This press release and any oral statements made in connection herewith include "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Exchange Act. Forward-looking statements are any statements other than statements of historical fact, and include, but are not limited to, statements regarding the expectations of plans, business strategies, objectives and growth and anticipated financial and operational performance, including our growt ...

Bitcoin Depot launched the program in 2023 to provide additional deployment opportunities to qualified partners as part of its North American expansion strategy. Today's news follows the March announcement, where Sopris joined Bitcoin Depot's profit-sharing program with the purchase of 50 kiosks. This program allows Sopris to leverage Bitcoin Depot`s operating expertise and receive a passive income stream from its Bitcoin ATMs. "We are thrilled to deepen our partnership with Sopris Capital," said Bitcoin De ...

This shift in BTM's treasury strategy follows Accounting Standards Update (ASU) 2023-08, which, among other things, allows companies to record gains held on cryptocurrencies. The ASU will apply to all entities with fiscal years beginning after December 15, 2024. Bitcoin, as an asset, has demonstrated remarkable resilience and growth since its inception, achieving a market capitalization of over $1 trillion at its peak. Institutional adoption has surged, with numerous companies and even countries recognizing ...

Table of Contents Bitcoin Depot Inc. (Exact name of registrant as specified in its charter) Title of each class Trading Symbol(s) Name of each exchange on which registered Class A common stock, par value $0.0001 per share BTM The NASDAQ Stock Market LLC Warrants, each whole warrant exercisable for one share of Class A common stock at an exercise price of $11.50 per share BTMWW The NASDAQ Stock Market LLC UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY ...

 Mike Colonnese Patrick McCann The other things weÂ're going to focus on specifically for improving margins are continuing to reduce our professional services expenses. As weÂ've touched on a couple times, it was very expensive going public. And now that weÂ're in a more stable state, reducing some of our professional services on the accounting side, the legal side, consulting side, all of that, and then also just continuing to optimize our marketing spend. Right? Brandon Mintz Great. Thanks so much. Maybe ...

| --- | --- | |------------------|-------------------| | | | | Company Overview | 图 ng | | | p8, v e2 i yli ci | Installed Kiosks in North America $4.9M Q1 2024 Adjusted EBITDA (3) 7.1K Currency in Circulation (U.S.) (3) +7% CAGR ($ Trillion) 1.70 1.80 2.10 2.20 2.30 2.34 2018 2019 2020 2021 2022 2023 11 Investor Presentation Q1 2024 This presentation is not intended for distribution to, or use by any person in, any jurisdiction where such distribution or use would be contrary to local law or regulation. Th ...

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 Gross Profit in the first quarter of 2024 was $14.4 million, down 26% from $19.5 million for the first quarter of 2023. Gross Profit margin in the first quarter of 2024 was 10.4% compared to 11.9% in the first quarter of 2023. Total operating expenses were $16.6 million for the first quarter of 2024, compared to $ ...

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. Call Date: Tuesday, May 14, 2024 Time: 10:00 a.m. Eastern time (7:00 a.m. Pac ...

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. Call Date: Tuesday, May 14, 2024   Time: 10:00 a.m. Eastern time (7:00 a.m. P ...

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. "We are thrilled to own part of a growing, market-leading busin ...