared for installation.
- 03/26/2024
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Bitcoin Depot Inc. (BTM) Q4 2023 Earnings Call Transcript
- Bitcoin Depot Inc. (BTM) Q4 2023 Earnings Call Transcript
- 03/25/2024
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Bitcoin Depot Reports Fourth Quarter and Full Year 2023 Financial Results
- FY 2023 Record Revenue of $689 Million, Up 7% Year-over-Year FY 2023 Net Income of $1.6 Million, Down 54% Year-over-Year FY 2023 Record Adjusted EBITDA (non-GAAP) of $56 Million, Up 37% Year-over-Year Strengthens Footprint and Continues Business Momentum in the First Quarter of 2024 Provides First Quarter 2024 Guidance for Revenue and Adjusted EBITDA ATLANTA, March 25, 2024 (GLOBE NEWSWIRE) -- Bitcoin Depot Inc. (“Bitcoin Depot” or the “Company”), a U.S.-based Bitcoin ATM operator and leading fintech company, today reported financial results for the fourth quarter and full year ended December 31, 2023. Bitcoin Depot will host a conference call and webcast at 11:00 a.m.
- 03/25/2024
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This Bitcoin Stock Fell 76% but Wall Street Expects a 147% Recovery
- With Bitcoin trading at record highs and the huge amount of interest in Bitcoin exchange-traded funds, it is clear that enthusiasm about the prospects for cryptocurrencies remains strong.
- 03/13/2024
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Bitcoin Depot Announces Sale of 50 New BTM Kiosks to Sopris Capital Through Franchise Program
- Franchise Program to Support the Company's Bold Expansion Strategy as North America's Market Share Leader Franchise Program to Support the Company's Bold Expansion Strategy as North America's Market Share Leader
- 03/12/2024
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Bitcoin Depot Schedules Fourth Quarter 2023 Conference Call for Monday, March 25th at 11:00 am ET
- ATLANTA, March 11, 2024 (GLOBE NEWSWIRE) -- Bitcoin Depot Inc. (“Bitcoin Depot” or the “Company”), a U.S.-based Bitcoin ATM operator and leading fintech company, will hold a conference call and live audio webcast on Monday, March 25th at 11:00 a.m. Eastern time (8:00 a.m. Pacific Time) to discuss its financial results for the fourth quarter ended December 31, 2023. Bitcoin Depot plans to release results before the market open on the same day.
- 03/11/2024
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Bitcoin Depot Completes Purchase of Roughly 400 Additional Bitcoin ATMs for Q1 2024 Expansion
- Bitcoin Depot targets to have roughly 8,000 Bitcoin ATMs installed by the end of 2024 Bitcoin Depot targets to have roughly 8,000 Bitcoin ATMs installed by the end of 2024
- 02/13/2024
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Bitcoin ATM Operator Bitcoin Depot Announces Expansion Deal with Large Convenience Store Operator
- Bitcoin Depot Plans to Install Bitcoin ATMs in Locations Across the US South Bitcoin Depot Plans to Install Bitcoin ATMs in Locations Across the US South
- 02/07/2024
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Bitcoin Depot Places Order for 500 New BTM Kiosks from Kiosk Provider Genmega
- BTM Acquisition Will Support the Company's Bold Expansion Strategy as North America's Market Share Leader BTM Acquisition Will Support the Company's Bold Expansion Strategy as North America's Market Share Leader
- 01/22/2024
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Bitcoin Depot to Deploy 940 Bitcoin ATMs at a National Convenience Store Retailer
- Bitcoin Depot Plans to Install Kiosks in Roughly 940 Stores Across 24 US States to Provide Greater Access for Users to Fund Their Bitcoin Wallet with Cash Bitcoin Depot Plans to Install Kiosks in Roughly 940 Stores Across 24 US States to Provide Greater Access for Users to Fund Their Bitcoin Wallet with Cash
- 01/17/2024
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Bitcoin Depot to Present at the Sidoti Micro-Cap Virtual Investor Conference
- ATLANTA, Jan. 11, 2024 (GLOBE NEWSWIRE) -- Bitcoin Depot (Nasdaq: BTM), a U.S.-based Bitcoin ATM operator and leading fintech company, today announced it will present at the Sidoti Micro-Cap Virtual Investor Conference being held on January 17 – 18, 2024. Bitcoin Depot's management will also host virtual one-on-one meetings with investors throughout the conference.
- 01/11/2024
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Bitcoin Depot Bolsters Expansion Efforts with the Addition of 13 New Sales Representatives Throughout the U.S.
- Expanded Sales Team Will Prioritize Strategic Expansion as Bitcoin Depot Prepares for Continued Nationwide Growth to Increase Kiosk Installations and Strengthen Nationwide Access to Bitcoin Expanded Sales Team Will Prioritize Strategic Expansion as Bitcoin Depot Prepares for Continued Nationwide Growth to Increase Kiosk Installations and Strengthen Nationwide Access to Bitcoin
- 01/11/2024
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Bitcoin Depot Launches BDCheckout in Georgia, Expanding Footprint to 28 States
- Through Partnerships with Major Convenience Retailers, BDCheckout Allows Customers to Load Cash to Their Bitcoin Depot Digital Wallets Through Partnerships with Major Convenience Retailers, BDCheckout Allows Customers to Load Cash to Their Bitcoin Depot Digital Wallets
- 12/05/2023
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Bitcoin Depot Schedules Third Quarter 2023 Conference Call for Monday, November 13th at 11:00 am ET
- ATLANTA, Oct. 30, 2023 (GLOBE NEWSWIRE) -- Bitcoin Depot Inc. (“Bitcoin Depot” or the “Company”), a U.S.-based Bitcoin ATM operator and leading fintech company, will hold a conference call and live audio webcast on Monday, November 13th at 11:00 a.m. Eastern time (8:00 a.m. Pacific Time) to discuss its financial results for the third quarter ended September 30, 2023. Bitcoin Depot plans to release results before the market open on the same day.
- 10/30/2023
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Bitcoin Depot to Participate in the 3rd Annual Needham Virtual Crypto Conference, H.C. Wainwright 25th Annual Global Investment Conference, and Northland Capital Markets Institutional Investor Conference
- ATLANTA, Aug. 24, 2023 (GLOBE NEWSWIRE) -- Bitcoin Depot Inc. (“Bitcoin Depot” or the “Company”), a U.S.-based Bitcoin ATM operator and leading fintech company, announced today its participation at the following financial conferences:
- 08/24/2023
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Bitcoin Depot Schedules Second Quarter 2023 Conference Call for Monday, August 14th at 11:00 am ET
- ATLANTA, July 25, 2023 (GLOBE NEWSWIRE) -- Bitcoin Depot Inc. (“Bitcoin Depot” or the “Company”), a U.S.-based Bitcoin ATM operator and leading fintech company, will hold a conference call and live audio webcast on Monday, August 14th at 11:00 a.m. Eastern time (8:00 a.m. Pacific Time) to discuss its financial results for the second quarter ended June 30, 2023. Bitcoin Depot plans to release results before the market open on the same day.
- 07/25/2023
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