Bitcoin Depot (BTM) Announces $10M Share Buyback

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Bitcoin Depot Announces Share Repurchase Program

September 22, 2023 8:30 AM EDT

ATLANTA, Sept. 22, 2023 (GLOBE NEWSWIRE) -- Bitcoin Depot Inc. (Bitcoin Depot or the Company), a U.S.-based Bitcoin ATM operator and leading fintech company, today announced that its Board of Directors has authorized a share repurchase program pursuant to which the Company is authorized to repurchase up to $10 million of outstanding shares of its Class A common stock beginning immediately and continuing through and including June 30, 2024.

Pursuant to the authorization, repurchases may be made from time to time using a variety of methods, including open market purchases, privately negotiated transactions or by other means in accordance... More