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CFO 4.0 - The Future of Finance

158. The Road to IPO: A Bitcoin Depot Story with Scott Buchanan

Jan 2, 2024
41:19

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In this new episode of the CFO 4.0 podcast join Hannah Munro as she interviews Scott Buchanan, the COO of Bitcoin Depot, about their journey to becoming a publicly listed company. This episode delves into the intricacies and challenges of taking a company through the IPO process, especially in the dynamic field of cryptocurrency. 

Key points covered include:

  • Understanding the company's role as an operator of Bitcoin ATMs and its foundational history.
  • The insights into why Bitcoin Depot chose the IPO route and the specific path they took.
  • Discussing the changes in financial reporting and internal controls necessary for the transition from private to public.
  • Scott’s experiences with the SEC's regulations, particularly for a cryptocurrency company
  • The challenges and strategies in transitioning the team for public company requirements
  • Key insights and tips for businesses contemplating a similar path

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