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Bitcoin Depot Inc (BTM) rating initates by Northland Capital

Bitcoin Depot Inc’s recent filing unveils that its Chief Executive Officer Mintz Brandon Taylor unloaded Company’s shares for reported $75820.0 on Feb 03 ’25. In the deal valued at $1.52 per share,50,000 shares were sold. As a result of this transaction, Mintz Brandon Taylor now holds 34,280 shares worth roughly $41136.0.

Then, Buchanan Christopher Scott sold 5,000 shares, generating $7,582 in total proceeds. Upon selling the shares at $1.52, the Chief Operating Officer now owns 221,276 shares.

Before that, Buchanan Christopher Scott sold 5,000 shares. Bitcoin Depot Inc shares valued at $8,200 were divested by the Chief Operating Officer at a price of $1.64 per share. As a result of the transaction, Buchanan Christopher Scott now holds 226,276 shares, worth roughly $0.27 million.

Northland Capital initiated its Bitcoin Depot Inc [BTM] rating to a Market perform in a research note published on December 20, 2023; the price target was $3.50.

Price Performance Review of BTM

On Monday, Bitcoin Depot Inc [NASDAQ:BTM] saw its stock jump 9.09% to $1.20. Over the last five days, the stock has gained 0.84%. Bitcoin Depot Inc shares have fallen nearly -25.93% since the year began. Nevertheless, the stocks have fallen -51.81% over the past one year. While a 52-week high of $3.52 was reached on 01/21/25, a 52-week low of $0.93 was recorded on 02/27/25. SMA at 50 days reached $1.5252, while 200 days put it at $1.6768.

Levels Of Support And Resistance For BTM Stock

The 24-hour chart illustrates a support level at 1.1067, which if violated will result in even more drops to 1.0133. On the upside, there is a resistance level at 1.2567. A further resistance level may holdings at 1.3133. The Relative Strength Index (RSI) on the 14-day chart is 39.34, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at -0.1469, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 51.38%. Stochastics %K at 32.08% indicates the stock is a holding.

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