Latest news with #BitcoinDepot
Business Insider
2 days ago
- Business
- Business Insider
Bitcoin Depot files $100M mixed securities shelf
17:00 EDT Bitcoin Depot (BTM) files $100M mixed securities shelf Confident Investing Starts Here: Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Yahoo
15-06-2025
- Business
- Yahoo
Bitcoin Depot Inc.'s (NASDAQ:BTM) most bullish insider, CEO Brandon Mintz must be pleased with the recent 33% gain
Bitcoin Depot's significant insider ownership suggests inherent interests in company's expansion Brandon Mintz owns 65% of the company Institutions own 14% of Bitcoin Depot AI is about to change healthcare. These 20 stocks are working on everything from early diagnostics to drug discovery. The best part - they are all under $10bn in marketcap - there is still time to get in early. To get a sense of who is truly in control of Bitcoin Depot Inc. (NASDAQ:BTM), it is important to understand the ownership structure of the business. We can see that individual insiders own the lion's share in the company with 70% ownership. In other words, the group stands to gain the most (or lose the most) from their investment into the company. As a result, insiders scored the highest last week as the company hit US$397m market cap following a 33% gain in the stock. Let's take a closer look to see what the different types of shareholders can tell us about Bitcoin Depot. See our latest analysis for Bitcoin Depot Many institutions measure their performance against an index that approximates the local market. So they usually pay more attention to companies that are included in major indices. As you can see, institutional investors have a fair amount of stake in Bitcoin Depot. This suggests some credibility amongst professional investors. But we can't rely on that fact alone since institutions make bad investments sometimes, just like everyone does. It is not uncommon to see a big share price drop if two large institutional investors try to sell out of a stock at the same time. So it is worth checking the past earnings trajectory of Bitcoin Depot, (below). Of course, keep in mind that there are other factors to consider, too. Hedge funds don't have many shares in Bitcoin Depot. With a 65% stake, CEO Brandon Mintz is the largest shareholder. With such a huge stake, we infer that they have significant control of the future of the company. It's usually considered a good sign when insiders own a significant number of shares in the company, and in this case, we're glad to see a company insider with such skin in the game. Meanwhile, the second and third largest shareholders, hold 4.8% and 3.2%, of the shares outstanding, respectively. While studying institutional ownership for a company can add value to your research, it is also a good practice to research analyst recommendations to get a deeper understand of a stock's expected performance. There are plenty of analysts covering the stock, so it might be worth seeing what they are forecasting, too. The definition of company insiders can be subjective and does vary between jurisdictions. Our data reflects individual insiders, capturing board members at the very least. Management ultimately answers to the board. However, it is not uncommon for managers to be executive board members, especially if they are a founder or the CEO. I generally consider insider ownership to be a good thing. However, on some occasions it makes it more difficult for other shareholders to hold the board accountable for decisions. Our most recent data indicates that insiders own the majority of Bitcoin Depot Inc.. This means they can collectively make decisions for the company. Given it has a market cap of US$397m, that means they have US$277m worth of shares. Most would be pleased to see the board is investing alongside them. You may wish todiscover (for free) if they have been buying or selling. The general public, who are usually individual investors, hold a 16% stake in Bitcoin Depot. While this group can't necessarily call the shots, it can certainly have a real influence on how the company is run. It's always worth thinking about the different groups who own shares in a company. But to understand Bitcoin Depot better, we need to consider many other factors. Be aware that Bitcoin Depot is showing 2 warning signs in our investment analysis , and 1 of those is significant... But ultimately it is the future, not the past, that will determine how well the owners of this business will do. Therefore we think it advisable to take a look at this free report showing whether analysts are predicting a brighter future. NB: Figures in this article are calculated using data from the last twelve months, which refer to the 12-month period ending on the last date of the month the financial statement is dated. This may not be consistent with full year annual report figures. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned. Sign in to access your portfolio
Yahoo
14-06-2025
- Business
- Yahoo
Bitcoin Depot price target raised to $9 from $7 at Noble Capital
Noble Capital raised the firm's price target on Bitcoin Depot (BTM) to $9 from $7 and keeps an Outperform rating on the shares after the company announced that it had acquired the assets of Pelicoin, a crypto ATM company with operations in the Gulf South. The firm, which is maintaining its revenue and adjusted EBITDA forecasts for 2025, notes that shares have traded up roughly 200% since the company reported strong Q1 results in mid-May, but believes 'there is still room for upside.' Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>> See today's best-performing stocks on TipRanks >> Read More on BTM: Disclaimer & DisclosureReport an Issue Bitcoin Depot adds to bitcoin treasury holdings Bitcoin Depot price target raised to $8.50 from $7 at Northland Bitcoin Depot acquires assets of regional bitcoin ATM operator Pelicoin Bitcoin Depot price target raised to $7 from $6 at Northland Crypto Currents: Strategy buys more bitcoin Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Crypto Insight
29-05-2025
- Business
- Crypto Insight
Bitcoin's physical infrastructure is the industry's most overlooked asset
Opinion by: Scott Buchanan, chief operating officer of Bitcoin Depot A new proposal to install Bitcoin ATMs in federal buildings highlights an important question: Can crypto truly go mainstream without a stronger physical presence? For years, the industry has focused on software and decentralization, but its reluctance to invest in real-world infrastructure is starting to show. Without physical access points, crypto risks becoming an exclusive, insiders-only system, rather than the open alternative it sets out to be. Everyone loves to talk about decentralization. There's a good reason behind this. It defines the movement, shapes the technology, and supports the vision of a better financial system. While the industry focuses on code and algorithms, it lacks something basic. A decentralized system that exists only online is not genuinely decentralized. Physical infrastructure is the missing link Bitcoin's physical infrastructure is the missing link. Without tools like ATMs, kiosks and access points at traditional retail locations, crypto remains out of reach for millions. Decentralization is not just about removing intermediaries. True decentralization requires expanding access. Without real-world touchpoints, even the most advanced network becomes limited to a closed circle of insiders. For crypto to become mainstream, it must be easy to reach digitally and physically. That means showing up in places people already go and seamlessly integrating into people's lives. Many groups in the American population still rely on cash or don't have access to traditional banks. According to the latest Federal Deposit Insurance Corporation report, around 5.6 million American households don't have a bank or savings account. Bitcoin ATMs give these users access without needing an app, a bank account or a crash course in blockchain. Most crypto tools today assume a level of financial fluency and infrastructure that millions simply do not have. The result is a digital-only ecosystem that locks out newcomers and widens the divide between early adopters and everyone else. User-friendly screen in the right place Physical infrastructure helps address this issue. A Bitcoin ATM in a grocery store or gas station is not just a convenience but a bridge to financial inclusion. It is an invitation to someone who has never bought crypto, telling them they can participate. No bank, no broker, just a user-friendly screen in a familiar place. These machines also generate new economic activity. Local businesses benefit from increased foot traffic as the kiosks create passive revenue. For many communities, they provide access to a parallel financial system that was previously out of reach. This is a tangible example of crypto's real-world utility. It is already happening, and it is measurable. The crypto industry's blind spot The industry often treats physical infrastructure like an afterthought. The obsession with building new digital solutions has created a blind spot. Innovation without usability builds systems that serve the few but exclude the many. If someone can buy Bitcoin at the same place they buy their morning coffee, that is when crypto stops feeling like an obscure digital asset and starts becoming part of everyday life. As governments increase regulation, trusted and transparent interfaces will become more important. When operated within regulatory frameworks, Bitcoin ATMs offer a way to provide access between traditional finance and digital assets. They are familiar, easy to monitor and offer a more approachable entry point for the general public. Like any financial tool, Bitcoin ATMs have drawn scrutiny, particularly in cases where bad actors use them. Rather than dismissing the machines themselves, we should focus on investing in better oversight, stronger consumer education and smarter regulation. The overwhelming majority of people who use Bitcoin ATMs do so for legitimate reasons: to send remittances, to move money securely or to access digital assets without traditional banking barriers. Building trust does not mean avoiding or dismantling physical access, but improving it. The first time someone uses Bitcoin should not involve reading a white paper or navigating a tutorial. It should be as familiar as using an ATM or tapping a payment terminal. This is not an argument against innovation. Software and protocols will continue to evolve and play an important role. Physical infrastructure provides something those tools cannot: trust through presence. When people can see and use crypto in their neighborhood, at a store they already visit or in a format they already understand, it changes how they think about crypto and who it is for. According to Coin ATM Radar, there are over 30,000 Bitcoin ATMs in the US. It's a meaningful start, but still only a small step toward widespread access. Crypto's long-term success will depend not just on innovation but also on inclusion. That means building more than networks; it means building presence. When people can interact with crypto in the physical world, it stops being abstract and becomes usable. That is how digital finance becomes everyday finance. Opinion by: Scott Buchanan, chief operating officer of Bitcoin Depot. Source:
Globe and Mail
24-05-2025
- Business
- Globe and Mail
3 Best Stocks to Buy Now, 5/23/2025, According to Top Analysts
Which stocks are best to buy now? According to Top Wall Street Analysts, the three stocks listed below are Strong Buys. Each stock received a new Buy rating recently and has a significant upside as well. Confident Investing Starts Here: To find more stocks like these, take a look at TipRanks' Analyst Top Stocks tool. It shows you a real-time list of all stocks that have been recently rated by Top-ranking Analysts. Here are today's top stock picks, according to analysts. Click on any ticker to thoroughly research the stock before you decide whether to add it to your portfolio. Strategy (MSTR) – This is a business intelligence company known for its significant Bitcoin holdings alongside its enterprise analytics software offerings. Yesterday, BTIG analyst Andrew Harte maintained a Buy rating on the stock with a price target of $620 per share. In the last three months, all nine Top Analysts covering the stock have rated it a Buy. Taken together, their 12-month price targets imply an upside of about 46.09%. Bitcoin Depot (BTM) – Bitcoin Depot is the largest Bitcoin ATM operator in North America, enabling users to convert cash into Bitcoin through kiosks and retail locations. Yesterday, Northland Securities analyst Michael Grondahl maintained a Buy rating on the stock with a price target of $5 per share. In the last three months, all three Top Analysts covering the stock have rated it a Buy. Taken together, their 12-month price targets imply an upside of about 60.4%. LivaNova (LIVN) – LivaNova is a medical technology company that develops devices and therapies for treating neurological and cardiovascular conditions. Yesterday, Piper Sandler analyst Adam Maeder maintained a Buy rating on the stock with a price target of $75 per share. Interestingly, five out of the six Top Analysts who recently rated the stock gave it a Buy. Taken together, their 12-month price targets imply an upside of about 48.61%. Who Are the Top Analysts? TipRanks ranks financial analysts according to the success rates of their ratings and the average return on each of their ratings. The Top Analysts have each earned a five-star ranking, thanks to the accuracy and profitability of their ratings over time. See real-time analyst rankings and learn more about the performance of Top Analysts on TipRanks' Top Wall Street Analysts page.
