Financial Survey: Bitcoin Depot (NASDAQ:BTM) & BitFuFu (NASDAQ:FUFU)

BitFuFu (NASDAQ:FUFU) and Bitcoin Depot (NASDAQ:BTM) are both small-cap finance companies, but which is the better business? We will contrast the two businesses based on the strength of their valuation, dividends, analyst recommendations, risk, institutional ownership, profitability and earnings.

Analyst Recommendations

This is a breakdown of recent ratings for BitFuFu and Bitcoin Depot, as provided by MarketBeat.com.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
BitFuFu	0	0	1	0	3.00
Bitcoin Depot	0	1	2	1	3.00

BitFuFu currently has a consensus target price of $7.00, indicating a potential upside of 49.57%. Bitcoin Depot has a consensus target price of $3.67, indicating a potential upside of 110.73%. Given Bitcoin Depot’s higher possible upside, analysts clearly believe Bitcoin Depot is more favorable than BitFuFu.

Institutional and Insider Ownership

37.3% of BitFuFu shares are held by institutional investors. Comparatively, 9.2% of Bitcoin Depot shares are held by institutional investors. 35.0% of BitFuFu shares are held by insiders. Comparatively, 20.1% of Bitcoin Depot shares are held by insiders. Strong institutional ownership is an indication that large money managers, endowments and hedge funds believe a company is poised for long-term growth.

Volatility and Risk

BitFuFu has a beta of 0.12, meaning that its stock price is 88% less volatile than the S&P 500. Comparatively, Bitcoin Depot has a beta of -0.33, meaning that its stock price is 133% less volatile than the S&P 500.

Earnings & Valuation

This table compares BitFuFu and Bitcoin Depot”s gross revenue, earnings per share and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
BitFuFu	$284.11 million	2.69	$10.49 million	N/A	N/A
Bitcoin Depot	$629.50 million	0.17	-$26.10 million	($1.31)	-1.33

BitFuFu has higher earnings, but lower revenue than Bitcoin Depot.

Profitability

This table compares BitFuFu and Bitcoin Depot’s net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
BitFuFu	8.17%	40.15%	13.55%
Bitcoin Depot	-3.10%	-307.37%	-22.72%

Summary

BitFuFu beats Bitcoin Depot on 8 of the 12 factors compared between the two stocks.

About BitFuFu

BitFuFu Inc. provides digital asset mining and cloud-mining services in Singapore. It also offers miner rental, and miner hosting and sales services to institutional customers and individual digital asset enthusiasts. The company is based in Singapore, Singapore.

About Bitcoin Depot

Bitcoin Depot Inc. owns and operates a network of cryptocurrency kiosks in North America. Its customers can buy and sell bitcoin, litecoin, and ethereum cryptocurrencies using the BTM kiosk network and other services. The company also engages in the sale of cryptocurrency to consumers at a network of retail locations through its BDCheckout product offering, as well as its website through over-the-counter trade. The company is headquartered in Atlanta, Georgia. Bitcoin Depot Inc. is a subsidiary of BT Assets, Inc.