Q2 EPS Estimates for Bitcoin Depot Reduced by HC Wainwright

Bitcoin Depot Inc. (NASDAQ:BTM - Free Report) - Investment analysts at HC Wainwright dropped their Q2 2025 earnings per share estimates for Bitcoin Depot in a research report issued to clients and investors on Tuesday, March 18th. HC Wainwright analyst M. Colonnese now forecasts that the company will post earnings per share of $0.05 for the quarter, down from their prior forecast of $0.10. HC Wainwright has a "Buy" rating and a $4.00 price objective on the stock.

Separately, B. Riley reaffirmed a "buy" rating and issued a $4.70 price target (up from $4.50) on shares of Bitcoin Depot in a report on Wednesday, March 19th.

Bitcoin Depot Stock Up 8.8 %

Shares of BTM traded up $0.12 during mid-day trading on Thursday, reaching $1.48. The company's stock had a trading volume of 201,495 shares, compared to its average volume of 432,287. The company has a debt-to-equity ratio of 9.33, a current ratio of 0.91 and a quick ratio of 0.91. Bitcoin Depot has a 12-month low of $0.93 and a 12-month high of $3.52. The stock has a market cap of $89.38 million, a PE ratio of -1.59 and a beta of 0.10. The company's 50 day moving average is $1.43 and its 200 day moving average is $1.60.

Institutional Investors Weigh In On Bitcoin Depot

Institutional investors and hedge funds have recently bought and sold shares of the stock. Blue Owl Capital Holdings LP grew its holdings in shares of Bitcoin Depot by 480.0% during the fourth quarter. Blue Owl Capital Holdings LP now owns 18,125 shares of the company's stock worth $29,000 after purchasing an additional 15,000 shares during the last quarter. Walleye Capital LLC grew its stake in Bitcoin Depot by 110.1% during the 3rd quarter. Walleye Capital LLC now owns 23,542 shares of the company's stock worth $37,000 after buying an additional 12,337 shares during the last quarter. Renaissance Technologies LLC increased its position in Bitcoin Depot by 96.4% during the fourth quarter. Renaissance Technologies LLC now owns 146,100 shares of the company's stock worth $237,000 after buying an additional 71,700 shares during the period. Two Sigma Advisers LP purchased a new stake in Bitcoin Depot in the fourth quarter valued at approximately $267,000. Finally, 272 Capital LP purchased a new stake in Bitcoin Depot in the third quarter valued at approximately $401,000. 9.18% of the stock is owned by hedge funds and other institutional investors.

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Bitcoin Depot Company Profile

Bitcoin Depot Inc owns and operates a network of cryptocurrency kiosks in North America. Its customers can buy and sell bitcoin, litecoin, and ethereum cryptocurrencies using the BTM kiosk network and other services. The company also engages in the sale of cryptocurrency to consumers at a network of retail locations through its BDCheckout product offering, as well as its website through over-the-counter trade.