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Upturn AI SWOT - About
Bitcoin Depot Inc. (BTMWW)
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Upturn Advisory Summary
04/01/2025: BTMWW (1-star) is currently NOT-A-BUY. Pass it for now.
Upturn Star Rating
Not Recommended Performance
These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.
AI Based Fundamental Rating
Not Recommended Performance
These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.
Analysis of Past Performance
Type Stock | Historic Profit -12.5% | Avg. Invested days 47 | Today’s Advisory PASS |
Upturn Star Rating | Upturn Advisory Performance  1.0 | Stock Returns Performance  1.0 |
| Profits based on simulation | Last Close 04/01/2025 |
Key Highlights
Company Size ETF | Market Capitalization 0 USD | Price to earnings Ratio - | 1Y Target Price - |
Price to earnings Ratio - | 1Y Target Price - | ||
Volume (30-day avg) 39255 | Beta - | 52 Weeks Range 0.03 - 0.12 | Updated Date 02/26/2025 |
52 Weeks Range 0.03 - 0.12 | Updated Date 02/26/2025 | ||
Dividends yield (FY) - | Basic EPS (TTM) - |
Earnings Date
Report Date - | When - | Estimate - | Actual - |
Profitability
Profit Margin - | Operating Margin (TTM) - |
Management Effectiveness
Return on Assets (TTM) - | Return on Equity (TTM) - |
Valuation
Trailing PE - | Forward PE - | Enterprise Value - | Price to Sales(TTM) - |
Enterprise Value - | Price to Sales(TTM) - | ||
Enterprise Value to Revenue - | Enterprise Value to EBITDA - | Shares Outstanding - | Shares Floating - |
Shares Outstanding - | Shares Floating - | ||
Percent Insiders - | Percent Institutions - |
Analyst Ratings
Rating - | Target Price - | Buy - | Strong Buy - |
Buy - | Strong Buy - | ||
Hold - | Sell - | Strong Sell - | |
Strong Sell - |
Upturn AI SWOT
Bitcoin Depot Inc.
Company Overview
History and Background
Bitcoin Depot Inc. was founded in 2016. It has grown rapidly to become one of the largest networks of Bitcoin ATMs in North America, focusing on providing convenient access to cryptocurrency.
Core Business Areas
- Bitcoin ATMs: Bitcoin Depot Inc. operates a network of Bitcoin ATMs (BTMs) that allow users to buy and sell Bitcoin and other cryptocurrencies using cash.
- BDCheckout: BDCheckout facilitates Bitcoin purchases with cash at retail locations.
- Mobile App (BDCheckout): Allows users to find locations and manage their cryptocurrency transactions.
Leadership and Structure
Brandon Mintz is the CEO. The company has a typical corporate structure with departments such as operations, technology, finance, and marketing.
Top Products and Market Share
Key Offerings
- Bitcoin ATMs: These ATMs allow users to buy and sell Bitcoin using cash. Bitcoin Depot controls ~25% of the North American market. Competitors are CoinCloud, Coinstar, and others. Revenue is generated per transaction.
- BDCheckout: This enables users to buy Bitcoin with cash at participating retailers. Market share for this specific segment is not widely available. Competitors include LibertyX and other retail purchase options. Revenue is generated per transaction.
Market Dynamics
Industry Overview
The cryptocurrency ATM market is experiencing rapid growth due to increasing adoption of cryptocurrencies. Regulatory uncertainty and competition are significant factors.
Positioning
Bitcoin Depot Inc. is positioned as a leading provider of Bitcoin ATMs, focusing on accessibility and convenience. Its competitive advantages include a large network and established brand recognition.
Total Addressable Market (TAM)
The global cryptocurrency ATM market is projected to reach several billion dollars in the next few years. Bitcoin Depot, with ~25% of the market, is well-positioned to capture a significant portion of this TAM, but faces competition.
Upturn SWOT Analysis
Strengths
- Large ATM network
- Strong brand recognition
- First-mover advantage
- BDCheckout integration
Weaknesses
- High operational costs
- Dependence on cryptocurrency market volatility
- Regulatory risks
- Potential for fraud
Opportunities
- Expansion into new markets
- Partnerships with retailers
- Integration of additional cryptocurrencies
- Technological advancements in ATM security
Threats
- Increasing competition
- Regulatory changes
- Cryptocurrency market crashes
- Cybersecurity threats
Competitors and Market Share
Key Competitors
- COIN
- NCR
- DIEB
Competitive Landscape
Bitcoin Depot benefits from a large network but faces increasing competition from other ATM providers and online exchanges. Their competitive advantage lies in providing physical access points for cryptocurrency transactions, but regulatory challenges and operational costs are constant concerns.
Major Acquisitions
Growth Trajectory and Initiatives
Historical Growth: Bitcoin Depot has experienced rapid growth in terms of ATM deployments.
Future Projections: Future growth depends on cryptocurrency adoption and market conditions. Analyst estimates are not readily available.
Recent Initiatives: Recent initiatives include expanding the ATM network and integrating BDCheckout.
Summary
Bitcoin Depot holds a strong position in the Bitcoin ATM market with a substantial network. However, it is highly dependent on the volatile cryptocurrency market, making it a riskier investment. Increasing competition and regulatory uncertainty pose significant threats to its long-term growth and profitability. To succeed, Bitcoin Depot needs to adapt its business model to mitigate risks related to crypto volatility.
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Sources and Disclaimers
Data Sources:
- Company Website
- Industry Reports
- Market Data Aggregators
Disclaimers:
This analysis is based on publicly available information and limited data. Investment decisions should be based on thorough research and consultation with a financial advisor.
AI Summarization is directionally correct and might not be accurate.
Summarized information shown could be a few years old and not current.
Fundamental Rating based on AI could be based on old data.
AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.
About Bitcoin Depot Inc.
Exchange NASDAQ | Headquaters - | ||
IPO Launch date 2023-07-03 | CEO - | ||
Sector Financial Services | Industry Capital Markets | Full time employees 107 | Website |
Full time employees 107 | Website | ||
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 retail locations through its BDCheckout product offering and through its website over the counter trade. The company was founded in 2016 and is headquartered in Atlanta, Georgia. Bitcoin Depot Inc. is a subsidiary of BT Assets, Inc.
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