Nov. 14 at 5:07 PM
Noble Capital Markets Research Report: Bitcoin Depot (
$BTM) – Solid Q3 Execution Amid Rising Regulatory Headwinds
Q3 results exceed expectations. Bitcoin Depot reported Q3 revenue of
$162.5 million and adj. EBITDA of
$16.1 million, both above our estimates of
$146.5 million and
$11.0 million, respectively. Results reflected strong kiosk expansion, higher transaction volumes, and improved margins.
Read more: https://www.channelchek.com/news-channel/bitcoin-depot-btm-solid-q3-execution-amid-rising-regulatory-headwinds