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Bitcoin Depot
(OTC:BTMCQ)
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Rating:42Neutral
Price Target:
$0.15
▼(-97.19% Downside)
Action:Upgraded
Date:06/19/26
The score is primarily held down by weak financial quality (ongoing losses, declining revenue, and elevated leverage) and very bearish technical signals (price far below all key moving averages with negative MACD). Positive free cash flow provides some support, but valuation is not compelling given negative earnings and no dividend yield.
Positive Factors
Retail BTM distribution network
Bitcoin Depot’s physical kiosk footprint and retail partnerships create a durable distribution advantage: in-person cash-to-crypto access targets customers underserved by online-only providers. Location-based recurring transactions and visible presence support steady demand and network effects over months.
Negative Factors
Declining revenue and losses
Top-line decline alongside persistent net losses is a durable concern: shrinking revenue limits the company’s ability to capitalize on improved margins, reduces cash cushion over time, and hampers reinvestment and growth unless revenue trends reverse sustainably.
Read all positive and negative factors
Positive Factors
Negative Factors
Retail BTM distribution network
Bitcoin Depot’s physical kiosk footprint and retail partnerships create a durable distribution advantage: in-person cash-to-crypto access targets customers underserved by online-only providers. Location-based recurring transactions and visible presence support steady demand and network effects over months.
Read all positive factors
Bitcoin Depot (BTMCQ) vs. SPDR S&P 500 ETF (SPY)
Market Cap
$1.43M
Dividend YieldN/A
Average Volume (3M)699.27K
Price to Earnings (P/E)―
Beta (1Y)1.70
Revenue Growth7.17%
EPS GrowthN/A
CountryUS
Employees126
SectorFinancial
Sector Strength70
IndustryFinancial - Credit Services
Share Statistics
EPS (TTM)0.13
Shares Outstanding5,941,972
10 Day Avg. Volume80,824
30 Day Avg. Volume699,270
Financial Highlights & Ratios
PEG Ratio-2.34
Price to Book (P/B)50.95
Price to Sales (P/S)1.05
P/FCF Ratio22.66
Enterprise Value/Market Cap1.13
Enterprise Value/Revenue<0.01
Enterprise Value/Gross Profit0.01
Enterprise Value/Ebitda0.03
Forecast
1Y Price TargetN/A
Price Target UpsideN/A
Rating ConsensusHold
Number of Analyst Covering1
EPS Forecast (FY)-1.86
Revenue Forecast (FY)$400.60M
Bitcoin Depot Business Overview & Revenue Model
Company Description
Bitcoin Depot Inc. owns and operates a network of cryptocurrency kiosks in North America. It provides users to buy and sell bitcoin, litecoin, and ethereum cryptocurrencies; and engages in the sale of cryptocurrency to consumers at a network of re...
How the Company Makes Money
Bitcoin Depot generates revenue primarily from transaction-based fees and spreads charged to customers who use its BTMs and other purchasing channels to buy (and where available, sell) cryptocurrency. In a typical BTM purchase, a customer inserts ...
Bitcoin Depot Financial Statement Overview
Summary
Income Statement
42
Neutral
Balance Sheet
28
Negative
Cash Flow
62
Positive
| Breakdown | Dec 2025 | Dec 2024 | Dec 2023 | Dec 2022 | Dec 2021 |
|---|---|---|---|---|---|
Income Statement | |||||
| Total Revenue | 614.85M | 573.70M | 688.97M | 646.83M | 548.98M |
| Gross Profit | 113.30M | 91.44M | 101.03M | 72.30M | 56.03M |
| EBITDA | 51.46M | 34.22M | 26.23M | 35.04M | 26.79M |
| Net Income | -6.18M | -11.69M | -26.10M | 3.98M | 5.94M |
Balance Sheet | |||||
| Total Assets | 130.44M | 80.10M | 77.38M | 93.40M | 108.33M |
| Cash, Cash Equivalents and Short-Term Investments | 65.63M | 30.98M | 30.47M | 38.08M | 38.03M |
| Total Debt | 65.36M | 63.51M | 31.33M | 62.62M | 69.31M |
| Total Liabilities | 118.61M | 96.59M | 68.00M | 83.96M | 89.35M |
| Stockholders Equity | 12.67M | -23.63M | -15.81M | 7.21M | 17.54M |
Cash Flow | |||||
| Free Cash Flow | 28.49M | 11.79M | 41.08M | 30.14M | 15.35M |
| Operating Cash Flow | 33.98M | 22.54M | 41.10M | 31.25M | 23.28M |
| Investing Cash Flow | -13.87M | -11.37M | -22.00K | -3.11M | -19.32M |
| Financing Cash Flow | 16.18M | -11.58M | -48.86M | -28.54M | -7.02M |
Bitcoin Depot Technical Analysis
Negative
5.30
Price Trends
2.62
Negative
3.50
Negative
9.52
Negative
Market Momentum
-0.53
Negative
25.33
Positive
18.81
Positive
Evaluating momentum and price trends is crucial in stock analysis to make informed investment decisions. For BTMCQ, the sentiment is Negative. The current price of 5.3 is above the 20-day moving average (MA) of 0.20, above the 50-day MA of 2.62, and below the 200-day MA of 9.52, indicating a bearish trend. The MACD of -0.53 indicates Negative momentum. The RSI at 25.33 is Positive, neither overbought nor oversold. The STOCH value of 18.81 is Positive, not indicating any strong overbought or oversold conditions. Overall, these indicators collectively point to a Negative sentiment for BTMCQ.
Bitcoin Depot Risk Analysis
Bitcoin Depot disclosed 83 risk factors in its most recent earnings report. Bitcoin Depot reported the most risks in the "Finance & Corporate" category.
Finance & Corporate - Financial and accounting risks. Risks related to the execution of corporate activity and strategy
Latest Risks Added 0 New Risks
Bitcoin Depot Peers Comparison
UnderperformOutperform
Sector (68)
Name | Overall Rating | Market Cap | P/E Ratio | ROE | Dividend Yield | Revenue Growth | EPS Growth |
|---|---|---|---|---|---|---|---|
68 Neutral | $18.00B | 11.42 | 9.92% | 3.81% | 9.73% | 1.22% | |
52 Neutral | $28.00M | 4.12 | ― | ― | 1.56% | ― | |
48 Neutral | $757.74M | ― | -0.14% | ― | 13.14% | 4.89% | |
48 Neutral | $248.31M | -5.00 | -29.26% | ― | 18.94% | -2819.27% | |
47 Neutral | $53.27M | -0.28 | 69.35% | ― | ― | ― | |
42 Neutral | $1.43M | -5.54 | -152.67% | ― | 7.17% | ― | |
41 Neutral | $1.76M | ― | -164.77% | ― | ― | 92.58% |
* Financial Sector Average
BTMCQ
Bitcoin Depot
0.13
-35.36
-99.63%
GREE
Greenidge Generation Holdings
1.73
0.44
34.11%
BTBT
Bit Digital
1.83
-0.36
-16.44%
LGHL
Lion Group Holding
0.32
-44.92
-99.30%
ARBK
Argo Blockchain
3.57
-36.82
-91.16%
FUFU
BitFuFu
1.50
-1.73
-53.56%
Glossary
BuyA stock rated as a "Buy" is expected to perform better than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock is likely to deliver higher returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
HoldA stock rated as a "Hold" is expected to perform in line with the overall market or a specific benchmark. This rating indicates that the stock is neither particularly compelling nor unfavorable for investment. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
SellA stock rated as a "Sell" is expected to perform worse than the overall market or a specific benchmark over the near-to-medium term. This rating suggests the stock may deliver lower returns compared to other stocks in the same sector or market index. Note: This is not investment advice; please consult a financial advisor before making investment decisions.
Disclaimer
This AI Analyst Stock Report is automatically generated by our AI systems using advanced algorithms and publicly available financial, technical, and market data. While the information provided aims to be accurate and insightful, it is intended for informational purposes only and should not be considered financial advice. Any content created by an AI (Artificial Intelligence) system may contain inaccuracies and/or contain errors. Investing in stocks carries inherent risks, and past performance is not indicative of future results. This report does not account for your personal financial circumstances, objectives, or risk tolerance. Always conduct your own research or consult with a qualified financial advisor before making investment decisions. The analysis and recommendations provided are based on historical and current data and may not fully reflect future market conditions or unexpected developments. Neither the creators of this report nor its affiliated entities guarantee the accuracy, completeness, or reliability of the information presented. Use this report at your own discretion and risk.