Bitcoin Depot Inc. (NASDAQ:BTMWW – Get Free Report) was the recipient of a large growth in short interest during the month of March. As of March 31st, there was short interest totaling 33,454 shares, a growth of 22.7% from the March 15th total of 27,267 shares. Based on an average daily volume of 105,711 shares, the days-to-cover ratio is currently 0.3 days.
Bitcoin Depot Price Performance
BTMWW traded up $0.00 on Thursday, hitting $0.03. 232,932 shares of the company were exchanged, compared to its average volume of 194,443. Bitcoin Depot has a 12 month low of $0.02 and a 12 month high of $0.75. The firm has a fifty day simple moving average of $0.04 and a two-hundred day simple moving average of $0.13.
Bitcoin Depot Company Profile
Bitcoin Depot, Inc (NASDAQ: BTMWW) operates one of the largest cryptocurrency ATM networks in the United States, providing self-service kiosks where consumers can buy and sell major digital assets. The company’s machines support transactions in Bitcoin, Ethereum, Litecoin and Bitcoin Cash, enabling users to access cryptocurrency markets without requiring a traditional exchange account. Transactions can be completed in minutes, and many kiosks are co-located in retail convenience stores, pharmacies and shopping centers to maximize accessibility.
Since its founding in 2016, Bitcoin Depot has grown through a combination of organic deployment and strategic partnerships with retail operators.
Featured Articles
Receive News & Ratings for Bitcoin Depot Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Bitcoin Depot and related companies with MarketBeat.com's FREE daily email newsletter.
