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Bitcoin Depot Completes Merger with BT Assets

Story Highlights
  • Bitcoin Depot completed a merger with BT Assets, making BT HoldCo a subsidiary.
  • The merger maintains founder Brandon Mintz’s control, keeping Bitcoin Depot a ‘controlled company’.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Bitcoin Depot Completes Merger with BT Assets

Confident Investing Starts Here:

The latest update is out from Bitcoin Depot ( (BTM) ).

On May 30, 2025, Bitcoin Depot completed a merger agreement with BT Assets and other associated entities, resulting in BT HoldCo becoming a wholly owned subsidiary. This restructuring involved the termination of a previous tax agreement and the issuance of new shares, aligning the economic interests of the company’s founder, Brandon Mintz, with public stockholders. The merger maintains Mintz’s control over the voting power, ensuring Bitcoin Depot remains a ‘controlled company’ under NASDAQ rules.

The most recent analyst rating on (BTM) stock is a Buy with a $5.00 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.

Bitcoin Depot’s overall stock score reflects significant financial performance issues, despite strong technical momentum and positive earnings call highlights. The valuation challenges and financial instability weigh heavily, though strategic restructuring and expansion efforts offer potential for future improvement.

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

More about Bitcoin Depot

Average Trading Volume: 772,507

Technical Sentiment Signal: Buy

Current Market Cap: $230.9M

Learn more about BTM stock on TipRanks’ Stock Analysis page.

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