American cryptocurrency ATM manufacturer$BTC Bitcoin Depot has published financial results for the third quarter of 2024. According to the report, the company's revenue amounted to $135.3 million, which is 25% less than the same period in 2023, when this figure exceeded $179.5 million.
The company also holds cryptocurrency reserves worth more than $1.31 million. According to data from the company's official website, Bitcoin Depot services about 16,700 cryptocurrency ATMs around the world. Most of the devices are located in the United States, Canada, and Australia.
In August 2022, Bitcoin Depot went public with a valuation of $885 million. The shares of the cryptocurrency ATM manufacturer are traded on the American stock exchange NASDAQ under the ticker BTM and are valued at $1.99. Bitcoin Depot currently has a market cap of approximately $118.2 million.$PROS $NEIRO