Q2 EPS Estimates for Bitcoin Depot Raised by Northland Capmk

Bitcoin Depot Inc. (NASDAQ:BTM) – Northland Capmk boosted their Q2 2025 earnings per share estimates for Bitcoin Depot in a research note issued on Tuesday, March 18th. Northland Capmk analyst M. Grondahl now expects that the company will post earnings of $0.23 per share for the quarter, up from their prior forecast of $0.15. Northland Capmk also issued estimates for Bitcoin Depot’s Q3 2025 earnings at $0.14 EPS and Q4 2025 earnings at $0.08 EPS.

Several other research analysts have also recently issued reports on BTM. B. Riley reissued a “buy” rating and set a $4.70 target price (up previously from $4.50) on shares of Bitcoin Depot in a report on Wednesday. HC Wainwright reaffirmed a “buy” rating and set a $4.00 price target on shares of Bitcoin Depot in a research report on Tuesday.

Bitcoin Depot Stock Performance

BTM opened at $1.38 on Thursday. The company has a current ratio of 0.91, a quick ratio of 0.91 and a debt-to-equity ratio of 9.33. Bitcoin Depot has a 12-month low of $0.93 and a 12-month high of $3.52. The firm has a 50 day moving average of $1.43 and a two-hundred day moving average of $1.60. The firm has a market capitalization of $83.34 million, a PE ratio of -1.48 and a beta of 0.10.

Institutional Investors Weigh In On Bitcoin Depot

A number of hedge funds and other institutional investors have recently made changes to their positions in the company. Welch Capital Partners LLC NY boosted its holdings in Bitcoin Depot by 480.1% during the fourth quarter. Welch Capital Partners LLC NY now owns 522,073 shares of the company’s stock worth $846,000 after buying an additional 432,073 shares in the last quarter. Two Sigma Advisers LP acquired a new position in shares of Bitcoin Depot in the fourth quarter worth about $267,000. Two Sigma Investments LP purchased a new stake in shares of Bitcoin Depot during the 4th quarter worth about $427,000. Blue Owl Capital Holdings LP grew its position in shares of Bitcoin Depot by 480.0% during the 4th quarter. Blue Owl Capital Holdings LP now owns 18,125 shares of the company’s stock valued at $29,000 after acquiring an additional 15,000 shares during the period. Finally, Radcliffe Capital Management L.P. increased its stake in shares of Bitcoin Depot by 134.3% in the 4th quarter. Radcliffe Capital Management L.P. now owns 285,835 shares of the company’s stock valued at $463,000 after purchasing an additional 163,854 shares in the last quarter. Institutional investors and hedge funds own 9.18% of the company’s stock.

About Bitcoin Depot

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.