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Upturn AI SWOT - About
Bitcoin Depot Inc. (BTMWW)
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Upturn Advisory Summary
09/17/2025: BTMWW (1-star) is currently NOT-A-BUY. Pass it for now.
Upturn Star Rating
Not Recommended Performance
These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.
Analysis of Past Performance
Type Stock | Historic Profit 145% | Avg. Invested days 50 | Today’s Advisory PASS |
Upturn Star Rating | Upturn Advisory Performance  3.0 | Stock Returns Performance  5.0 |
| Profits based on simulation | Last Close 09/17/2025 |
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 and is headquartered in Alpharetta, Georgia. It is one of the largest cryptocurrency ATM networks globally, enabling users to easily buy and sell cryptocurrencies with cash. The company went public via SPAC merger in 2023.
Core Business Areas
- Bitcoin ATMs: Bitcoin Depot's primary business is the operation of a network of Bitcoin ATMs (BTMs). These kiosks allow users to purchase Bitcoin and other cryptocurrencies with cash, and in some locations, sell cryptocurrency for cash.
- BDCheckout: BDCheckout allows customers to fund their Bitcoin Depot digital wallet with cash at participating retail locations and then buy cryptocurrencies online.
- Digital Wallet: Bitcoin Depot provides a digital wallet for users to store and manage their cryptocurrency holdings.
Leadership and Structure
Brandon Mintz is the CEO. The company operates with a typical corporate structure, with a board of directors and various departments responsible for operations, technology, and finance.
Top Products and Market Share
Key Offerings
- Bitcoin ATMs: Bitcoin ATMs enable users to purchase and sell cryptocurrencies using cash. Bitcoin Depot operates a large network of these ATMs, generating revenue from transaction fees. They claimed to have ~20% market share of Bitcoin ATMs globally as of their SPAC presentation. Competitors include CoinCloud, Coinstar, and other independent ATM operators. The number of users is in the hundreds of thousands, revenue for this segment is the majority of the total revenue for Bitcoin Depot.
- BDCheckout: BDCheckout is a network of partnered retail locations that provide access to digital asset purchases for users who use cash. Competitors include Flexa, BitPay and other Point of Sale (POS) payment providers. The revenue for this segment is a small percentage of the total revenue for Bitcoin Depot.
Market Dynamics
Industry Overview
The cryptocurrency ATM industry is part of the broader cryptocurrency market, experiencing rapid growth and increasing adoption. The industry is influenced by regulatory changes, cryptocurrency price volatility, and technological advancements.
Positioning
Bitcoin Depot Inc. is a major player in the BTM market, known for its extensive network and user-friendly kiosks. Competitive advantages include brand recognition, scale, and strategic partnerships. Its brand is now less attractive due to a recent restatement of financial results and a change of auditor
Total Addressable Market (TAM)
The global cryptocurrency ATM market is projected to reach billions of USD, but the size of the market is difficult to predict. Bitcoin Depot is well positioned to capture a significant portion of this market as the crypto market grows.
Upturn SWOT Analysis
Strengths
- Large ATM network
- Brand recognition
- User-friendly kiosks
- Strategic partnerships
Weaknesses
- Dependence on cryptocurrency adoption
- Exposure to cryptocurrency price volatility
- Regulatory risks
- Concentration in the US market
- Recent restatement of financials and auditor change
Opportunities
- Expansion into new geographic markets
- Offering new cryptocurrencies
- Developing additional financial services
- Increasing adoption of cryptocurrencies
Threats
- Increased competition
- Regulatory changes
- Cryptocurrency price volatility
- Security breaches
- Negative press associated with cryptocurrency
Competitors and Market Share
Key Competitors
- CoinCloud (Private)
- Coinstar (CSTR)
- Digital Mint (Private)
Competitive Landscape
Bitcoin Depot benefits from its large network, but faces competition from other ATM operators, as well as alternative methods for buying and selling cryptocurrencies. Coincloud is private and has ATMs in North America, South America and Europe. Coinstar owns Coinme, which also operates Bitcoin ATMs.
Growth Trajectory and Initiatives
Historical Growth: Bitcoin Depot Inc. has experienced significant growth in the past, driven by the expansion of its ATM network and increasing adoption of cryptocurrencies.
Future Projections: Future growth is dependent on continued expansion, strategic partnerships, and the overall growth of the cryptocurrency market. Analyst estimates vary widely.
Recent Initiatives: Recent initiatives include expanding the ATM network, BDCheckout retail integration, and focusing on regulatory compliance.
Summary
Bitcoin Depot is a significant player in the cryptocurrency ATM market. Its large ATM network and brand recognition are strengths, but the company faces risks associated with cryptocurrency volatility and regulatory changes. Recent financial restatements and auditor changes are cause for concern and could impact investor confidence. Bitcoin Depot needs to focus on expanding its services and navigating the evolving regulatory landscape to maintain its competitive position.
Peer Comparison
Sources and Disclaimers
Data Sources:
- Bitcoin Depot Investor Relations
- Industry Reports
- Company Filings
Disclaimers:
This analysis is for informational purposes only and does not constitute financial advice. Market data and analyst estimates are subject to change.
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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