Osprey Bitcoin Trust replaces Grant Thornton with Cherry Bekaert as auditor after internal control weakness flagged
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- Osprey Bitcoin Trust dismissed Grant Thornton as independent auditor, effective June 16, 2026.
- Filing flagged a material weakness in internal controls tied to ineffective oversight of the administrator process.
- The weakness drove an audit adjustment to the 2025 financial statements, though no material misstatements were identified.
- Remediation efforts were ongoing as of March 31, 2026.
- Cherry Bekaert was engaged as new independent auditor for the year ending Dec. 31, 2026, effective June 17, 2026.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Osprey Bitcoin Trust published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001493152-26-029608), on June 22, 2026, and is solely responsible for the information contained therein.
