Bitcoin Depot Announces One-for-Seven Reverse Stock Split

Bitcoin Depot ( (BTM) ) has provided an announcement.

Bitcoin Depot Inc., a leading North American provider of cash-to-bitcoin kiosks and related services, announced on February 19, 2026, that it will implement a one-for-seven reverse stock split of its common stock, effective February 23, 2026, with its Class A shares continuing to trade on Nasdaq under the ticker BTM. The move, approved by stockholders in January 2026 and the board on February 12, 2026, will not change the company’s authorized share counts, will cash out fractional shares, and will proportionally adjust warrants and equity awards so that investors’ percentage ownership remains effectively unchanged aside from fractional-share treatment.

As part of the reverse split, the company will adjust the number of Class A shares underlying public warrants and increase the warrant exercise price to maintain economic equivalence, while also proportionately modifying equity-based awards and other convertible securities. The announcement marks a capital-structure change that consolidates the share count and is designed to apply uniformly across all stockholders, with no action required from investors holding shares through brokers or in street name.

The most recent analyst rating on (BTM) stock is a Hold with a $0.96 price target. To see the full list of analyst forecasts on Bitcoin Depot stock, see the BTM Stock Forecast page.

Spark’s Take on BTM Stock

According to Spark, TipRanks’ AI Analyst, BTM is a Neutral.

BTM scores mid-range primarily due to mixed financial fundamentals—strong cash flow and improving operating results contrasted with high leverage—and very weak technicals showing a steep downtrend. Low valuation supports the score, while earnings-call results were strong but tempered by softer near-term guidance and regulatory headwinds; corporate events add modest positives but with notable legal overhang.

To see Spark’s full report on BTM stock, click here.

More about Bitcoin Depot

Bitcoin Depot, founded in 2016, operates in the cryptocurrency and digital payments infrastructure sector, providing kiosks and related services that convert cash into bitcoin for use in payments, spending and investing. The Atlanta-based company says it has the largest market share in North America, with more than 9,000 kiosks globally as of August 2025 and cash-to-crypto access at retailers in dozens of U.S. states.

The company targets consumers who prefer using cash but want access to the broader digital financial system, offering its services through Bitcoin Depot-branded kiosks in 47 states and via its BDCheckout product at thousands of name-brand retail locations in 31 states. Its platform is positioned to bridge traditional cash users with the cryptocurrency ecosystem, reinforcing its role as a major physical access point to bitcoin in North America.

Average Trading Volume: 1,034,692

Technical Sentiment Signal: Sell

Current Market Cap: $68.47M

For an in-depth examination of BTM stock, go to TipRanks’ Overview page.