Core Insights - Bitcoin Depot Inc. (BTM) shares have surged 250.6% year-to-date, outperforming the industry, Zacks Finance sector, and S&P 500 index [2][11] - The company has benefited from rising cryptocurrency demand and favorable regulatory conditions under the Trump administration [6][16] - Bitcoin Depot's revenue growth is primarily driven by its BTM Kiosks, which accounted for approximately 99.7% of total revenues [8][10] Revenue Growth and Business Model - Revenues have been increasing, with a decline in 2024 but a rise in 2023, and continued growth in Q1 2025 year-over-year [7][13] - As of March 31, 2025, Bitcoin Depot had 8,463 BTM Kiosks installed across the U.S., Canada, and Puerto Rico, with a median transaction size of $300 [8] - The launch of BDCheckout in 2022 allows customers to load cash at retail locations, expanding the client base without significant upfront costs [9][10] Strategic Initiatives - The company aims to increase BDCheckout transaction volume to reduce capital expenditures and achieve profitability [10] - Bitcoin Depot has entered into franchise profit-sharing arrangements and secured deals to install kiosks in over 900 locations, diversifying its presence [12][13] - The acquisition of Pelicoin, LLC's assets aims to strengthen its market position in the Gulf South region [10] Financial Performance and Estimates - As of March 31, 2025, Bitcoin Depot had cash and cash equivalents of $35 million and total debt of $55.5 million [18][19] - The Zacks Consensus Estimate for 2025 and 2026 earnings per share is 46 cents and 51 cents, respectively, indicating year-over-year growth of 176.7% and 10.3% [25][27] - The company's 12-month forward P/E ratio of 11.78X is lower than the industry average of 21.63X, suggesting the stock is undervalued [20][24] Regulatory Environment - Favorable regulatory developments under the Trump administration are expected to boost cryptocurrency adoption [16][18] - Recent clarifications from the FDIC and executive orders from Trump indicate a supportive environment for cryptocurrency firms [17][18] Competitive Landscape - Bitcoin Depot faces competition from peers like Coinbase and BTCS, which may impact its pricing power [28] - The company operates in a highly regulated industry, facing potential legal challenges that could affect operations [28]

Company Now Holds Over 100 BTC as Part of Long-Term Growth StrategyATLANTA, June 13, 2025 (GLOBE NEWSWIRE) -- Bitcoin Depot (NASDAQ: BTM), a U.S.-based Bitcoin ATM (“BTM”) operator and leading fintech company, today announced it has purchased additional Bitcoin (BTC) as part of its treasury strategy first initiated in June 2024. The move follows the Company’s earlier purchases of 51 and 11 BTC in February 2025. With this latest addition, Bitcoin Depot now holds over 100 BTC in its treasury, further reinforc ...

Advances Bitcoin Depot's Nationwide Expansion Strategy and Long-Term Growth Plans ATLANTA, June 11, 2025 (GLOBE NEWSWIRE) -- Bitcoin Depot (NASDAQ: BTM), a U.S.-based Bitcoin ATM ("BTM") operator and leading fintech company, announced it has acquired the assets of Pelicoin, LLC, a crypto ATM operator based in New Orleans, Louisiana. The deal will add kiosk locations across Louisiana, Mississippi, Tennessee, Alabama, and Texas, strengthening Bitcoin Depot's presence in the Gulf South. "Pelicoin is a strategi ...

Core Viewpoint - Momentum investing focuses on following a stock's recent price trends, aiming to buy high and sell higher, with the expectation that established trends will continue [1] Company Overview: Bitcoin Depot Inc. (BTM) - BTM currently holds a Momentum Style Score of B, indicating potential for solid momentum investing [2] - The company has a Zacks Rank of 2 (Buy), suggesting it is positioned to outperform the market [3] Price Performance - Over the past week, BTM shares have increased by 19.74%, while the Zacks Financial - Miscellaneous Services industry has only risen by 1.73% [5] - In a longer timeframe, BTM's monthly price change is 253.37%, significantly outperforming the industry's 0.31% [5] - Over the last three months, BTM shares have surged by 314.39%, and they are up 200% over the past year, compared to the S&P 500's increases of 4.46% and 13.71%, respectively [6] Trading Volume - BTM's average 20-day trading volume is 2,682,623 shares, which is a useful indicator of market interest and momentum [7] Earnings Outlook - In the past two months, 3 earnings estimates for BTM have been revised upwards, while only 1 has been revised downwards, leading to an increase in the consensus estimate from $0.34 to $0.46 [9] - For the next fiscal year, there has been 1 upward revision with no downward revisions, indicating positive earnings momentum [9] Conclusion - Given the strong price performance, positive earnings outlook, and solid momentum score, BTM is recommended as a stock to watch for potential near-term gains [11]

Core Viewpoint - The article emphasizes the importance of identifying sustainable trends in short-term investing, highlighting that while price momentum can be profitable, it requires strong fundamentals to maintain that momentum [1][2]. Group 1: Stock Performance - Bitcoin Depot Inc. (BTM) has shown a significant price increase of 314.4% over the past 12 weeks, indicating strong investor interest [4]. - In the last four weeks, BTM's price increased by 253.4%, suggesting that the upward trend is still intact [5]. - BTM is currently trading at 98.4% of its 52-week high-low range, indicating a potential breakout [5]. Group 2: Fundamental Strength - BTM holds a Zacks Rank 2 (Buy), placing it in the top 20% of over 4,000 ranked stocks based on earnings estimate revisions and EPS surprises [6]. - The stock has an Average Broker Recommendation of 1 (Strong Buy), reflecting high optimism from the brokerage community regarding its near-term performance [7]. - The Zacks Rank system has a strong historical performance, with Rank 1 stocks averaging a +25% annual return since 1988 [7]. Group 3: Investment Strategy - The "Recent Price Strength" screen is a useful tool for identifying stocks with sufficient fundamental strength to maintain their upward trends [3]. - In addition to BTM, there are other stocks that meet the criteria of the "Recent Price Strength" screen, suggesting further investment opportunities [8].

Core Viewpoint - Bitcoin Depot Inc. has simplified its organizational and capital structure by eliminating its Up-C Restructuring, which is expected to reduce compliance complexity and lower cash tax burdens. Group 1: Corporate Structure Changes - The Up-C Restructuring involved the merger of BT Assets, Inc. with a subsidiary of Bitcoin Depot, resulting in the issuance of 41,193,024 shares of Class M common stock to the founder and CEO, Brandon Mintz [2] - Following the restructuring, all Class V Common Stock held by BT Assets has been cancelled, and Mintz now holds a total of 41,193,024 shares of Class M Common Stock and 142,973 shares of Class A Common Stock [3] Group 2: Benefits of Simplification - Post-transaction, Bitcoin Depot wholly owns its principal operating subsidiaries, which is expected to enhance stock liquidity, facilitate acquisitions, and provide a clearer corporate profile [4] - The restructuring extinguishes a $2.2 million Tax Receivable Agreement liability and is projected to reduce the company's cash tax rate by approximately 12 percentage points, along with lowering professional services costs related to tax, accounting, and legal matters [5] Group 3: Company Overview - Bitcoin Depot, founded in 2016, operates Bitcoin ATMs and provides services to convert cash into Bitcoin, with over 8,400 kiosk locations across North America as of February 25, 2025 [6]

Core Viewpoint - Bitcoin Depot Inc. (BTM) is experiencing solid improvement in earnings estimates, which may lead to continued short-term price momentum for the stock [1][2]. Earnings Estimate Revisions - The rising trend in earnings estimate revisions reflects growing analyst optimism about Bitcoin Depot Inc.'s earnings prospects, which is expected to positively impact its stock price [2]. - The current-quarter earnings estimate is projected at $0.17 per share, indicating a year-over-year increase of +230.77%. The Zacks Consensus Estimate has risen by 36% over the last 30 days, with three estimates increasing and one decreasing [5]. - For the full year, the earnings estimate is expected to be $0.46 per share, representing a change of +176.67% from the previous year. The consensus estimate has increased by 34.56% due to three upward revisions and one downward revision [6][7]. Zacks Rank and Performance - Bitcoin Depot Inc. currently holds a Zacks Rank 2 (Buy), indicating promising estimate revisions. Stocks with Zacks Rank 1 (Strong Buy) and 2 (Buy) have historically outperformed the S&P 500 [8]. - The stock has appreciated by 114.2% over the past four weeks due to strong estimate revisions, suggesting potential for further upside [9].

Company Overview - Bitcoin Depot Inc. (BTM) currently holds a Momentum Style Score of A, indicating strong momentum potential [3] - The company has a Zacks Rank of 2 (Buy), suggesting favorable market performance expectations [4] Price Performance - BTM shares have increased by 58.58% over the past week, significantly outperforming the Zacks Financial - Miscellaneous Services industry, which rose by 2.09% [6] - Over the past month, BTM's price change is 114.18%, compared to the industry's 8.26% [6] - In the last quarter, BTM shares rose by 190.38%, and they are up 58.95% over the past year, while the S&P 500 has moved -2.56% and 11.12% respectively [7] Trading Volume - The average 20-day trading volume for BTM is 1,227,628 shares, which is a useful indicator of market interest and momentum [8] Earnings Estimates - In the past two months, 3 earnings estimates for BTM have been revised upwards, while 1 estimate was revised downwards, leading to an increase in the consensus estimate from $0.34 to $0.46 [10] - For the next fiscal year, there has been 1 upward revision with no downward revisions during the same period [10] Conclusion - Considering the strong price performance, positive earnings outlook, and high momentum score, BTM is positioned as a promising investment opportunity [12]

Core Viewpoint - Bitcoin Depot Inc. has been upgraded to a Zacks Rank 2 (Buy), indicating a positive outlook on its earnings estimates, which is a significant factor influencing stock prices [1][3]. Earnings Estimates and Stock Performance - The Zacks rating system is based on changes in earnings estimates, which have a strong correlation with near-term stock price movements [4][6]. - Bitcoin Depot Inc. is expected to earn $0.46 per share for the fiscal year ending December 2025, reflecting a year-over-year change of 176.7% [8]. - Over the past three months, the Zacks Consensus Estimate for Bitcoin Depot Inc. has increased by 98.9% [8]. Investment Implications - The upgrade to Zacks Rank 2 positions Bitcoin Depot Inc. in the top 20% of Zacks-covered stocks, suggesting potential for market-beating returns in the near term [10]. - Rising earnings estimates and the corresponding rating upgrade indicate an improvement in the company's underlying business, which could lead to increased stock prices [5][10].

Core Insights - The article highlights the expertise of a cryptocurrency enthusiast and trader who has been active since 2017, focusing on coding, writing, and analyzing cryptocurrency projects and investment strategies [1] Group 1: Expertise and Background - The individual has a deep understanding of distributed ledger technology and the Web3 technology stack, indicating a strong foundation in the underlying technologies of cryptocurrencies [1] - The individual enjoys researching and analyzing trends in Web3 and security tokens, which are becoming increasingly relevant in the digital securities market [1] Group 2: Contributions and Engagement - The individual is a contributing writer for Seeking Alpha, collaborating with analyst James Foord, which suggests a level of credibility and engagement within the investment community [1]