The largest ATM operator in the United States, Bitcoin Depot, reported a profit of $12.2 million in the first quarter of 2025 (a year ago there was a loss of $4.2 million).
Key figures:
- Revenue: +19%
- BTC reserves on the balance sheet: $7.8 million
- Crypto ATMs: >8400 already installed, +3000 more planned in New York
Company shares (BTM):
Up +20% to $2.04
Success factors:
- Growing interest in cryptocurrencies
- Network expansion and investment in BTC
- A new strategy for accumulating the flagship cryptocurrency from 2024
