BTM

EQS-News: LION E-Mobility AG reaches revenue target for FY 2023 and forecasts revenue growth in 2024

Retrieved on: 
Wednesday, April 10, 2024
Growth, BTM, C&I, Depreciation, LION, Beauty salon

The robust and road-proven battery technology powers a diverse array of applications spanning various forms of mobility to energy storage.

Key Points: 
  • The robust and road-proven battery technology powers a diverse array of applications spanning various forms of mobility to energy storage.
  • Dr. Joachim Damasky, CEO von LION: “LION is steadfast in its commitment to its sustainable growth trajectory.
  • Alessio Basteri, Chairman of the Board of Directors of LION: ”Looking ahead, we are optimistic about our revenue prospects for the fiscal year 2024.
  • We are commited to sustained growth and see a huge potential of our business operations in the mid to long term.”

Wolf Popper LLP Announces Investigations on Behalf of Investors in Materially Underperforming Special Purpose Acquisition Companies

Retrieved on: 
Thursday, April 4, 2024
Bitcoin, CLIN, Dynamics, SNTI, BTM, Acquisition, IPO, GSR, Advertising, DYNS, ATAK, DIH, Cryptocurrency

NEW YORK, April 04, 2024 (GLOBE NEWSWIRE) -- Wolf Popper LLP is investigating potential claims on behalf of investors in the following Special Purpose Acquisition Companies (SPAC).

Key Points: 
  • NEW YORK, April 04, 2024 (GLOBE NEWSWIRE) -- Wolf Popper LLP is investigating potential claims on behalf of investors in the following Special Purpose Acquisition Companies (SPAC).
  • Wolf Popper is investigating whether the SPACs and their executives made materially false or misleading statements or omitted material information regarding the companies’ businesses, operations, and prospects.
  • On May 25, 2021, Dynamics Special Purpose Corp. (NASDAQ: DYNS) held its initial public offering (IPO) at $10.00 per share and raised $200 million.
  • On February 7, 2022, Aurora Technology Acquisition Corp. (NASDAQ: ATAK) held its IPO at $10.00 per share and raised $200 million.

Bitcoin Depot Announces Expansion into Australia with 125 Bitcoin ATMs

Retrieved on: 
Thursday, April 4, 2024
Growth, History, News, BTM, Bitcoin ATM, Investment, Cryptocurrency

"This strategic expansion into Australia marks a significant step for us, bringing our Bitcoin ATMs to more of an untapped market with significant growth potential and lower competition," said Brandon Mintz, CEO of Bitcoin Depot.

Key Points: 
  • "This strategic expansion into Australia marks a significant step for us, bringing our Bitcoin ATMs to more of an untapped market with significant growth potential and lower competition," said Brandon Mintz, CEO of Bitcoin Depot.
  • Bitcoin Depot’s products and services provide an intuitive, quick, and convenient process for converting cash into Bitcoin.
  • "When I founded Bitcoin Depot seven years ago, my vision was to make cryptocurrency accessible to all.
  • This news adds to the Company's momentum, following recent expansion announcements and surpassing its goal of deploying 8,000 Bitcoin ATMs .

Bitcoin Depot Surpasses 8,000 Signed Bitcoin ATM Locations Ahead of Schedule

Retrieved on: 
Tuesday, April 2, 2024
Partnership, History, BTM, Bitcoin ATM, Investment, Cryptocurrency

ATLANTA, April 02, 2024 (GLOBE NEWSWIRE) -- Bitcoin Depot Inc. (“Bitcoin Depot” or the “Company”) (NASDAQ: BTM), a U.S.-based Bitcoin ATM (“BTM”) operator and leading fintech company, today announced it is set to surpass its ambitious goal of deploying 8,000 Bitcoin ATMs a few months ahead of schedule, having already secured contracts for over 8,000 locations.

Key Points: 
  • ATLANTA, April 02, 2024 (GLOBE NEWSWIRE) -- Bitcoin Depot Inc. (“Bitcoin Depot” or the “Company”) (NASDAQ: BTM), a U.S.-based Bitcoin ATM (“BTM”) operator and leading fintech company, today announced it is set to surpass its ambitious goal of deploying 8,000 Bitcoin ATMs a few months ahead of schedule, having already secured contracts for over 8,000 locations.
  • Now, with over 8,000 locations signed, Bitcoin Depot just needs to install enough incremental Bitcoin ATMs to reach the previously announced goal of 8,000.
  • In January and February of 2024 Bitcoin Depot signed over 1,600 total new locations to receive its Bitcoin ATMs.
  • In early 2022, Bitcoin Depot took over the #1 market share position to become the largest BTM operator in North America.

Bitcoin Depot Expands into Puerto Rico with Nearly 100 BTM Locations Signed

Retrieved on: 
Tuesday, March 26, 2024
Investment, BTM, Bitcoin ATM, Cryptocurrency

ATLANTA, March 26, 2024 (GLOBE NEWSWIRE) -- Bitcoin Depot (NASDAQ: BTM), a U.S.-based Bitcoin ATM (“BTM”) operator and leading fintech company, plans to install its BTM machines in 87 retail locations in Puerto Rico that have been signed on the Company's location agreements to receive BTMs.

Key Points: 
  • ATLANTA, March 26, 2024 (GLOBE NEWSWIRE) -- Bitcoin Depot (NASDAQ: BTM), a U.S.-based Bitcoin ATM (“BTM”) operator and leading fintech company, plans to install its BTM machines in 87 retail locations in Puerto Rico that have been signed on the Company's location agreements to receive BTMs.
  • Bitcoin Depot currently has 40 kiosks that have arrived in Puerto Rico and are already being prepared for installation.
  • “This geographical expansion will introduce our Bitcoin ATMs to a totally new market with low competition,” said Bitcoin Depot CEO Brandon Mintz.
  • “According to Coinatmradar.com, there are only roughly 45 existing Bitcoin ATMs in Puerto Rico.

Bitcoin Depot Reports Fourth Quarter and Full Year 2023 Financial Results

Retrieved on: 
Monday, March 25, 2024
Fastlane, Growth, FY, Partnership, Webcast, Sale, BTM, Bitcoin ATM, Software, Adjustment, GSR, Cryptocurrency

Gross Profit in the fourth quarter of 2023 was $17.9 million, up 23% from $14.6 million for the fourth quarter of 2022.

Key Points: 
  • Gross Profit in the fourth quarter of 2023 was $17.9 million, up 23% from $14.6 million for the fourth quarter of 2022.
  • Gross Profit margin in the fourth quarter of 2023 was 12.1% compared to 9.8% in the fourth quarter of 2022.
  • Total operating expenses were $17.0 million for the fourth quarter of 2023, compared to $14.8 million for the fourth quarter of 2022.
  • Net loss for the fourth quarter of 2023 was $1.5 million, compared to a net loss of $0.5 million for the fourth quarter of 2022.

Bitcoin Depot Announces Sale of 50 New BTM Kiosks to Sopris Capital Through Franchise Program

Retrieved on: 
Tuesday, March 12, 2024
Investment, Sale, BTM, Bitcoin ATM, Cryptocurrency

ATLANTA, March 12, 2024 (GLOBE NEWSWIRE) -- Bitcoin Depot (“Bitcoin Depot” or the “Company”) (NASDAQ: BTM), a U.S.-based Bitcoin ATM (“BTM”) operator and leading fintech company, today announced the sale of 50 new BTM kiosks to Sopris Capital , a 20-year-old multi-strategy investment firm, as part of the Company’s franchise program .

Key Points: 
  • ATLANTA, March 12, 2024 (GLOBE NEWSWIRE) -- Bitcoin Depot (“Bitcoin Depot” or the “Company”) (NASDAQ: BTM), a U.S.-based Bitcoin ATM (“BTM”) operator and leading fintech company, today announced the sale of 50 new BTM kiosks to Sopris Capital , a 20-year-old multi-strategy investment firm, as part of the Company’s franchise program .
  • Bitcoin Depot will strategically deploy and operate the new kiosks on behalf of Sopris Capital across Canada.
  • Bitcoin Depot launched its franchise program in 2023 to provide additional deployment opportunities to qualified partners as part of its North American expansion strategy.
  • Through the franchise program, Bitcoin Depot has already added more than 100 additional BTM kiosk locations.

Bitcoin Depot Completes Purchase of Roughly 400 Additional Bitcoin ATMs for Q1 2024 Expansion

Retrieved on: 
Tuesday, February 13, 2024
Investment, News, BTM, History, Bitcoin ATM, Cryptocurrency

ATLANTA, Feb. 13, 2024 (GLOBE NEWSWIRE) -- Bitcoin Depot (“Bitcoin Depot” or the “Company”) (NASDAQ: BTM), a U.S.-based Bitcoin ATM (“BTM”) operator and leading fintech company, today announced the completion of a purchase of roughly 400 additional Bitcoin ATM kiosks, which the Company plans to deploy by the end of Q1 2024.

Key Points: 
  • ATLANTA, Feb. 13, 2024 (GLOBE NEWSWIRE) -- Bitcoin Depot (“Bitcoin Depot” or the “Company”) (NASDAQ: BTM), a U.S.-based Bitcoin ATM (“BTM”) operator and leading fintech company, today announced the completion of a purchase of roughly 400 additional Bitcoin ATM kiosks, which the Company plans to deploy by the end of Q1 2024.
  • To date, in 2024, Bitcoin Depot has committed to a total purchase of 900 kiosks between this purchase of 400 kiosks, and the previously announced 500 kiosk order.
  • Bitcoin Depot intends to have the largest installed fleet of Bitcoin ATMs in its history, with roughly 8,000 kiosks installed by the end of 2024.
  • “We plan to expand aggressively in kiosk count in 2024 to attempt gain significant market share,” said Bitcoin Depot CEO Brandon Mintz.

Bitcoin ATM Operator Bitcoin Depot Announces Expansion Deal with Large Convenience Store Operator

Retrieved on: 
Wednesday, February 7, 2024
Partnership, Bitcoin ATM, BTM, Cryptocurrency

ATLANTA, Feb. 07, 2024 (GLOBE NEWSWIRE) -- Bitcoin Depot Inc. (“Bitcoin Depot” or the “Company”) (NASDAQ: BTM), a U.S.-based Bitcoin ATM operator and leading fintech company, today announced a retail partnership with a leading operator of convenience stores in the U.S.

Key Points: 
  • ATLANTA, Feb. 07, 2024 (GLOBE NEWSWIRE) -- Bitcoin Depot Inc. (“Bitcoin Depot” or the “Company”) (NASDAQ: BTM), a U.S.-based Bitcoin ATM operator and leading fintech company, today announced a retail partnership with a leading operator of convenience stores in the U.S.
    Bitcoin Depot plans to install its BTMs in an additional 63 stores across multiple metropolitan areas, strengthening Bitcoin Depot’s retail footprint.
  • “This expansion aligns with our commitment to bringing Bitcoin to the masses,” said Bitcoin Depot CEO Brandon Mintz.
  • This expansion allows Bitcoin Depot customers to purchase Bitcoin in easy and accessible c-store locations across the South where a variety of additional amenities are available.
  • In addition to Bitcoin ATMs, Bitcoin Depot also has BDCheckout enabled for customers to fund their wallets with cash at participating retail locations in 28 states nationwide.

Bitcoin Depot Places Order for 500 New BTM Kiosks from Kiosk Provider Genmega

Retrieved on: 
Monday, January 22, 2024
BTM, ATM, Investment, Bitcoin ATM, News, Cryptocurrency

ATLANTA, Jan. 22, 2024 (GLOBE NEWSWIRE) -- Bitcoin Depot (“Bitcoin Depot” or the “Company”) (NASDAQ: BTM), a U.S.-based Bitcoin ATM (“BTM”) operator and leading fintech company, today announced the purchase order of 500 new Bitcoin ATM kiosks from Genmega , a leading manufacturer and provider of ATM and Kiosk solutions with well over 150,000 units deployed worldwide.

Key Points: 
  • ATLANTA, Jan. 22, 2024 (GLOBE NEWSWIRE) -- Bitcoin Depot (“Bitcoin Depot” or the “Company”) (NASDAQ: BTM), a U.S.-based Bitcoin ATM (“BTM”) operator and leading fintech company, today announced the purchase order of 500 new Bitcoin ATM kiosks from Genmega , a leading manufacturer and provider of ATM and Kiosk solutions with well over 150,000 units deployed worldwide.
  • The Company plans to strategically deploy these units as part of its ongoing expansion efforts throughout 2024 and beyond.
  • “The purchase order for these kiosks is significant as it demonstrates our ongoing commitment to a bold, strategic, and measured expansion this year,” said Bitcoin Depot CEO Brandon Mintz.
  • Bitcoin Depot and its leadership have since been recognized and celebrated for the Company’s industry-leading growth in Forbes 30 Under 30 , Deloitte’s 2023 Technology Fast 500 , and, most recently, the 2023 Inc. 5000 .