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Upturn AI SWOT - About
Bitcoin Depot Inc. (BTM)
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Upturn Advisory Summary
06/30/2025: BTM (5-star) is a STRONG-BUY. BUY since 41 days. Profits (240.27%). Updated daily EoD!
Upturn Star Rating
Outstanding Performance
These Stocks/ETFs, based on Upturn Advisory, have historically outperformed the market, making them a top-tier choice for investors.
Number of Analysts
4 Analysts rated it
These Stocks/ETFs, based on Upturn Advisory, often underperform the market, warranting careful consideration before investing.
Year Target Price $7
Year Target Price $7
| 3 | Strong Buy |
| 1 | Buy |
| 0 | Hold |
| 0 | Under performing |
| 0 | Sell |
Analysis of Past Performance
Type Stock | Historic Profit 77.17% | Avg. Invested days 16 | Today’s Advisory Regular Buy |
Upturn Star Rating | Upturn Advisory Performance  3.0 | Stock Returns Performance  4.0 |
| Profits based on simulation | Last Close 06/30/2025 |
Key Highlights
Company Size Small-Cap Stock | Market Capitalization 117.22M USD | Price to earnings Ratio - | 1Y Target Price 7 |
Price to earnings Ratio - | 1Y Target Price 7 | ||
Volume (30-day avg) 4 | Beta 0.75 | 52 Weeks Range 0.93 - 6.88 | Updated Date 06/30/2025 |
52 Weeks Range 0.93 - 6.88 | Updated Date 06/30/2025 | ||
Dividends yield (FY) - | Basic EPS (TTM) -0.15 |
Analyzing Revenue: Products, Geography and Growth
Revenue by Products
Earnings Date
Report Date - | When - | Estimate - | Actual - |
Profitability
Profit Margin -0.99% | Operating Margin (TTM) 10.84% |
Management Effectiveness
Return on Assets (TTM) 29% | Return on Equity (TTM) 124.51% |
Valuation
Trailing PE - | Forward PE 10.35 | Enterprise Value 144636221 | Price to Sales(TTM) 0.2 |
Enterprise Value 144636221 | Price to Sales(TTM) 0.2 | ||
Enterprise Value to Revenue 0.24 | Enterprise Value to EBITDA 2.93 | Shares Outstanding 23119400 | Shares Floating 6930032 |
Shares Outstanding 23119400 | Shares Floating 6930032 | ||
Percent Insiders 19.55 | Percent Institutions 35.53 |
Analyst Ratings
Rating 2 | Target Price 7 | Buy 1 | Strong Buy 3 |
Buy 1 | Strong Buy 3 | ||
Hold - | Sell - | Strong Sell - | |
Strong Sell - |
Upturn AI SWOT
Bitcoin Depot Inc.
Company Overview
History and Background
Bitcoin Depot Inc. was founded in 2016 and is one of the largest cryptocurrency ATM networks. It focuses on providing convenient access to buying and selling cryptocurrency through its network of ATMs.
Core Business Areas
- ATM Operations: The core business involves operating and managing a network of Bitcoin ATMs, allowing users to buy and sell cryptocurrencies using cash.
- BDCheckout: Allows users to fund their online crypto purchases with cash at participating retail locations.
Leadership and Structure
Brandon Mintz is the CEO. The company has a typical corporate structure with departments for operations, technology, marketing, and finance.
Top Products and Market Share
Key Offerings
- BDCheckout: Allows users to fund their online crypto purchases with cash at participating retail locations. Bitcoin Depot is targeting an untapped market.
- Bitcoin ATMs: Bitcoin Depot's primary offering. Users can purchase and sell Bitcoin and other cryptocurrencies (like Litecoin and Ethereum) using cash. As of late 2023/early 2024, Bitcoin Depot held a significant market share in North America. Competitors include CoinCloud (now part of Digital Mint), Coinflip, and other smaller ATM operators. Market share data is dynamic and fluctuates based on ATM deployments and transaction volume, but it's estimated that Bitcoin Depot could hold around 15-20% of the US market. This is a very fragmented market. It's difficult to ascertain exact revenue and exact number of users. Market share varies based on region.
Market Dynamics
Industry Overview
The cryptocurrency ATM industry is growing, driven by increasing adoption of cryptocurrencies and the desire for convenient, cash-based access. Regulatory changes and price volatility are major influences.
Positioning
Bitcoin Depot is positioned as a leading provider of convenient access to cryptocurrency. It has a large ATM network and aims to offer a user-friendly experience. Competitive advantages include its ATM network size and brand recognition.
Total Addressable Market (TAM)
The TAM for cryptocurrency ATMs is estimated to be in the billions of dollars, reflecting the total potential transaction volume. Bitcoin Depot is positioned to capture a significant share of this market through network expansion and strategic partnerships. Estimates fluctuate based on overall crypto market dynamics.
Upturn SWOT Analysis
Strengths
- Large ATM network
- Established brand recognition
- User-friendly interface
- Strategic partnerships with retailers
- BDCheckout is targeted toward the unbanked population and the large segment of the population that only uses cash
Weaknesses
- High transaction fees compared to exchanges
- Reliance on cash-based transactions
- Vulnerability to regulatory changes
- Susceptibility to Crypto Volatility
Opportunities
- Expansion into new geographic markets
- Partnerships with more retailers and financial institutions
- Integration of additional cryptocurrencies
- Development of new services, such as crypto debit cards
- More Regulatory Clarity
Threats
- Increased competition from other ATM operators and exchanges
- Regulatory restrictions on cryptocurrency transactions
- Fluctuations in cryptocurrency prices
- Security risks associated with cash handling
- Technological advances in the crypto space
Competitors and Market Share
Key Competitors
- COIN:NASDAQ
- DMTK:OTCQX
- NCR:NYSE
Competitive Landscape
Bitcoin Depot benefits from its network size, but it faces competition from established crypto exchanges and other ATM operators. Its high fees are a disadvantage, while its convenience is an advantage.
Major Acquisitions
GSR II Meteora Acquisition Corp
- Year: 2023
- Acquisition Price (USD millions): 300
- Strategic Rationale: SPAC merger that allowed Bitcoin Depot to become publicly traded.
Growth Trajectory and Initiatives
Historical Growth: Bitcoin Depot has grown rapidly by expanding its ATM network and increasing transaction volume.
Future Projections: Future growth projections are based on analyst estimates and company guidance. Growth will depend on cryptocurrency adoption and market conditions. Revenue growth is expected, but profitability remains uncertain.
Recent Initiatives: Recent initiatives include expanding the ATM network, implementing new security measures, and improving the user interface.
Summary
Bitcoin Depot has established itself as a leading ATM network for cryptocurrency. Its significant ATM network size is a strength, providing convenient access to crypto. High transaction fees and regulatory risks pose challenges. Future growth depends on continued crypto adoption and strategic expansion, but crypto volatility and new regulation could be a large headwind.
Peer Comparison
Sources and Disclaimers
Data Sources:
- SEC Filings
- Company Website
- Industry Reports
- Analyst Estimates
Disclaimers:
This analysis is based on publicly available information and is not financial advice. Market conditions and company performance can change rapidly.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About Bitcoin Depot Inc.
Exchange NASDAQ | Headquaters Atlanta, GA, United States | ||
IPO Launch date 2023-07-03 | Chairman of the Board, President & CEO Mr. Brandon Mintz | ||
Sector Financial Services | Industry Capital Markets | Full time employees 126 | Website https://bitcoindepot.com |
Full time employees 126 | Website https://bitcoindepot.com | ||
Bitcoin Depot Inc. owns and operates a network of bitcoin ATMs in North America. Its customers can buy and sell bitcoin through its kiosks in various retail locations, such as convenience stores and gas station chains; pharmacies and grocers; and mall operators. The company also sells cryptocurrency to consumers at a network of retail locations through its BDCheckout product offering, as well as its website. The company was founded in 2016 and is headquartered in Atlanta, Georgia.
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