Osprey Bitcoin Trust (OBTC): auditor change — Osprey Bitcoin Trust replaces auditor Grant Thornton with Cherry Bekaert; material weakness still not remediated

Osprey Bitcoin Trust

Dismissed Grant Thornton LLP as independent auditor effective June 16, 2026; no adverse audit opinions in prior two fiscal years.
Engaged Cherry Bekaert LLP as new independent registered public accounting firm effective June 17, 2026 for FY 2026.
Material weakness in internal control over oversight of administrator process led to audit adjustment for FY 2025, but no misstatements.
Material weakness not fully remediated as of March 31, 2026; remediation efforts continue.
No disagreements or reportable events other than the existing material weakness.

item 4.01 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Auditor Changes SEC 8-K Item 4.01/4.02 confidence 0.9

Osprey Bitcoin Trust engaged Cherry Bekaert LLP as its auditor.

Action: engagement
Auditor: Cherry Bekaert LLP

Exact text from the filing

On June 17, 2026, Sponsor approved the engagement of Cherry Bekaert LLP (“Cherry Bekaert”) to serve as the Trust’s new independent registered public accounting firm for the fiscal year ending December 31, 2026, effective immediately (the “Engagement Date”).

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Auditor Changes SEC 8-K Item 4.01/4.02 confidence 0.9

Osprey Bitcoin Trust dismissed Grant Thornton LLP as its auditor.

Action: dismissal
Auditor: Grant Thornton LLP

Exact text from the filing

On June 16, 2026, Osprey Funds, LLC, as sponsor (the “Sponsor”) of Osprey Bitcoin Trust (the “Trust”) approved the dismissal of Grant Thornton LLP (“GT”) as the Trust’s independent registered public accounting firm, effective as of such date (the “Dismissal Date”).

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Source: SEC EDGAR

accession 0001493152-26-029608

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