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Cryptocurrency News Articles

Cryptocurrency company based out of Pennsylvania found a way to finish the week off on a good note

May 17, 2025 at 04:05 am

A cryptocurrency company based out of Pennsylvania found a way to finish the week off on a good note after it was recently announced that B. Riley raised the stock's price target

Cryptocurrency company based out of Pennsylvania found a way to finish the week off on a good note

A cryptocurrency company based out of Pennsylvania had a good week after it was recently announced that B. Riley has raised the stock’s price target from $4.70 to $5.50/share, maintaining their buy rating.

Seeing as the company closed at just $2.09 yesterday, it’s no wonder that traders rushed to get their hands on shares of Bitcoin Depot Inc Com (Nasdaq:BTM), pushing the small cap up to $2.87/share (+37.32%) at the early session high. This move is a strong continuation of the success this stock has had over the last few weeks.

Bitcoin Depot Inc. operates a multi-crypto currency automated teller machine (ATM) network, which provides users to buy and sell Bitcoin, Litecoin, and Ethereum, and bitcoin cash. Bitcoin Depot Inc. was incorporated in 1999 and is based in Atlanta, Georgia. Bitcoin Depot Inc. operates as a subsidiary of BT Assets.

Original source:theglobeandmail

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