Northland Capmk Predicts Reduced Earnings for Bitcoin Depot

Bitcoin Depot Inc. (NASDAQ:BTM) – Equities researchers at Northland Capmk cut their Q4 2025 earnings per share (EPS) estimates for Bitcoin Depot in a report issued on Friday, May 16th. Northland Capmk analyst M. Grondahl now forecasts that the company will post earnings of $0.04 per share for the quarter, down from their prior forecast of $0.08. Northland Capmk currently has a “Strong-Buy” rating on the stock.

Bitcoin Depot (NASDAQ:BTM) last announced its earnings results on Thursday, May 15th. The company reported $0.20 earnings per share (EPS) for the quarter, topping the consensus estimate of $0.09 by $0.11. Bitcoin Depot had a negative net margin of 2.28% and a negative return on equity of 488.33%.

A number of other analysts also recently commented on BTM. HC Wainwright reiterated a “buy” rating and issued a $4.00 price objective on shares of Bitcoin Depot in a report on Tuesday, March 18th. Northland Securities upgraded Bitcoin Depot from a “market perform” rating to an “outperform” rating and set a $5.00 price target for the company in a research report on Friday. Finally, B. Riley increased their price target on Bitcoin Depot from $4.70 to $5.50 and gave the company a “buy” rating in a report on Friday. Three analysts have rated the stock with a buy rating and two have assigned a strong buy rating to the company’s stock. Based on data from MarketBeat, the stock currently has an average rating of “Buy” and an average target price of $4.83.

Bitcoin Depot Stock Performance

NASDAQ:BTM opened at $3.00 on Monday. The company has a market cap of $191.82 million, a P/E ratio of -3.23 and a beta of -0.27. Bitcoin Depot has a twelve month low of $0.93 and a twelve month high of $3.52. The company’s 50-day moving average price is $1.48 and its 200-day moving average price is $1.59. The company has a current ratio of 0.91, a quick ratio of 0.91 and a debt-to-equity ratio of 9.33.

Institutional Investors Weigh In On Bitcoin Depot

A number of institutional investors and hedge funds have recently added to or reduced their stakes in BTM. Renaissance Technologies LLC lifted its holdings in shares of Bitcoin Depot by 96.4% in the 4th quarter. Renaissance Technologies LLC now owns 146,100 shares of the company’s stock worth $237,000 after acquiring an additional 71,700 shares during the last quarter. Welch Capital Partners LLC NY raised its position in Bitcoin Depot by 480.1% in the fourth quarter. Welch Capital Partners LLC NY now owns 522,073 shares of the company’s stock valued at $846,000 after purchasing an additional 432,073 shares during the period. Blue Owl Capital Holdings LP boosted its position 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 buying an additional 15,000 shares during the period. Radcliffe Capital Management L.P. grew its stake in shares of Bitcoin Depot by 134.3% in the fourth quarter. Radcliffe Capital Management L.P. now owns 285,835 shares of the company’s stock valued at $463,000 after buying an additional 163,854 shares in the last quarter. Finally, Verdence Capital Advisors LLC acquired a new stake in shares of Bitcoin Depot in the first quarter valued at $73,000. Hedge funds and other institutional investors own 9.18% of the company’s stock.

Insider Activity at Bitcoin Depot

In related news, COO Christopher Scott Buchanan sold 20,476 shares of the company’s stock in a transaction that occurred on Thursday, April 3rd. The stock was sold at an average price of $1.33, for a total value of $27,233.08. Following the transaction, the chief operating officer now directly owns 169,276 shares in the company, valued at approximately $225,137.08. This represents a 10.79% decrease in their ownership of the stock. The transaction was disclosed in a legal filing with the SEC, which is accessible through this link. 70.23% of the stock is currently owned by insiders.

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.