Articles from Bitcoin Depot Inc.

Q4 Revenue of $136.8 Million Compared to $148.4 Million in the Prior Year Quarter

Bitcoin ATM Leader Strengthens C-Suite to Support Expansion and Navigate Industry Progression

Bringing Greater Access to Bitcoin for Communities Across the Texas Panhandle and Surrounding Regions

ATLANTA, Dec. 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, today celebrates a landmark moment in the cryptocurrency as Bitcoin surpasses its all-time price peak of $100,000. This industry milestone reflects growing global confidence in Bitcoin as a financial asset and highlights the increasing demand for accessible crypto solutions.

ATLANTA, Oct. 30, 2024 (GLOBE NEWSWIRE) -- Bitcoin Depot (“Bitcoin Depot” or the “Company”), a U.S.-based Bitcoin ATM (“BTM”) operator and leading fintech company, will hold a conference call and live audio webcast on Wednesday, November 13th at 10:00 a.m. Eastern time (7:00 a.m. Pacific time) to discuss its financial results for the third quarter ended September 30, 2024. Bitcoin Depot plans to release results before the market open on the same day.

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.

Revenue of $163.1 Million With a Significant Expansion in Net Income to $4.4 Million Compared to Q1 2024

Extending Service to 31 States, Providing Customers with More Access Points for Loading Cash into Their Bitcoin Depot Digital Wallets

ATLANTA, July 30, 2024 (GLOBE NEWSWIRE) -- Bitcoin Depot (“Bitcoin Depot” or the “Company”), a U.S.-based Bitcoin ATM (“BTM”) operator and leading fintech company, will hold a conference call and live audio webcast on Tuesday, August 13th at 10:00 a.m. Eastern time (7:00 a.m. Pacific Time) to discuss its financial results for the second quarter ended June 30, 2024. Bitcoin Depot plans to release results before the market open on the same day.

Pioneering Bitcoin ATM Provider Continues Market Dominance and Accelerated Growth with the Largest Installed Fleet in Its History

Underscores the Attractiveness of the Company’s Bold North American Expansion Strategy

Demonstrates the Company’s Confidence in the Future of Bitcoin by Strategically Allocating a Portion of Cash Reserves to BTC

Company to Install 57 New Bitcoin ATM Kiosks Beginning in Q2 2024

Strengthens Footprint with Over 2,000 New Retail Locations Signed in the First Quarter of 2024

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.

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.

Purchase of Kiosks Solidifies Leading Market Share in North America

Partnership to Result in 66 New Bitcoin Depot Kiosk Locations Across Midwest

Sets a New Milestone for the Program with the Largest Investment to Date, Advancing the Company's Ambitious Growth Strategy Throughout North America

Bitcoin Depot plans to install BTMs in Retail Locations Across Sydney, Melbourne, and Brisbane

Bitcoin Depot Kiosks to be Installed in 87 Retail Locations

FY 2023 Record Revenue of $689 Million, Up 7% Year-over-Year

Franchise Program to Support the Company’s Bold Expansion Strategy as North America’s Market Share Leader

ATLANTA, March 11, 2024 (GLOBE NEWSWIRE) -- Bitcoin Depot Inc. (“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 Monday, March 25th at 11:00 a.m. Eastern time (8:00 a.m. Pacific Time) to discuss its financial results for the fourth quarter ended December 31, 2023. Bitcoin Depot plans to release results before the market open on the same day.

Bitcoin Depot targets to have roughly 8,000 Bitcoin ATMs installed by the end of 2024

BTM Acquisition Will Support the Company’s Bold Expansion Strategy as North America’s Market Share Leader

Bitcoin Depot Plans to Install Kiosks in Roughly 940 Stores Across 24 US States to Provide Greater Access for Users to Fund Their Bitcoin Wallet with Cash

ATLANTA, Jan. 11, 2024 (GLOBE NEWSWIRE) -- Bitcoin Depot (Nasdaq: BTM), a U.S.-based Bitcoin ATM operator and leading fintech company, today announced it will present at the Sidoti Micro-Cap Virtual Investor Conference being held on January 17 – 18, 2024. Bitcoin Depot's management will also host virtual one-on-one meetings with investors throughout the conference.

Expanded Sales Team Will Prioritize Strategic Expansion as Bitcoin Depot Prepares for Continued Nationwide Growth to Increase Kiosk Installations and Strengthen Nationwide Access to Bitcoin

Through Partnerships with Major Convenience Retailers, BDCheckout Allows Customers to Load Cash to Their Bitcoin Depot Digital Wallets

Recognition Comes After Landmark Growth Year for Bitcoin Depot and Historic Nasdaq Public Listing

Company Secures Preferred Vendor Status for Bitcoin ATM Services to AATAC’s 50,000 Members

Revenue of $179.5 Million, Up 3% Year-over-Year

ATLANTA, Nov. 09, 2023 (GLOBE NEWSWIRE) -- Bitcoin Depot Inc. (“Bitcoin Depot” or the “Company”) (NASDAQ: BTM), a U.S.-based Bitcoin ATM operator and leading fintech company, today announced its partnership with CORD Financial Services, LLC (CORD), a leading provider of innovative ATM solutions, to distribute Bitcoin Depot kiosks across the U.S.

ATLANTA, Oct. 30, 2023 (GLOBE NEWSWIRE) -- Bitcoin Depot Inc. (“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 Monday, November 13th at 11:00 a.m. Eastern time (8:00 a.m. Pacific Time) to discuss its financial results for the third quarter ended September 30, 2023. Bitcoin Depot plans to release results before the market open on the same day.

ATLANTA, Oct. 04, 2023 (GLOBE NEWSWIRE) -- Bitcoin Depot Inc. (“Bitcoin Depot” or the “Company”), a U.S.-based Bitcoin ATM operator and leading fintech company, today announced the execution of an amendment (the “Amendment”) to the PIPE Agreement dated June 23, 2023 (the “PIPE Agreement”) between the Company, certain of its subsidiaries and the subscribers thereto (the “Subscribers”). Pursuant to the Amendment and upon the closing of the private sale by the Subscribers of all of their shares of Series A Convertible Preferred Stock of the Company (the “Series A Preferred”) as discussed below, all Reference Periods (as defined in the PIPE Agreement) will be pulled forward and the economic arrangements set forth in the forward agreement provisions in the PIPE Agreement settled in full based on the net price in the private sale. The Company will receive a small payment in connection with the settlement of the Reference Periods.

ATLANTA, Sept. 22, 2023 (GLOBE NEWSWIRE) -- Bitcoin Depot Inc. (“Bitcoin Depot” or the “Company”), a U.S.-based Bitcoin ATM operator and leading fintech company, today announced that its Board of Directors has authorized a share repurchase program pursuant to which the Company is authorized to repurchase up to $10 million of outstanding shares of its Class A common stock beginning immediately and continuing through and including June 30, 2024.

Provides Greater Access for Users Who Want to Fund Their Bitcoin Wallet with Cash

ATLANTA, Aug. 24, 2023 (GLOBE NEWSWIRE) -- Bitcoin Depot Inc. (“Bitcoin Depot” or the “Company”), a U.S.-based Bitcoin ATM operator and leading fintech company, announced today its participation at the following financial conferences:

Leading Bitcoin ATM Operator Ranks in the Top 1000 for Fourth Consecutive Year

Record Revenue of $197.5 Million, Up 18% Year-over-Year

ATLANTA, July 25, 2023 (GLOBE NEWSWIRE) -- Bitcoin Depot Inc. (“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 Monday, August 14th at 11:00 a.m. Eastern time (8:00 a.m. Pacific Time) to discuss its financial results for the second quarter ended June 30, 2023. Bitcoin Depot plans to release results before the market open on the same day.

ATLANTA, July 21, 2023 (GLOBE NEWSWIRE) -- Bitcoin Depot Inc. (“Bitcoin Depot”), a U.S.-based Bitcoin ATM operator and leading fintech company, today reported preliminary unaudited revenue results for the quarter ended June 30, 2023 and provided annual guidance for 2023.

ATLANTA, July 20, 2023 (GLOBE NEWSWIRE) -- Bitcoin Depot Inc. (“Bitcoin Depot” or the “Company”), a U.S.-based Bitcoin ATM operator and leading fintech company today announced that the Company’s Founder and CEO, Brandon Mintz, and other members of the Bitcoin Depot team will ring the NASDAQ Opening Bell on Monday, July 24, 2023. This event celebrates the Company’s recent closing of its business combination with GSR II Meteora Acquisition Corp (“GSRM”) and associated listing of Bitcoin Depot’s common stock and warrants on NASDAQ under the symbols “BTM” and “BTMWW”, respectively, which occurred on July 3, 2023.