Bitcoin Depot (BTM) Reports Strong Preliminary Fourth Quarter 2024 Results

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Bitcoin Depot Reports Strong Preliminary Fourth Quarter 2024 Results

January 21, 2025 8:00 AM EST

Q4 2024 Results Signal Strength and Momentum for 2025

ATLANTA, Jan. 21, 2025 (GLOBE NEWSWIRE) -- Bitcoin Depot Inc. (Bitcoin Depot or the Company), a U.S.-based Bitcoin ATM operator and leading fintech company, today announced certain preliminary financial results for the fourth quarter ended December 31, 2024.

The Company expects revenue to range between $135 million and $137 million, compared to $135.3 million reported in the third quarter of 2024 and $148.4 million reported in the fourth quarter of 2023. The Company also expects adjusted EBITDA to range between $11 million and $13 million, an increase of 22% to 44% compared to the $9.0 million reported in the fourth... More