比特币（BTC）去年可能已经高于100000美元的飙升，但并非所有以比特币为中心的企业都受益于价格行动

比特币仓库（BTM）去年可能已经飙升至100000美元，但并非所有以比特币为中心的企业受益于价格行动。

Bitcoin (BTC) may have soared above the $100,000 mark last year, but not all bitcoin-centric businesses benefitted from the price action.

去年比特币（BTC）可能已经超过了100,000美元的飙升，但并非所有以比特币为中心的企业都受益于价格行动。

Bitcoin Depot (BTM) (NYSE:BTM) saw a loss in revenue from $150 million in the fourth quarter of 2022 to $137 million in the fourth quarter of 2024. The lower transaction volume was mainly due to changes in regulations in the state of California, the company said.

该公司表示，比特币仓库（BTM）（NYSE：BTM）的收入从2022年第四季度的1.5亿美元损失到2024年第四季度的1.37亿美元。较低的交易量主要是由于加利福尼亚州法规的变化。

Moreover, bitcoin's price action has historically not impacted Bitcoin Depot's cash flow, said Brandon Mintz, president and CEO of the firm.

此外，该公司总裁兼首席执行官布兰登·明兹（Brandon Mintz）表示，比特币的价格行动历史上没有影响比特币仓库的现金流。

"Even when we saw that crash in 2022, transaction volumes were still growing," Mintz said.

Mintz说：“即使我们在2022年看到崩溃，交易量仍在增长。”

Bitcoin Depot's stock has decreased by roughly 85% since it began trading on the Nasdaq after its merger with a special purpose acquisition company (SPAC) in 2023. The company's market capitalization is $82 million.

自2023年与特殊目的收购公司（SPAC）合并后，比特币仓库的股票开始在纳斯达克股票上下降约85％。该公司的市值为8200万美元。

The company also discussed the possibility of spot bitcoin exchange-traded funds, which launched in the U.S. in January 2024, siphoning some of the firm's flows.

该公司还讨论了2024年1月在美国推出的现货比特币交易所交易资金的可能性，从而使公司的一些流动驱逐出去。

"Historically, our business is not directly tied to bitcoin price or investment vehicles like ETFs," a spokesperson said in an emailed statement. "We haven’t seen evidence that ETFs have impacted our transaction volumes."

一位发言人在一封电子邮件声明中说：“从历史上看，我们的业务与比特币价格或像ETF这样的投资工具没有直接相关。” “我们还没有看到证据表明ETF影响了我们的交易量。”

Bitcoin Depot serves unbanked Americans, as well as people who prefer to transact in cash, such as older adults who aren't familiar with online payment options, and crypto users who find giving cash for bitcoin more convenient, said Mintz.

Mintz说，比特币仓库为没有账户的美国人服务，以及喜欢以现金交易的人，例如不熟悉在线付款方式的老年人，以及发现为比特币提供现金更方便的加密用户。

"It’s a niche customer segment that we're focused on," he said.

他说：“这是我们关注的利基客户细分市场。”

Bitcoin Depot purchases the ATM kiosk from another company, but provides the machine's Bitcoin software. The price for a new machine ranges from $5,000 to $7,000, and it takes about a year for the company to recover the cost of a machine once it's installed.

比特币仓库从另一家公司购买ATM亭，但提供了机器的比特币软件。一台新机器的价格从5,000美元到7,000美元不等，一旦安装机器，该公司就需要一年。

The ATMs only sell bitcoin.

自动取款金仅出售比特币。

"We used to offer other cryptocurrencies, but when we went public the SEC was suing a lot of companies for selling other types of cryptos that the SEC claimed were potentially securities, so we decided to go Bitcoin only and avoid that risk," Mintz said. "We believe it was a smart choice, because we're attracting people that aren't very sophisticated traders — this is a very beginner-friendly product."

Mintz说：“我们曾经提供其他加密货币，但是当我们上市时，SEC正在起诉许多公司出售SEC声称可能是证券的其他类型的加密货币，因此我们决定只采用比特币并避免这种风险。” “我们认为这是一个明智的选择，因为我们正在吸引那些不是很精致的商人的人 - 这是一种非常友好的产品。”

Bitcoin Depot has seen nearly $3 billion in transaction volume since its inception in 2016, the company's recent investor presentation shows. While the company is mostly focused on North America, Mintz said they may expand internationally.

该公司最近的投资者演讲显示，比特币仓库自2016年成立以来已有近30亿美元的交易量。虽然该公司主要专注于北美，但明茨表示，他们可能会在国际上进行扩展。

CORRECTION: (March 24, 2025, 20:35 UTC): Fixed BTM's market capitalization.

更正：（ 2025，20：35 UTC）：修复了BTM的市值。

CORRECTION: (March 24, 2025, 23:56 UTC): While Bitcoin Depot is looking into expanding internationally, it is not doing so because of market saturation.

更正：（ 2025，23：56 UTC）：虽然比特币仓库正在考虑扩大国际，但由于市场饱和而没有这样做。