What is Bitcoin Depot Inc. worth?
With the base-case assumptions below, a discounted cash flow model on Bitcoin Depot Inc.'s reported free cash flow gives $50.29 per share. The share price was $0.02 on August 24, 2026, 100% below that value.
Inputs from the filings
Three sets of assumptions
| Case | Growth yrs 1-5 | Discount rate | Value per share | Value vs price |
|---|---|---|---|---|
| Bear | -6.5% | 10.0% | $32.28 | +161,282% |
| Base | -1.5% | 9.0% | $50.29 | +251,362% |
| Bull | 3.5% | 8.0% | $86.14 | +430,617% |
Sensitivity: base case value per share
| 1.5% | 2.0% | 2.5% | 3.0% | 3.5% | |
|---|---|---|---|---|---|
| 7.0% | $62.88 | $66.63 | $71.21 | $76.93 | $84.29 |
| 8.0% | $53.56 | $55.99 | $58.86 | $62.31 | $66.52 |
| 9.0% | $46.71 | $48.38 | $50.29 | $52.53 | $55.17 |
| 10.0% | $41.47 | $42.65 | $43.99 | $45.52 | $47.29 |
| 11.0% | $37.32 | $38.19 | $39.16 | $40.25 | $41.48 |
Where the presets come from
Base: years 1 to 5 grow at Bitcoin Depot Inc.'s revenue growth rate over the last 3 fiscal years (-1.7% a year), held between -5% and 15%. Years 6 to 10 grow halfway between that and the long-run rate of 2.5%. Future cash is discounted at 9% a year.
Bear: 5 points less growth, 2% long-run growth, 10% discount rate. Bull: 5 points more growth (at most 25%), 3% long-run growth, 8% discount rate.
Value per share = (present value of 10 years of free cash flow + present value of everything after + cash - debt) / diluted shares.
This is a model run on assumptions, not a recommendation or a price target. Small changes in the discount rate or growth move the result a lot, as the table above shows. Change them yourself in the calculator.
Adjust the assumptions
Move the sliders for growth, long-run growth and discount rate, or switch to average free cash flow, and see the value per share change.
Adjust the assumptions