Bithumb has announced a delay in its initial public offering (IPO) plans, now targeting 2028 instead of the previously anticipated late 2025. The company is currently focusing on refining its accounting policies, internal controls, and review processes. To aid in these preparations, Bithumb has signed an advisory agreement with Samjong KPMG, effective until 2027. Despite achieving a revenue of approximately 651 billion Korean won (around $430 million) in 2025 and holding a market share exceeding 30%, Bithumb's IPO timeline has been affected by internal issues and regulatory pressures. These factors have contributed to the decision to extend the IPO timeline by three years.