The audit engagement is intended to support SEC reporting readiness and the company's potential OTCQB and longer-term Nasdaq path.
What was announced
Bitcoin Bancorp announced the engagement of a PCAOB-registered independent public accounting firm to audit its financial statements.
The company said the engagement is intended to support SEC reporting readiness and its market-uplisting strategy, including a potential move to the OTCQB and a longer-term Nasdaq objective.
The audit initiative adds a financial-reporting and governance workstream alongside Bitcoin Bancorp's operating expansion in Bitcoin ATMs and digital-asset products.
Source
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