Grayscale Bitcoin Mini Trust (BTC) Files S-1/A Amendment

TL;DR

Grayscale Bitcoin Mini Trust (BTC) filed an S-1/A. Updated info for investors.

AI Summary

Grayscale Bitcoin Mini Trust (BTC) filed an S-1/A amendment on May 8, 2024, to its registration statement. The filing, with registration number 333-277837, pertains to the trust's operations and is incorporated in Delaware. The principal executive offices are located at c/o Grayscale Investments, LLC in Stamford, CT.

Why It Matters

This amendment to the registration statement provides updated information for investors regarding the Grayscale Bitcoin Mini Trust, impacting potential investment decisions in Bitcoin-related financial products.

Risk Assessment

Risk Level: medium — The filing relates to a cryptocurrency trust, which inherently carries risks associated with digital asset volatility and regulatory uncertainty.

Key Numbers

• 333-277837 — SEC File Number (Identifies this specific registration statement with the SEC.)
• 20240508 — Filing Date (The date the amendment was officially submitted to the SEC.)

Key Players & Entities

• Grayscale Bitcoin Mini Trust (BTC) (company) — Registrant
• 333-277837 (dollar_amount) — SEC File Number
• May 8, 2024 (date) — Filing Date
• Grayscale Investments, LLC (company) — Administrator/Agent for Service
• Michael Sonnenshein (person) — Chief Executive Officer of Grayscale Investments, LLC

FAQ

From the Filing

0001193125-24-134383.txt : 20240508 0001193125-24-134383.hdr.sgml : 20240508 20240508172646 ACCESSION NUMBER: 0001193125-24-134383 CONFORMED SUBMISSION TYPE: S-1/A PUBLIC DOCUMENT COUNT: 19 FILED AS OF DATE: 20240508 DATE AS OF CHANGE: 20240508 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Grayscale Bitcoin Mini Trust (BTC) CENTRAL INDEX KEY: 0002015034 STANDARD INDUSTRIAL CLASSIFICATION: [6221] ORGANIZATION NAME: 09 Crypto Assets IRS NUMBER: 000000000 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: S-1/A SEC ACT: 1933 Act SEC FILE NUMBER: 333-277837 FILM NUMBER: 24927640 BUSINESS ADDRESS: STREET 1: C/O GRAYSCALE INVESTMENTS, LLC STREET 2: 290 HARBOR DRIVE, 4TH FLOOR CITY: STAMFORD STATE: CT ZIP: 06902 BUSINESS PHONE: (212) 668-1427 MAIL ADDRESS: STREET 1: C/O GRAYSCALE INVESTMENTS, LLC STREET 2: 290 HARBOR DRIVE, 4TH FLOOR CITY: STAMFORD STATE: CT ZIP: 06902 S-1/A 1 d785023ds1a.htm S-1/A S-1/A Table of Contents As filed with the Securities and Exchange Commission on May 8, 2024 Registration No. 333-277837 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Amendment No. 2 to FORM S-1 REGISTRATION STATEMENT UNDER THE SECURITIES ACT OF 1933 Grayscale Bitcoin Mini Trust (BTC) (Exact Name of Registrant as Specified in Its Charter) Delaware 6221 99-6383052 (State or Other Jurisdiction of Incorporation or Organization) (Primary Standard Industrial Classification Code Number) (I.R.S. Employer Identification Number) c/o Grayscale Investments, LLC 290 Harbor Drive, 4th Floor Stamford, Connecticut 06902 (212) 668-1427 (Address, Including Zip Code, and Telephone Number, Including Area Code, of Registrant’s Principal Executive Offices) Michael Sonnenshein Chief Executive Officer Grayscale Investments, LLC 290 Harbor Drive, 4th Floor Stamford, Connecticut 06902 (212) 668-1427 (Name, Address, Including Zip Code, and Telephone Number, Including Area Code, of Agent For Service) Copies to: Joseph A. Hall Dan Gibbons Davis Polk & Wardwell LLP 450 Lexington Avenue New York, New York 10017 (212) 450-4000 Approximate date of commencement of proposed sale to the public : As soon as practicable after the effective date of this Registration Statement. If any of the securities being registered on this form are to be offered on a delayed or continuous basis pursuant to Rule 415 under the Securities Act of 1933, check the following box. ☒ If this form is filed to register additional securities for an offering pursuant to Rule 462(b) under the Securities Act, check the following box and list the Securities Act registration statement number of the earlier effective registration statement for the same offering. ☐ If this form is a post-effective amendment filed pursuant to Rule 462(c) under the Securities Act, check the following box and list the Securities Act registration statement number of the earlier effective registration statement for the same offering. ☐ If this form is a post-effective amendment filed pursuant to Rule 462(d) under the Securities Act, check the following box and list the Securities Act registration statement number of the earlier effective registration statement for the same offering. ☐ Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reporting company or an emerging growth company. See the definitions of “large accelerated filer,” “accelerated filer,” “smaller reporting company” and “emerging growth company” in Rule 12b-2 of the Exchange Act. Large accelerated filer ☐ Accelerated filer ☐ Non-accelerated filer ☒ Smaller reporting company ☒ Emerging growth company ☒ If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Secti