Bitcoin Depot Inc. (NASDAQ:BTMWW – Get Free Report) saw a significant decline in short interest in January. As of January 30th, there was short interest totaling 53,792 shares, a decline of 15.2% from the January 15th total of 63,407 shares. Based on an average daily trading volume, of 251,786 shares, the short-interest ratio is currently 0.2 days. Based on an average daily trading volume, of 251,786 shares, the short-interest ratio is currently 0.2 days.
Bitcoin Depot Price Performance
BTMWW opened at $0.07 on Monday. Bitcoin Depot has a 52-week low of $0.02 and a 52-week high of $0.75. The business’s fifty day moving average is $0.10 and its 200-day moving average is $0.21.
About Bitcoin Depot
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.
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