American Bitcoin Corp. Appoints KPMG as New Independent Auditor for Its Operations

Introduction

American Bitcoin Corp., recognized as a significant player in the realm of Bitcoin accumulation, has recently made a critical move by appointing KPMG LLP as its new independent auditors. This strategic decision aims to bolster the company's financial integrity as it focuses on expanding its operations in the cryptocurrency landscape.

Announcement Details

On September 25, 2025, American Bitcoin made the announcement regarding the appointment of KPMG, effective as of September 19, 2025. The Board of Directors’ Audit Committee was instrumental in approving KPMG to serve as the public registered accounting firm for the fiscal year ending December 31, 2025. This transition underscores the company's commitment to maintaining a robust financial framework and transparency for its stakeholders.

KPMG, a global leader in audit and advisory services, replaces RBSM LLP, and the company has expressed gratitude for RBSM's prior services. The change reflects a significant step in ensuring that American Bitcoin meets the rigorous financial reporting standards essential in the ever-evolving cryptocurrency market.

About American Bitcoin Corp.

Founded with the vision of enhancing America’s Bitcoin infrastructure, American Bitcoin Corp. operates under a unique business model that integrates large-scale self-mining operations with disciplined accumulation strategies. This operational framework allows American Bitcoin to offer an institutional-grade exposure to Bitcoin, making it a compelling choice for investors looking to capitalize on cryptocurrency trends.

American Bitcoin is a majority-owned subsidiary of Hut 8 Corp., a well-regarded entity in the cryptocurrency sector. By leveraging Hut 8's extensive resources and expertise, American Bitcoin is poised to further strengthen its position in the marketplace.

The Importance of Independent Auditing

The appointment of an independent auditor like KPMG is crucial, especially in a domain as dynamic and sometimes volatile as cryptocurrency. Independent audits provide validation of a company's financial statements, helping to instill confidence in investors, regulators, and the market at large. As businesses navigate the complexities of regulations around cryptocurrencies, having a reputable firm like KPMG ensures accountability and adherence to financial standards.

This move also marks part of American Bitcoin's broader strategy to enhance its governance structures. As they continue to scale their operations, the financial practices they implement through KPMG will establish a solid foundation for future growth.

Future Prospects

As the appointment of KPMG rolls into full effect, all eyes will be on American Bitcoin as it furthers its commitment to transparency and growth. The company’s unique combination of self-mining operations and alternative strategies positions it well to seize opportunities in the evolving Bitcoin market. This strategic hire is expected to yield positive outcomes in financial management and investor relations.

American Bitcoin has been effective at navigating the market's demand for reliable cryptocurrency services, and with KPMG’s support, the company aims to further build upon its reputation as a leader in Bitcoin accumulation. Future disclosures and performance reports will likely reflect the positive impact of this appointment, which may attract more institutional investors while enhancing trust within the cryptocurrency community.

Conclusion

American Bitcoin Corp.'s selection of KPMG as its independent auditor signifies not only an enhancement in financial oversight but also a strategic move towards establishing the company as a trusted name in the Bitcoin investing community. By combining KPMG's auditing expertise with its own innovative business model, American Bitcoin is well-equipped to tackle future challenges and capitalize on growth opportunities in the cryptocurrency market.
For more information about their services and strategies, visit abtc.com and follow them on social media platforms like X and Instagram at @ABTC.