Bitcoin Bancorp Hires PCAOB-Registered Auditor, Paving Way for SEC Reporting and Nasdaq Uplisting

Bitcoin Bancorp, Inc. (OTC: BCBC), a holder of foundational patents for Bitcoin ATMs and one of only three publicly traded Bitcoin ATM network owner/operators, announced today that it has engaged a PCAOB-registered independent public accounting firm to audit the Company’s financial statements. The engagement marks a significant milestone in the Company’s efforts to strengthen corporate governance, improve financial transparency, and advance its preparation for potential uplisting to higher-tier public markets, including the OTCQB and ultimately the Nasdaq Stock Market.

The audits will be conducted in accordance with standards established by the Public Company Accounting Oversight Board (PCAOB) and will cover the Company’s financial reporting periods. This initiative is intended to support Bitcoin Bancorp’s transition toward SEC reporting readiness and alignment with national exchange compliance standards. The Company previously announced its ownership of foundational intellectual property related to Bitcoin ATMs through its wholly owned subsidiary First Bitcoin Capital LLC, including U.S. Patent Nos. US9135787B1 and US10332205B1.

“We are excited to begin working with a PCAOB-registered auditor as we continue strengthening our financial reporting infrastructure and positioning Bitcoin Bancorp for its next phase of growth,” said Eric Noveshen of Bitcoin Bancorp. “This milestone reflects continued progress in the Company’s operational and corporate development initiatives. Completion of the audit process is expected to improve transparency and broaden visibility among investors and market participants as the Company evaluates future growth opportunities.”

Bitcoin Bancorp, headquartered in Las Vegas, Nevada, is a diversified digital asset infrastructure and Banking-as-a-Service (BaaS) company. The Company focuses on expanding secure retail access to cryptocurrency and next-generation financial services through licensed Bitcoin ATM networks, blockchain technologies, and Web 3.0–enabled platforms. Bitcoin Bancorp owns Bitcoin ATMs that are operated by licensed third-party operators within compliant jurisdictions, forming a growing network of retail access points for digital assets across convenience-store and retail environments.

The engagement of a PCAOB-registered auditor is a critical step for any company seeking to uplist to a national exchange like Nasdaq, as it requires audited financial statements prepared in accordance with U.S. GAAP and PCAOB standards. For Bitcoin Bancorp, this move signals a commitment to higher standards of financial reporting and corporate governance, which could attract a broader range of institutional investors and increase liquidity in its stock. The Company’s efforts come amid growing interest in digital asset infrastructure and the need for compliant, transparent operations in the cryptocurrency space.

Shareholders and potential investors can find more information about the Company’s progress and financial disclosures on its website at BitcoinBancorp.com and on OTC Markets at OTC Markets BCBC Overview. The Company also maintains a newsroom with updates at https://tinyurl.com/bcbcnewsroom.