Altcoin Hub logo Altcoin Hub logo
2025-05-20 17:12:12

Bitcoin Depot showed profit and revenue growth of +19% in the first quarter

The largest ATM operator in the United States, Bitcoin Depot, reported a profit of $12.2 million in the first quarter of 2025 (a year ago there was a loss of $4.2 million).

 Key figures:

  •  Revenue: +19%
  •  BTC reserves on the balance sheet: $7.8 million
  •  Crypto ATMs: >8400 already installed, +3000 more planned in New York

 Company shares (BTM):

 Up +20% to $2.04

 Success factors:

  •  Growing interest in cryptocurrencies
  •  Network expansion and investment in BTC
  •  A new strategy for accumulating the flagship cryptocurrency from 2024

Read the Disclaimer : All content provided herein our website, hyperlinked sites, associated applications, forums, blogs, social media accounts and other platforms (“Site”) is for your general information only, procured from third party sources. We make no warranties of any kind in relation to our content, including but not limited to accuracy and updatedness. No part of the content that we provide constitutes financial advice, legal advice or any other form of advice meant for your specific reliance for any purpose. Any use or reliance on our content is solely at your own risk and discretion. You should conduct your own research, review, analyse and verify our content before relying on them. Trading is a highly risky activity that can lead to major losses, please therefore consult your financial advisor before making any decision. No content on our Site is meant to be a solicitation or offer.