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Bitcoin Depot Inc. (BTMWW)



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Upturn Advisory Summary
08/28/2025: BTMWW (1-star) is currently NOT-A-BUY. Pass it for now.
Analysis of Past Performance
Type Stock | Historic Profit 145% | Avg. Invested days 50 | Today’s Advisory PASS |
Upturn Star Rating ![]() ![]() | Upturn Advisory Performance ![]() | Stock Returns Performance ![]() |
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Key Highlights
Company Size ETF | Market Capitalization 0 USD | Price to earnings Ratio - | 1Y Target Price - |
Price to earnings Ratio - | 1Y Target Price - | ||
Volume (30-day avg) - | Beta - | 52 Weeks Range 0.03 - 0.73 | Updated Date 02/26/2025 |
52 Weeks Range 0.03 - 0.73 | Updated Date 02/26/2025 | ||
Dividends yield (FY) - | Basic EPS (TTM) - |
Earnings Date
Report Date - | When - | Estimate - | Actual - |
Profitability
Profit Margin - | Operating Margin (TTM) - |
Management Effectiveness
Return on Assets (TTM) - | Return on Equity (TTM) - |
Valuation
Trailing PE - | Forward PE - | Enterprise Value - | Price to Sales(TTM) - |
Enterprise Value - | Price to Sales(TTM) - | ||
Enterprise Value to Revenue - | Enterprise Value to EBITDA - | Shares Outstanding - | Shares Floating - |
Shares Outstanding - | Shares Floating - | ||
Percent Insiders - | Percent Institutions - |
Upturn AI SWOT
Bitcoin Depot Inc.
Company Overview
History and Background
Bitcoin Depot Inc. was founded in 2016. It rapidly expanded to become one of the largest networks of Bitcoin ATMs (BTMs) in North America, providing a convenient way for users to buy and sell cryptocurrency with cash.
Core Business Areas
- Bitcoin ATMs: Provides a network of BTMs where users can buy and sell Bitcoin and other cryptocurrencies using cash. This is their primary revenue stream.
- BDCheckout: Enables users to fund their Bitcoin Depot accounts with cash at participating retail locations.
- Mobile App: Offers a mobile app for managing accounts and transactions.
Leadership and Structure
Brandon Mintz is the CEO and founder. The company has a typical corporate structure with departments for operations, finance, marketing, and technology.
Top Products and Market Share
Key Offerings
- Bitcoin ATMs: Bitcoin ATMs are the primary offering, allowing users to buy and sell Bitcoin for cash. Bitcoin Depot has a significant market share in the BTM market, estimated to be around 20-25%. Competitors include Coinstar, CoinCloud, and Bitstop. Revenue from Bitcoin ATM operations constitutes a substantial portion of Bitcoin Depotu2019s overall revenue. Market share data is dynamic and fluctuates based on deployments and user preference.
- BDCheckout: BDCheckout enables users to deposit cash into their Bitcoin Depot accounts at thousands of retail locations. While not the primary revenue driver, it enhances accessibility and convenience. Competitors include payment networks and other cash-to-crypto solutions.
Market Dynamics
Industry Overview
The cryptocurrency ATM market is growing rapidly, driven by increasing interest in digital currencies and the need for convenient access points. However, the industry faces regulatory scrutiny and volatility in cryptocurrency prices.
Positioning
Bitcoin Depot is a leading provider of Bitcoin ATMs, focusing on accessibility and convenience. Its competitive advantages include a large network, a user-friendly app, and strong brand recognition.
Total Addressable Market (TAM)
The global cryptocurrency ATM market is projected to reach several billion dollars in the coming years. Bitcoin Depot is positioned to capture a significant share of this TAM through its established network and expansion efforts.
Upturn SWOT Analysis
Strengths
- Large network of Bitcoin ATMs
- Strong brand recognition
- User-friendly mobile app
- Established partnerships with retailers
- High transaction volume at key locations
Weaknesses
- Exposure to cryptocurrency price volatility
- Regulatory uncertainty
- High transaction fees compared to online exchanges
- Dependence on cash transactions
- Competition from other BTM operators and online exchanges
Opportunities
- Expansion into new geographic markets
- Increasing adoption of cryptocurrency
- Development of new products and services
- Strategic partnerships with financial institutions
- Integration of additional cryptocurrencies
Threats
- Increased regulatory scrutiny
- Fluctuations in cryptocurrency prices
- Competition from other BTM operators and online exchanges
- Security risks associated with cash transactions
- Changes in consumer preferences
Competitors and Market Share
Key Competitors
- Coinstar (CSTR)
- Coin Cloud (Private)
- Bitstop (Private)
Competitive Landscape
Bitcoin Depot faces competition from other BTM operators, online exchanges, and traditional financial institutions. Its advantages include a large network and strong brand recognition, while its disadvantages include higher transaction fees and exposure to cryptocurrency volatility.
Growth Trajectory and Initiatives
Historical Growth: Bitcoin Depot has experienced rapid growth in its network of BTMs, driven by increasing demand for cryptocurrency access.
Future Projections: Future growth projections will depend on market conditions and the company's ability to expand its network and product offerings. Analyst estimates suggest continued growth in revenue and transaction volume.
Recent Initiatives: Recent initiatives include expanding the BDCheckout network, enhancing the mobile app, and entering new geographic markets.
Summary
Bitcoin Depot is a prominent player in the Bitcoin ATM market with a considerable network and brand presence. Its growth trajectory is linked to cryptocurrency adoption, yet it faces challenges like regulatory uncertainty and market volatility. The company's future hinges on expanding strategically, managing costs, and mitigating risks associated with crypto's unpredictable nature. Overcoming these hurdles will determine its sustained success in this evolving landscape.
Peer Comparison
Sources and Disclaimers
Data Sources:
- Company website
- SEC Filings
- Industry Reports
- Analyst Estimates
Disclaimers:
This analysis is based on publicly available information and is for informational purposes only. It is not financial advice. The cryptocurrency market is highly volatile, and investments are subject to risk.
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 - | ||
IPO Launch date 2023-07-03 | CEO - | ||
Sector Financial Services | Industry Capital Markets | Full time employees 107 | Website |
Full time employees 107 | Website |
Bitcoin Depot Inc. owns and operates a network of cryptocurrency kiosks in North America. It provides users to buy and sell bitcoin, litecoin, and ethereum cryptocurrencies; and engages in the sale of cryptocurrency to consumers at a network of retail locations through its BDCheckout product offering and through its website over the counter trade. The company was founded in 2016 and is headquartered in Atlanta, Georgia. Bitcoin Depot Inc. is a subsidiary of BT Assets, Inc.

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