ATLANTA, Aug. 16, 2024 (GLOBE NEWSWIRE) -- Bitcoin Depot Inc. ("Bitcoin Depot" or the "Company") (Nasdaq: BTM), a U.S.-based Bitcoin ATM operator and leading fintech company, is confirmed to present at the 2024 Annual Gateway Conference, which is being held September 4th and 5th at the Four Seasons Hotel in San Francisco, CA. Bitcoin Depot is scheduled to present on Thursday, September 5th at 11:30 a.m. Pacific Time (PT). The presentation will be webcast live and available for replay here. In addition to th ...

Bitcoin Depot Inc. (BTM) came out with a quarterly loss of $0.13 per share versus the Zacks Consensus Estimate of $0.03. This compares to loss of $0.69 per share a year ago. These figures are adjusted for nonrecurring items. This quarterly report represents an earnings surprise of -533.33%. A quarter ago, it was expected that this company would post a loss of $0.08 per share when it actually produced a loss of $0.25, delivering a surprise of -212.50%. Over the last four quarters, the company has not been ab ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from __________ to __________ Commission File Number: 001-41305 Bitcoin Depot Inc. (Exact name of registrant as specified in its charter) Delaware ...

Bitcoin Depot Inc. (NASDAQ:BTM) Q2 2024 Results Conference Call August 13, 2024 8:00 AM ET Company Participants Cody Slach - Gateway Group Brandon Mintz - Chief Executive Officer Glen Leibowitz - Chief Financial Officer Scott Buchanan - Chief Operating Officer Conference Call Participants Mike Colonnese - H.C. Wainwright Harold Goetsch - B. Riley Securities Mike Grondahl - Northland Securities Pat McCann - Noble Capital Markets Operator Good morning, and welcome to Bitcoin Depot's Second Quarter 2024 Confer ...

Revenue of $163.1 Million With a Significant Expansion in Net Income to $4.4 Million Compared to Q1 2024 Exceeded Goal of Having Over 8,000 Active Bitcoin ATMs Five Months Ahead of Schedule ATLANTA, Aug. 13, 2024 (GLOBE NEWSWIRE) -- Bitcoin Depot Inc. ("Bitcoin Depot" or the "Company"), a U.S.-based Bitcoin ATM operator and leading fintech company, today reported financial results for the second quarter ended June 30, 2024. Bitcoin Depot will host a conference call and webcast at 10:00 a.m. ET today. An ear ...

ATLANTA, Aug. 05, 2024 (GLOBE NEWSWIRE) -- Bitcoin Depot Inc. ("Bitcoin Depot" or the "Company") (NASDAQ:BTM), a U.S.-based Bitcoin ATM ("BTM") operator and leading fintech company, announced today the expansion of its BDCheckout program into six new states: Alaska, Arkansas, Illinois, North Carolina, Oregon, and Texas. This expansion increases the total footprint of BDCheckout to 31 states, allowing even more customers to conveniently load cash into their Bitcoin Depot digital wallets at major retail partn ...

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's ATMs offer a straightforward, quick, and convenient method for converting cash into Bitcoin. This empowers users to participate in the digital financial ecosystem, facilitating payments, transfers, remittances, online purchases, and investments. "objective," "outlook," "plan," "potential," "priorities," "project," "pursue," "seek," "should," "target," "when," "will," "would," or the negative of any of those words or similar expressions that predict or indicate future events or trends or that ...

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 ...