Bitcoin Depot (NASDAQ: BTM), a U.S.-based Bitcoin ATM operator and fintech company, has announced the purchase of 11.1 Bitcoin for its treasury. This acquisition follows the company’s previous purchase of 51 Bitcoin earlier this month, bringing its total treasury holdings to 82.6 BTC. The purchase aligns with Bitcoin Depot’s treasury strategy, which was first announced in June 2024.
Bitcoin Depot (NASDAQ: BTM), un operatore di sportelli automatici Bitcoin con sede negli Stati Uniti e azienda fintech, ha annunciato l’acquisto di 11,1 Bitcoin per il proprio tesoro. Questo acquisto segue l’acquisto precedente dell’azienda di 51 Bitcoin all’inizio di questo mese, portando il totale delle sue partecipazioni nel tesoro a 82,6 BTC. L’acquisto è in linea con la strategia di tesoreria di Bitcoin Depot, annunciata per la prima volta a giugno 2024.
Bitcoin Depot (NASDAQ: BTM), un operador de cajeros automáticos de Bitcoin con sede en EE. UU. y empresa fintech, ha anunciado la compra de 11.1 Bitcoin para su tesorería. Esta adquisición sigue a la compra anterior de la compañía de 51 Bitcoin a principios de este mes, llevando sus tenencias totales en tesorería a 82.6 BTC. La compra se alinea con la estrategia de tesorería de Bitcoin Depot, que fue anunciada por primera vez en junio de 2024.
비트코인 디포트 (NASDAQ: BTM), 미국에 본사를 둔 비트코인 ATM 운영업체이자 핀테크 회사가 11.1 비트코인을 자산으로 구매했다고 발표했습니다. 이번 인수는 이달 초 회사가 51 비트코인을 구매한 것에 이어 진행된 것으로, 총 자산 보유량은 82.6 BTC에 이릅니다. 이 구매는 비트코인 디포트의 자산 전략과 일치하며, 이는 2024년 6월에 처음 발표되었습니다.
Bitcoin Depot (NASDAQ: BTM), un opérateur de distributeurs automatiques de Bitcoin basé aux États-Unis et une entreprise fintech, a annoncé l’achat de 11,1 Bitcoin pour sa trésorerie. Cette acquisition fait suite à l’achat précédent de 51 Bitcoin plus tôt ce mois-ci, portant le total de ses avoirs en trésorerie à 82,6 BTC. Cet achat s’inscrit dans la stratégie de trésorerie de Bitcoin Depot, annoncée pour la première fois en juin 2024.
Bitcoin Depot (NASDAQ: BTM), ein in den USA ansässiger Betreiber von Bitcoin-Geldautomaten und Fintech-Unternehmen, hat den Kauf von 11,1 Bitcoin für seine Schatzkammer angekündigt. Dieser Erwerb folgt dem vorherigen Kauf von 51 Bitcoin zu Beginn dieses Monats, wodurch die gesamten Schatzbestände auf 82,6 BTC ansteigen. Der Kauf steht im Einklang mit der Schatzstrategie von Bitcoin Depot, die erstmals im Juni 2024 angekündigt wurde.
Positive
- Increased Bitcoin holdings by 11.1 BTC
- Total treasury now holds 82.6 BTC
- Consistent execution of treasury strategy with second purchase
Insights
Bitcoin Depot’s addition of 11.1 BTC to its treasury, bringing holdings to 82.6 BTC (worth approximately
This move transforms BTM’s investment profile substantially. While the company operates Bitcoin ATMs as its core business, this treasury allocation effectively creates a hybrid business model: part Bitcoin ATM operator and part Bitcoin holding company. For investors, BTM now offers operational cash flows plus direct Bitcoin price exposure, similar to MicroStrategy’s approach but at a micro-cap scale.
The financial implications are multifaceted. On one hand, this strategy could significantly amplify shareholder returns if Bitcoin appreciates substantially. However, it also introduces considerable volatility to BTM’s balance sheet and earnings reports. The company must navigate complex accounting challenges, as Bitcoin holdings must be marked to market, potentially creating earnings volatility unrelated to operational performance.
What’s particularly interesting is the strategic alignment between BTM’s core business and its treasury policy. As a Bitcoin ATM operator, the company’s fundamental business thesis already rests on Bitcoin adoption and usage. By holding significant Bitcoin reserves, they’re creating financial synergy with their operational model—essentially doubling down on their core market thesis.
For investors, this transforms BTM into one of the few pure-play Bitcoin exposure vehicles available on NASDAQ. However, this comes with heightened risk, as the company now faces both operational execution challenges and Bitcoin price risk. The concentration of assets in Bitcoin also raises questions about financial flexibility and the company’s ability to weather extended crypto bear markets.
Given their small size, this aggressive treasury allocation represents a bold bet that could either significantly reward shareholders or create substantial downside if Bitcoin experiences prolonged weakness. This strategy clearly differentiates BTM from traditional fintech companies and positions them squarely in the emerging category of Bitcoin-focused public equities.
ATLANTA, Feb. 25, 2025 (GLOBE NEWSWIRE) — Bitcoin Depot (NASDAQ: BTM) (“Bitcoin Depot” or the “Company”), a U.S.-based Bitcoin ATM operator and leading fintech company, today announced it has purchased an additional 11.1 Bitcoin as part of its treasury strategy, first announced in June of last year.
This purchase comes three weeks after the Company’s purchase of 51 Bitcoin earlier this month, bringing its total treasury holdings to 82.6 BTC.
“Adopting Bitcoin as part of our treasury strategy underscores our long-standing belief in Bitcoin as a significant financial asset and a store of value,” said Brandon Mintz, CEO of Bitcoin Depot. “We have always believed in providing easy access to Bitcoin for everyone, and this move reaffirms our confidence in Bitcoin’s potential for growth.”
About Bitcoin Depot
Bitcoin Depot Inc. (Nasdaq: BTM) was founded in 2016 with the mission to connect those who prefer to use cash to the broader, digital financial system. Bitcoin Depot provides its users with simple, efficient and intuitive 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 48 states and at thousands of name-brand retail locations in 29 states through its BDCheckout product. The Company has the largest market share in North America with over 8,400 kiosk locations as of February 25, 2025. Learn more at www.bitcoindepot.com.
Cautionary Statement Regarding Forward-Looking Statements
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 of 1934, as amended. 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 growth strategy and ability to increase deployment of our products and services, our ability to strengthen our financial profile, and worldwide growth in the adoption and use of cryptocurrencies. These forward-looking statements are based on management’s current beliefs, based on currently available information, as to the outcome and timing of future events. Forward-looking statements are often identified by words such as “anticipate,” “appears,” “approximately,” “believe,” “continue,” “could,” “designed,” “effect,” “estimate,” “evaluate,” “expect,” “forecast,” “goal,” “initiative,” “intend,” “may,” “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 are not statements of historical matters, although not all forward-looking statements contain such identifying words. In making these statements, we rely upon assumptions and analysis based on our experience and perception of historical trends, current conditions, and expected future developments, as well as other factors we consider appropriate under the circumstances. We believe these judgments are reasonable, but these statements are not guarantees of any future events or financial results. These forward-looking statements are provided for illustrative purposes only and are not intended to serve as, and must not be relied on by any investor as, a guarantee, an assurance, a prediction or a definitive statement of fact or probability. Actual events and circumstances are difficult or impossible to predict and will differ from assumptions. Many actual events and circumstances are beyond our control.
These forward-looking statements are subject to a number of risks and uncertainties, including changes in domestic and foreign business, market, financial, political and legal conditions; failure to realize the anticipated benefits of the business combination; risks relating to the uncertainty of our projected financial information; future global, regional or local economic and market conditions; the development, effects and enforcement of laws and regulations; our ability to manage future growth; our ability to develop new products and services, bring them to market in a timely manner and make enhancements to our platform; the effects of competition on our future business; our ability to issue equity or equity-linked securities; the outcome of any potential litigation, government and regulatory proceedings, investigations and inquiries; and those factors described or referenced in filings with the Securities and Exchange Commission. If any of these risks materialize or our assumptions prove incorrect, actual results could differ materially from the results implied by these forward-looking statements. There may be additional risks that we do not presently know or that we currently believe are immaterial that could also cause actual results to differ from those contained in the forward-looking statements. In addition, forward-looking statements reflect our expectations, plans or forecasts of future events and views as of the date of this press release. We anticipate that subsequent events and developments will cause our assessments to change.
We caution readers not to place undue reliance on forward-looking statements. Forward-looking statements speak only as of the date they are made, and we undertake no obligation to update publicly or otherwise revise any forward-looking statements, whether as a result of new information, future events, or other factors that affect the subject of these statements, except where we are expressly required to do so by law. All written and oral forward-looking statements attributable to us are expressly qualified in their entirety by this cautionary statement.
Contacts:
Investors
Cody Slach
Gateway Group, Inc.
949-574-3860
BTM@gateway-grp.com
Media
Brenlyn Motlagh, Ryan Deloney
Gateway Group, Inc.
949-574-3860
BTM@gateway-grp.com
FAQ
How many Bitcoin does Bitcoin Depot (BTM) currently hold in its treasury?
Bitcoin Depot currently holds 82.6 BTC in its treasury following its latest purchase.
What was Bitcoin Depot’s (BTM) most recent Bitcoin purchase amount?
Bitcoin Depot’s most recent purchase was 11.1 Bitcoin.
When did Bitcoin Depot (BTM) announce its Bitcoin treasury strategy?
Bitcoin Depot announced its Bitcoin treasury strategy in June 2024.
How much Bitcoin did BTM purchase in its previous acquisition?
BTM purchased 51 Bitcoin in its previous acquisition earlier this month.
