Bitcoin Depot expands with 50 new Canadian BTM kiosks By Investing.com

From “Investing.com”:

Bitcoin Depot Inc. (NASDAQ: BTM) partners with Sopris Capital to deploy 50 new Bitcoin ATMs in Canada, expanding North American presence. Franchise program adds 100+ BTM locations. CEO Brandon Mintz aims for largest fleet of BTMs by year-end. Services cater to seamless cash-to-Bitcoin transactions for payments, remittances, online purchases, and investments.

Investors watch Bitcoin Depot’s financial health and stock performance as it continues expansion. Market cap stands at $142.81 million. Stock volatility noted, with weak gross profit margins at 13.68%. Revenue grows by 6.32% in the last twelve months, reaching $690.22 million. Stock price decreased by -75.71% in the past year, offering potential value investing opportunity.

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