Atlanta-based crypto ATM maker Bitcoin Depot released earnings data showing that the company's third quarter revenue was $135.30 million, down 25 percent from $179.50 million in the third fiscal quarter of 2023. The company also reported holding more than $1.31 million in cryptocurrency. According to the company's website, Bitcoin Depot has about 16,700 sites in the United States, Canada, and Australia.
In August 2022, Bitcoin Depot went public at a valuation of $885 million. The company's Class A common stock (ticker symbol BTM) is trading on NASDAQ and is valued at $1.99 as of 4:22 PM EST on November 15. Currently, its market cap is around $118.20 million.
Crypto ATM Operator Bitcoin Depot Revenues $135.30 million in Third Quarter
2024-11-15 22:34:01
Headquarters yuta tantana crypto atm manufacturers bitcoin depotdesk3cryptocurrencydesktopCrypto News
Disclaimer:
1. The information provided does not constitute investment advice. Investors should make independent decisions and bear all risks themselves.
2. The copyright of this content belongs to the original author. The views expressed herein are solely those of the author and do not represent the stance or position of this website.
Previous article：
加密ATM运营商Bitcoin Depot第三季度收入1.353亿美元Next article：
Galaxy：Q3区块链初创企业融资额为24亿美元，环比下降20%
