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encryptionATM operator Bitcoin Depot's third-quarter revenue was $135.3 million
Golden Finance reported that Bitcoin Depot, an encryption ATM manufacturer based in Atlanta, released financial data showing that the company's third-quarter revenue was $135 million, a 25% decrease from $179.5 million in the third quarter of 2023. The company also reported holding over $1.31 million in Crypto Assets. According to the company's website, Bitcoin Depot has approximately 16,700 locations in the United States, Canada, and Australia. In August 2022, Bitcoin Depot went public with a valuation of 885 million US dollars. The company's Class A common stock (stock code BTM) is traded on the Nasdaq. As of 4:22 PM Eastern Time on November 15, the valuation is 1.99 US dollars. Currently, its market capitalization is approximately 1.182 billion US dollars.