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Bitcoin Depot Gains Approval to Pursue Reverse Stock Split

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Bitcoin Depot Gains Approval to Pursue Reverse Stock Split

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

On January 12, 2026, Bitcoin Depot Inc. obtained written consent from a majority stockholder group holding approximately 91.4% of its voting power to approve a reverse stock split of its common stock at a ratio to be set between one-for-five and one-for-twenty. The approval authorizes the board to determine the exact split ratio, to file an amendment to the company’s certificate of incorporation to effect the reverse split any time before June 30, 2026, or to abandon the split entirely if it later concludes the move is not in the best interests of the company or its stockholders, with a Schedule 14C information statement to be filed and distributed under SEC rules.

The most recent analyst rating on (BTM) stock is a Hold with a $1.50 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.

The score is held back primarily by high balance-sheet leverage and clearly bearish technicals (price below key moving averages with negative MACD). Offsetting factors include strong cash flow and a solid Q3 earnings performance with expansion progress, while valuation appears reasonable but lacks dividend support.

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

More about Bitcoin Depot

Average Trading Volume: 1,248,747

Technical Sentiment Signal: Sell

Current Market Cap: $95.9M

For detailed information about BTM stock, go to TipRanks’ Stock Analysis page.

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