Bitcoin Depot
BTC Holdings
100
Share Price
$3.81
Current trading price per share
Market Cap
$259M
Total market capitalization
Enterprise Value
$286M
Market cap plus debt minus cash
NAV Multiple
23.265
Net Asset Value multiplier
BTC / Market Cap
4.3%
Bitcoin holdings as % of market cap
About Bitcoin Depot
Bitcoin Depot, listed on Nasdaq with the ticker BTM, is a leading provider of Bitcoin access solutions headquartered in Atlanta, Georgia. Founded in 2016, the company emerged to bridge cash users with the digital financial system by simplifying Bitcoin purchases. Its business model focuses on convenient, secure transactions through a network of kiosks and retail integrations, generating revenue from fees on conversions. Core operations include operating thousands of Bitcoin ATMs across North America, enabling cash-to-Bitcoin exchanges at retail checkouts via BDCheckout, and supporting online purchases, all while ensuring direct wallet transfers without taking custody of users' assets.
Bitcoin Depot employs a Bitcoin treasury strategy, accumulating Bitcoin as a reserve asset to diversify its financial portfolio and capitalize on its potential as a store of value. This approach involves strategic purchases to bolster holdings amid market momentum. Beyond treasury management, the company's broader digital asset strategy centers on enhancing Bitcoin accessibility, including innovations in transaction infrastructure and user education to promote widespread adoption within the cryptocurrency ecosystem.
Led by founder and CEO Brandon Mintz, Bitcoin Depot maintains a dominant industry presence as the largest Bitcoin ATM operator, with extensive retail partnerships facilitating seamless crypto entry. Its leadership drives a vision of financial inclusion through technology. By focusing on user-friendly Bitcoin integration, Bitcoin Depot ensures long-term relevance in the expanding digital economy.
Recent Developments
- Jun 13, 2025: Bitcoin holdings increased by 17.50 BTC to 100 BTC with cost basis of $105.7K (BTC @ $6.25)
- Feb 25, 2025: Bitcoin holdings increased by 11.00 BTC to 82.5 BTC with cost basis of $89.4K (BTC @ $1.19)
- Feb 3, 2025: Bitcoin holdings increased by 51.50 BTC to 71.5 BTC with cost basis of $96.9K (BTC @ $1.6)
- Jun 17, 2024: Bitcoin holdings increased by 20.00 BTC to 20 BTC with cost basis of $66.2K (BTC @ $1.85)
Bitcoin Depot — Bitcoin Holdings Over Time
1y - Present
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Bitcoin Depot — Stock vs BTC Dynamics
1y - Present
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Balance Sheet History