BTMCQ (Bitcoin Depot) Shares Outstanding (EOP): 10.4 Mil (As of Dec. 2025)


BTMCQ Bitcoin Depot Inc BTMCQ
40 GF Score
Price $0.13
GF Value $3.18
Valuation Possible Value Trap
! 1 Warning Sign
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What is Bitcoin Depot Shares Outstanding (EOP)?

Bitcoin Depot BTMCQ 40 Shares Outstanding (EOP) is 10.4 Mil as of Dec. 2025. GuruFocus rates BTMCQ with a GF Score™ of 40/100 and a GF Value™ of $3.18 (Possible Value Trap). The stock has 1 warning sign investors should review.

Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. Bitcoin Depot's shares outstanding for the quarter that ended in Dec. 2025 was 10.4 Mil.

Bitcoin Depot's quarterly shares outstanding increased from Sep. 2025 (9.8 Mil) to Dec. 2025 (10.4 Mil). It means Bitcoin Depot issued new shares from Sep. 2025 to Dec. 2025 .

Bitcoin Depot's annual shares outstanding increased from Dec. 2024 (4.5 Mil) to Dec. 2025 (10.4 Mil). It means Bitcoin Depot issued new shares from Dec. 2024 to Dec. 2025 .


Bitcoin Depot  (OTCPK:BTMCQ) Shares Outstanding (EOP) Explanation

A company may buy back shares or issue shares in any fiscal period. If a company buys back shares, we should observe that the total number of shares decline. If the company issues new shares, the number of shares outstanding increases.

Usually the presence of treasury shares and a history of buyback are good indicators that company has competitive advantage. But studies have shown that companies usually buy back at wrong time. Buying back shares below its intrinsic value increases value for remaining shareholders. Buying back overvalued shares destroys value for existing shareholders.


Be Aware

Warren Buffett looks for consistency and upward long term trend. Because of share repurchase it is possible for net earnings trend to differ from EPS trend. He preferred net income over EPS. The companies with durable competitive advantage companies report higher % net earnings to total revenues.

Important: If a company is showing net earnings history greater than 20% on total revenues, it is probably benefiting from a long term competitive advantage.

If net earnings is less than 10%, likely to be in a highly competitive business.


Bitcoin Depot Shares Outstanding (EOP) Related Terms


Bitcoin Depot Shares Outstanding (EOP) Historical Data

* Premium members only.

The historical data trend for Bitcoin Depot's Shares Outstanding (EOP) can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Bitcoin Depot Shares Outstanding (EOP) Chart

Bitcoin Depot Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Shares Outstanding (EOP)
Get a 7-Day Free Trial 1.77 1.77 1.93 4.46 10.43

Bitcoin Depot Quarterly Data
Dec20 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25
Shares Outstanding (EOP) Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 4.46 3.22 9.49 9.79 10.43

BTMCQ vs MWAI, BEGI, MNTR: Shares Outstanding (EOP) Comparison

For the Capital Markets subindustry, Bitcoin Depot's Shares Outstanding (EOP), along with its competitors' market caps and Shares Outstanding (EOP) data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Bitcoin Depot Shares Outstanding (EOP) vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Bitcoin Depot's Shares Outstanding (EOP) distribution charts can be found below:

* The bar in red indicates where Bitcoin Depot's Shares Outstanding (EOP) falls into.


BTMCQ
40GF Score
Bitcoin Depot Inc BTMCQ
Shares Outstanding (EOP) is just one metric. See GF Score™, valuation, warning signs, and more.
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Bitcoin Depot Shares Outstanding (EOP) Calculation

Shares outstanding are shares that have been authorized, issued, and purchased by investors and are held by them. They have voting rights and represent ownership in the corporation by the person that holds the shares. They should be distinguished from treasury shares, which are shares held by the corporation itself, having no exercisable rights.

Shares outstanding can be calculated as either basic or fully diluted. The fully diluted shares outstanding count includes diluting securities, such as options, warrants or convertibles.

Please note: GuruFocus named Shares Outstanding (EOP) is the shares for that end of period. It is usually used to calculate balance sheet related items, such as Book Value per Share, etc. While Shares Outstanding (Diluted Average) and Shares Outstanding (Basic Average) are the weighted average shares over a period of time (a year, a quarter, or so). They are usually used to calculate income statement or cashflow statement related items, such as Earnings per Share (Diluted), etc.

What does a Shares Outstanding (EOP) of 10.4 Mil mean?
Bitcoin Depot (BTMCQ) has a Shares Outstanding (EOP) of 10.4 Mil as of Dec. 2025. The total shares a company has outstanding, at period-end. View historical data on Bitcoin Depot and its competitors.
Is Bitcoin Depot's Shares Outstanding (EOP) too high?
Bitcoin Depot's current Shares Outstanding (EOP) is 10.4 Mil. Overall, Bitcoin Depot has a GF Score™ of 40/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Bitcoin Depot's Shares Outstanding (EOP) compare to MWAI and BEGI?
Bitcoin Depot's Shares Outstanding (EOP) of 10.4 Mil can be compared against companies in the Capital Markets industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Shares Outstanding (EOP) for a Capital Markets company?
A good Shares Outstanding (EOP) depends on the Capital Markets industry context. However, Shares Outstanding (EOP) should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Shares Outstanding (EOP) mean?
A high Shares Outstanding (EOP) can signal that a stock is expensive relative to its fundamentals. The total shares a company has outstanding, at period-end. View historical data on Bitcoin Depot and its competitors. Bitcoin Depot's current Shares Outstanding (EOP) is 10.4 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bitcoin Depot stock overvalued right now?
Based on GuruFocus' analysis, Bitcoin Depot (BTMCQ) is currently considered Possible Value Trap. The stock's GF Value™ is $3.18, compared to a current price of $0.13 — trading 96% below its estimated fair value. The current Shares Outstanding (EOP) is 10.4 Mil. Bitcoin Depot's overall GF Score™ is 40/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Shares Outstanding (EOP) calculated?
Shares Outstanding (EOP) is calculated from a company's financial statements. For Bitcoin Depot (BTMCQ), the current Shares Outstanding (EOP) is 10.4 Mil as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Bitcoin Depot (BTMCQ) Overvalued in 2026?

Based on GuruFocus' analysis, Bitcoin Depot stock appears to be undervalued. The current stock price of $0.13 is trading 96% below its estimated GF Value™ of $3.18. GuruFocus considers Bitcoin Depot to be Possible Value Trap.

Key valuation signals for BTMCQ:

  • Shares Outstanding (EOP): 10.4 Mil
  • GF Value™: $3.18 vs. price of $0.13 (96% below fair value)
  • GF Score™: 40/100 with 1 warning sign

No single metric tells the full story. See the BTMCQ stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Bitcoin Depot Business Description

Address 8601 Dunwoody Place, Suite 750, Sandy Springs, GA, USA, 30350
Bitcoin Depot Inc owns and operates the widest network of BTMs across North America where customers can buy and sell Bitcoin. Bitcoin Depot helps power the digital economy for users of cash. It has locations across the U.S. and Canada at, among others, the following types of retailers: Convenience Stores and Gas Station Chains, Pharmacies and Grocers and Mall Operators.
40GF Score

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Shares Outstanding (EOP) is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$0.13
Price
$3.18
GF Value