Bitcoin Depot Inc

Bitcoin Depot Inc

Bitcoin Depot Inc. is a Bitcoin ATM (BTM) operator and fintech company. The Company provides its users with simple means of converting cash into Bitcoin, which users can deploy in the payments, spending and investing space. Users can convert cash to Bitcoin at Bitcoin Depot kiosks in 47 states and at thousands of name-brand retail locations in 31 states through its BDCheckout product. The Company has over 9,000 kiosk locations in North America. Its mobile app includes a buy online feature that connects consumers to a third-party service, Simplex powered by Nuvei, that allows consumers to buy Bitcoin without going to a kiosk or using BDCheckout. Its BTMs offer one-way exchange of cash-to-Bitcoin. The Company also operates a BTM device and transaction processing system, BitAccess, which provides software and operational capabilities to third-party BTM operators. The Company is the exclusive provider and operator of BTMs for Circle K in the United States and Canada.

Stock Performance Snapshot

Buy

Analyst Rating

Analysts suggest buying Bitcoin Depot's stock with a target price of $4.63, indicating strong growth potential.

Above Average

Financial Health

Bitcoin Depot is successfully generating revenue and cash flow, showing strong financial potential.

Source: Analyst sentiment is provided by Refinitiv Ltd, a global leader in financial market data with over 40k business clients. Refinitiv Ltd is an independent third party to Nemo. This is not advice.

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Published: June 17, 2025

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Why You’ll Want to Watch This Stock

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Crypto ATM Network

Hosts cash-to-crypto machines that provide an easy on‑ramp for consumers; network growth could lift volumes, though crypto volatility affects usage.

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Retail Footprint Growth

Expansion into supermarkets and convenience stores can increase visibility and transactions, but performance depends on foot traffic and partnership execution.

Regulatory Sensitivity

Business is exposed to changing crypto rules and compliance costs; regulatory shifts can materially affect operations and profitability.

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6% Interest on Cash

Earn 6% AER on uninvested cash with daily interest payments.

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