Bitcoin Depot Inc’s filing revealed that its Chief Operating Officer Buchanan Christopher Scott unloaded Company’s shares for reported $2211.0 on Mar 03 ’25. In the deal valued at $1.11 per share,2,000 shares were sold. As a result of this transaction, Buchanan Christopher Scott now holds 219,276 shares worth roughly $0.31 million.
Then, Mintz Brandon Taylor sold 50,000 shares, generating $75,820 in total proceeds. Upon selling the shares at $1.52, the Chief Executive Officer now owns 34,280 shares.
Before that, Buchanan Christopher Scott sold 5,000 shares. Bitcoin Depot Inc shares valued at $7,582 were divested by the Chief Operating Officer at a price of $1.52 per share. As a result of the transaction, Buchanan Christopher Scott now holds 221,276 shares, worth roughly $0.31 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 Tuesday, Bitcoin Depot Inc [NASDAQ:BTM] saw its stock jump 1.44% to $1.41. Over the last five days, the stock has gained 6.82%. Bitcoin Depot Inc shares have fallen nearly -12.96% since the year began. Nevertheless, the stocks have fallen -44.71% 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 $1.4428, while 200 days put it at $1.6437.
Levels Of Support And Resistance For BTM Stock
The 24-hour chart illustrates a support level at 1.2733, which if violated will result in even more drops to 1.1367. On the upside, there is a resistance level at 1.6033. A further resistance level may holdings at 1.7967. The Relative Strength Index (RSI) on the 14-day chart is 57.35, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 0.1193, which suggests price will go down in the next trading period. Percent R suggests that price movement has been low at 34.04%. Stochastics %K at 85.84% indicates the stock is a selling.
How much short interest is there in Bitcoin Depot Inc?
A steep rise in short interest was recorded in Bitcoin Depot Inc stocks on 2025-02-28, growing by 0.19 million shares to a total of 0.72 million shares. Yahoo Finance data shows the prior-month short interest on 2025-01-31 was 0.54 million shares. There was a rise of 25.73%, which implies that there is a positive sentiment for the stock.
