CoinShares Valkyrie Bitcoin Fund Files 8-K

TL;DR

CoinShares Valkyrie Bitcoin Fund filed an 8-K on Oct 1st, reporting material agreements and financials.

AI Summary

CoinShares Valkyrie Bitcoin Fund, formerly Valkyrie Bitcoin Fund, filed an 8-K on October 1, 2024, reporting an entry into a material definitive agreement and financial statements. The company, incorporated in Delaware, is located in Brentwood, Tennessee, and its fiscal year ends on December 31st.

Why It Matters

This filing indicates significant corporate actions or financial reporting for the CoinShares Valkyrie Bitcoin Fund, which could impact investors in Bitcoin-related investment vehicles.

Risk Assessment

Risk Level: low — This is a routine filing reporting corporate actions and financial statements, not indicating immediate financial distress or significant new risks.

Key Numbers

• 001-41909 — SEC File Number (Identifies the fund's filing with the SEC)
• 86-6430837 — IRS Employer Identification No. (Tax identification for the fund)

Key Players & Entities

• CoinShares Valkyrie Bitcoin Fund (company) — Registrant
• Valkyrie Bitcoin Fund (company) — Former company name
• October 1, 2024 (date) — Date of earliest event reported
• Delaware (jurisdiction) — State of incorporation
• Brentwood, Tennessee (location) — Principal executive offices

FAQ

Filing Documents

• brrr-8k_100124.htm (8-K) — 23KB
• ex10-16.htm (EX-10.16) — 846KB
• ex1016001.jpg (GRAPHIC) — 3KB
• ex1016002.jpg (GRAPHIC) — 2KB
• 0001999371-24-012737.txt ( ) — 1139KB
• brrr-20241001.xsd (EX-101.SCH) — 3KB
• brrr-20241001_lab.xml (EX-101.LAB) — 33KB
• brrr-20241001_pre.xml (EX-101.PRE) — 22KB
• brrr-8k_100124_htm.xml (XML) — 4KB

01 Entry into a Material Definitive

Item 1.01 Entry into a Material Definitive Agreement On September 27, 2024, CoinShares Valkyrie Bitcoin Fund (the "Trust") and Komainu (Jersey) Limited ("Komainu"), a private limited company incorporated in Jersey, Channel Islands and regulated by the Jersey Financial Services Commission in the conduct of a fund services business pursuant to the Financial Services (Jersey) Law 1998, entered into a Custodial Services Agreement (the "Agreement"). Pursuant to the Agreement, Komainu will provide services related to custody and safekeeping of the Trust's bitcoin holdings. The Agreement requires the Trust to indemnify Komainu and certain of its affiliates and services providers against certain losses arising or related to the Trust's use of the services, breach of the Agreement or violation of applicable law. The Agreement commenced on September 27, 2024 and will continue for thirty-six (36) months, unless earlier terminated in accordance with the terms of the Agreement. After the initial term, the Agreement will automatically renew for successive twelve (12) month periods, unless either party notifies the other of its intention to terminate in accordance with the terms of the agreement. Komainu may terminate the Agreement for any reason upon providing at least three (3) months' written notice to the Trust, or immediately upon written notice to the Trust if: (i) Komainu determines, in its sole discretion, that continued provision of the custody services would result in violation of applicable law or regulation relating to either Komaniu or the Trust and the parties are unable to amend the relevant provisions of the Agreement in accordance with the terms of the agreement, (ii) a force majeure event, as defined in the Agreement, continues for at least forty-five (45) days, or (iii) the Trust does not utilize the custody services set forth in the Agreement for a period of twelve (12) months from the effective date of the agreement. The Sponsor will not cause the Trust to

01 Financial Statements and

Item 9.01 Financial Statements and Exhibits 10.16 Komainu Custodial Services Agreement

SIGNATURES

SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. Dated: October 1, 2024 CoinShares Valkyrie Bitcoin Fund CoinShares Co., as Sponsor of the CoinShares Valkyrie Bitcoin Fund By: /s/ Jean-Marie Mognetti Name: Jean-Marie Mognetti Title: Chief Executive Officer

View Full Filing

View this 8-K filing on SEC EDGAR