Bitcoin Depot Inc. Class A Common Stock (BTM)

FairStock Score: 42/100 — MIXED

Key Financials

AI Analysis

AI-generated, general educational analysis — not personal investment advice.

As a value investor, I look first for durable earnings and a margin of safety. Bitcoin Depot runs bitcoin ATMs with 135 employees and operations in the U.S., Canada, Australia and Hong Kong. In fiscal 2025-Q4, revenue was $116.0M and net income was -$22.0M, a -18.95% net margin. The data's growth figures are negative: revenue -15.20% and profit -230.76%, though no period is stated. At the 2026-07-17 close of $0.08, FairStock's P/B is 0.03, P/E is -0.09, and FairStock score is 42/100. Debt-to-equity is 5.73, which is heavy for a company with losses. ROCE is 24.45%, but ROE is N/A and the Piotroski F-Score is 3/9, so I cannot call this a high-quality compounder. The moat is thin: bitcoin ATM locations can be copied, crypto demand is volatile, and regulation is unpredictable. The 52-week range of $0.08-$20.72 and beta of 3.13 show violent repricing. No CET1, NIM, or combined ratio are in the data, so bank-style credit and underwriting checks are impossible. A tiny price-to-book can be a bargain or a warning; here the losses and leverage make it look more like the latter until earnings stabilize. Mr. Market is offering a very low price, but not every low price is a margin of safety.

In plain English: Bitcoin Depot runs bitcoin machines in stores and online, mostly letting people buy and sell bitcoin. In its latest reported quarter it brought in $116.0M of revenue but lost $22.0M, and sales have been shrinking, so the business looks weak. The stock trades at 8 cents, which is very low compared with the value of its assets on paper, but that low price may just show investors see big problems.

The full AI analysis, bull and bear case and key monitorables are in FairStock Pro.

Data as of 2026-07-17 close · note generated 2026-10-15 · model deepseek-flash

Fundamentals from company filings and market-data providers; prices are end-of-day, not real-time. AI-generated analysis is general and educational — not personal investment advice. Scoring methodology · Score test · Disclaimer