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

TL;DR

Grayscale Bitcoin Mini Trust (BTC) filed an S-1/A. SEC stuff for BTC trust.

AI Summary

Grayscale Bitcoin Mini Trust (BTC) filed an S-1/A amendment on July 26, 2024, updating its registration statement. The trust, incorporated in Delaware, is managed by Grayscale Investments, LLC, located in Stamford, CT. This filing is part of the process for the trust's registration under the Securities Act of 1933.

Why It Matters

This amendment to the S-1 registration statement is a step in the regulatory process for the Grayscale Bitcoin Mini Trust, potentially impacting its future trading and accessibility for investors.

Risk Assessment

Risk Level: medium — As a cryptocurrency-related financial product, the Grayscale Bitcoin Mini Trust is subject to the inherent volatility and regulatory uncertainties of the digital asset market.

Key Numbers

• 333-277837 — SEC File Number (Identifies the specific registration filing with the SEC.)
• 20240726 — Filing Date (The date the amendment was officially submitted to the SEC.)

Key Players & Entities

• Grayscale Bitcoin Mini Trust (BTC) (company) — Registrant
• Grayscale Investments, LLC (company) — Manager/Agent for Service
• Edward McGee (person) — Chief Financial Officer
• 333-277837 (dollar_amount) — SEC File Number
• July 26, 2024 (date) — Filing Date

FAQ

From the Filing

0001193125-24-186494.txt : 20240729 0001193125-24-186494.hdr.sgml : 20240729 20240726213706 ACCESSION NUMBER: 0001193125-24-186494 CONFORMED SUBMISSION TYPE: S-1/A PUBLIC DOCUMENT COUNT: 3 FILED AS OF DATE: 20240729 DATE AS OF CHANGE: 20240726 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: 241148597 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 July 26, 2024 Registration No. 333-277837 UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 Amendment No. 4 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) Edward McGee Chief Financial 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 Section 7(