Bitcoin Depot Inc. (BTM) has seen revenue growth driven by BTM Kiosks, accounting for 99.7% of total revenues in Q1 2025. With 8,463 kiosks installed across the US, Canada, and Puerto Rico, the company acquired Pelicoin, LLC assets to expand in the Gulf South region. They hold over 100 Bitcoins in their treasury and aim to expand partnerships for higher transaction volumes and revenue.

Bitcoin Depot’s peers like Coinbase Global Inc. (COIN) and BTCS, Inc. (BTCS) are also benefiting from cryptocurrency trends. Deregulation in crypto policies is expected to reduce compliance burdens for companies like Bitcoin Depot, Coinbase, and BTCS.

Bitcoin Depot shares have surged 228.4% this year, outperforming the S&P 500. BTM trades at a forward P/E ratio of 10.98X, below the industry average. Earnings estimates show a 176.7% increase in 2025 and 10.3% growth in 2026.

Bitcoin Depot (BTM) currently holds a Zacks Rank #3 (Hold) and is poised for growth in the cryptocurrency market alongside peers like Coinbase and BTCS. The company’s valuation, earnings estimates, and performance indicate a positive outlook for the future.

Read more at Nasdaq: Bitcoin Depot Rides on Kiosk Expansion: Bullish on Bitcoin Potential?