Bitcoin Depot, a United States-based Bitcoin ATM operator, has reported its best-ever revenue numbers in the second quarter of 2023. The company’s Q2 results showed a record-breaking $197.5 million in quarterly revenue, marking an 18% increase from the same period in 2022. Bitcoin Depot’s net loss was down by 249% year-over-year, and its gross profit margin rose from 8% to 13%. With its recent listing on the Nasdaq and plans to expand its footprint, the company is poised for further growth.
Exclusive Access: Unlock Premium, Confidential Insights
Unlock This Exclusive Content—Subscribe Instantly!
Login if you have purchased
