iShares Bitcoin Trust Files 8-K with Material Agreements

Ticker: IBIT · Form: 8-K · Filed: 2024-07-26T00:00:00.000Z

Sentiment: neutral

Topics: 8-K, material-agreement, financials

TL;DR

iShares Bitcoin Trust filed an 8-K on 7/26, reporting material agreements and financial docs.

AI Summary

On July 26, 2024, iShares Bitcoin Trust filed an 8-K report. The filing indicates an entry into a material definitive agreement and includes financial statements and exhibits. The trust is incorporated in Delaware and its principal executive offices are located at 400 Howard Street, San Francisco, California.

Why It Matters

This filing signals significant contractual developments for the iShares Bitcoin Trust, potentially impacting its operations and investor relations.

Risk Assessment

Risk Level: low — This is a routine filing reporting material agreements and financial statements, not indicating immediate operational or financial distress.

Key Numbers

Key Players & Entities

FAQ

What type of material definitive agreement was entered into by iShares Bitcoin Trust?

The filing does not specify the exact nature of the material definitive agreement, only that one was entered into.

What is the significance of the financial statements and exhibits included in this filing?

The financial statements and exhibits provide updated financial information and supporting documentation for the iShares Bitcoin Trust.

When was the iShares Bitcoin Trust incorporated?

The filing states the iShares Bitcoin Trust is incorporated in Delaware, but does not provide the specific incorporation date.

Who is listed as the sponsor for the iShares Bitcoin Trust?

iShares Delaware Trust Sponsor LLC is listed as the sponsor for the iShares Bitcoin Trust.

What is the primary business activity of the iShares Bitcoin Trust?

The filing lists the Standard Industrial Classification as [6221] and Organization Name as '09 Crypto Assets', indicating its focus on cryptocurrency assets.

From the Filing

0001437749-24-023611.txt : 20240726 0001437749-24-023611.hdr.sgml : 20240726 20240726164346 ACCESSION NUMBER: 0001437749-24-023611 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 15 CONFORMED PERIOD OF REPORT: 20240726 ITEM INFORMATION: Entry into a Material Definitive Agreement ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20240726 DATE AS OF CHANGE: 20240726 FILER: COMPANY DATA: COMPANY CONFORMED NAME: iShares Bitcoin Trust CENTRAL INDEX KEY: 0001980994 STANDARD INDUSTRIAL CLASSIFICATION: [6221] ORGANIZATION NAME: 09 Crypto Assets IRS NUMBER: 000000000 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-41914 FILM NUMBER: 241147654 BUSINESS ADDRESS: STREET 1: C/O ISHARES DELAWARE TRUST SPONSOR, LLC STREET 2: 400 HOWARD STREET CITY: SAN FRANCISCO STATE: CA ZIP: 94105 BUSINESS PHONE: 415-670-6416 MAIL ADDRESS: STREET 1: C/O ISHARES DELAWARE TRUST SPONSOR, LLC STREET 2: 400 HOWARD STREET CITY: SAN FRANCISCO STATE: CA ZIP: 94105 8-K 1 bit20240726_8k.htm FORM 8-K bit20240726_8k.htm false 0001980994 0001980994 2024-07-26 2024-07-26 UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549     FORM 8-K     CURRENT REPORT   Pursuant to Section   13 or 15(d) of the Securities Exchange Act of 1934   Date of Report (Date of Earliest Event Reported): July 26, 2024     iShares ® Bitcoin Trust (Exact name of registrant as specified in its charter)     New York 001-41914 93-6461129 (State or other jurisdiction of incorporation) (Commission   File Number) (I.R.S. Employer Identification No.)       c/o iShares Delaware Trust Sponsor LLC 400 Howard Street San Francisco , California 94105     (Address of principal executive offices)     Registrant ’ s telephone number, including area code: ( 415 )   670-2000   Not Applicable Former name or former address, if changed since last report     Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:   ☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)   ☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)   ☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))   ☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))   Securities registered pursuant to Section 12(b) of the Act:   Title of each class Trading Symbol(s) Name of each exchange on which registered Shares IBIT The Nasdaq Stock Market LLC    Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).   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 Section 13(a) of the Exchange Act. ☒           Item 1.01 Entry into a Material Definitive Agreement.   On July 26, 2024, iShares® Delaware Trust Sponsor LLC (the "Sponsor"), sponsor of iShares Bitcoin Trust (the "Trust"), and BlackRock Fund Advisors, in its capacity as trustee of the Trust (the "Administrative Trustee"), entered into the Amendment No. 1 to the Second Amended and Restated Trust Agreement (the "Amendment No. 1") to reflect the change in the name of the Trust from iShares Bitcoin Trust to iShares Bitcoin Trust ETF, effective 12:01 a.m. on August 8, 2024.   The forego

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