Bitcoin DepotBTM
Market Cap: $28.9M
About: Bitcoin Depot Inc owns and operates the largest network of BTMs across North America where customers can buy and sell Bitcoin. Bitcoin Depot helps power the digital economy for users of cash. It has locations across the U.S. and Canada at, among others, the following types of retailers: Convenience Stores and Gas Station Chains, Pharmacies and Grocers and Mall Operators.
Employees: 124
Fund manager confidence
Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)
33% more repeat investments, than reductions
Existing positions increased: 8 | Existing positions reduced: 6
16% more capital invested
Capital invested by funds: $7.65M [Q1] → $8.88M (+$1.23M) [Q2]
0% more funds holding
Funds holding: 29 [Q1] → 29 (+0) [Q2]
0% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 4
4.19% less ownership
Funds ownership: 32.65% [Q1] → 28.46% (-4.19%) [Q2]
Research analyst outlook
1 Wall Street Analyst provided 1 year price targets over the past 3 months
1 analyst rating
HC Wainwright & Co. Mike Colonnese 18% 1-year accuracy 9 / 50 met price target | 116%upside $3.50 | Buy Maintained | 15 Aug 2024 |