Grayscale Bitcoin Mini Trust ETF Files 2024 10-K
Ticker: BTC · Form: 10-K · Filed: 2025-02-28T00:00:00.000Z
Sentiment: neutral
Topics: 10-K, ETF, Bitcoin, crypto
Related Tickers: GBTC
TL;DR
GBTC 10-K is in! Full 2024 financials out, formerly Grayscale Bitcoin Trust.
AI Summary
Grayscale Bitcoin Mini Trust ETF filed its 10-K for the fiscal year ending December 31, 2024. The filing, dated February 28, 2025, details the company's operations and financial status. Previously known as Grayscale Bitcoin Trust (BTC), the company changed its name on March 8, 2024. The ETF is managed by Grayscale Investments, LLC, located in Stamford, CT.
Why It Matters
This filing provides investors with a comprehensive overview of the Grayscale Bitcoin Mini Trust ETF's performance and financial health for the 2024 fiscal year, crucial for understanding its investment potential.
Risk Assessment
Risk Level: medium — The value of the ETF is directly tied to Bitcoin, a volatile asset, introducing significant market risk.
Key Numbers
- 2024-12-31 — Fiscal Year End (The period covered by the 10-K filing.)
- 2025-02-28 — Filing Date (The date the 10-K was officially submitted to the SEC.)
Key Players & Entities
- Grayscale Bitcoin Mini Trust ETF (company) — Filer and reporting entity
- Grayscale Investments, LLC (company) — Sponsor and manager
- 2024-12-31 (date) — Fiscal year end
- 2025-02-28 (date) — Filing date
- Grayscale Bitcoin Trust (BTC) (company) — Former name of the entity
- 2024-03-08 (date) — Date of name change
FAQ
What was the previous name of Grayscale Bitcoin Mini Trust ETF?
The previous name was Grayscale Bitcoin Trust (BTC), with a name change occurring on March 8, 2024.
Who is the sponsor of the Grayscale Bitcoin Mini Trust ETF?
The sponsor is Grayscale Investments, LLC, located at 290 Harbor Drive, 4th Floor, Stamford, CT.
What is the fiscal year end for this 10-K filing?
The fiscal year end is December 31, 2024.
When was this 10-K filing submitted to the SEC?
The filing was submitted on February 28, 2025.
What is the SEC file number for this filing?
The SEC file number is 001-42194.
From the Filing
0000950170-25-029405.txt : 20250228 0000950170-25-029405.hdr.sgml : 20250228 20250227202919 ACCESSION NUMBER: 0000950170-25-029405 CONFORMED SUBMISSION TYPE: 10-K PUBLIC DOCUMENT COUNT: 75 CONFORMED PERIOD OF REPORT: 20241231 FILED AS OF DATE: 20250228 DATE AS OF CHANGE: 20250227 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Grayscale Bitcoin Mini Trust ETF CENTRAL INDEX KEY: 0002015034 STANDARD INDUSTRIAL CLASSIFICATION: [6221] ORGANIZATION NAME: 09 Crypto Assets IRS NUMBER: 996383052 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 10-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-42194 FILM NUMBER: 25682117 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 FORMER COMPANY: FORMER CONFORMED NAME: Grayscale Bitcoin Mini Trust (BTC) DATE OF NAME CHANGE: 20240308 10-K 1 btc-20241231.htm 10-K 10-K FY 2024 FY 0002015034 --12-31 0 http://grayscale.com/20241231#InvestmentInBitcoinMember 0.2 0.2 http://fasb.org/us-gaap/2024#AccountingStandardsUpdate202307Member 0.2 0.2 0.2 0.2 0.2 0.2 0002015034 2024-06-30 0002015034 btc:SponsorMember 2024-07-19 2024-07-19 0002015034 us-gaap:RelatedPartyMember 2024-12-31 0002015034 us-gaap:FairValueInputsLevel1Member 2024-12-31 0002015034 2024-10-01 2024-12-31 0002015034 us-gaap:RelatedPartyMember 2024-07-31 2024-12-31 0002015034 btc:SponsorMember 2024-07-31 2024-12-31 0002015034 btc:BTCTrustMember 2024-07-30 2024-07-30 0002015034 btc:InvestmentMember 2024-12-31 0002015034 btc:BTCTrustMember 2024-07-31 0002015034 2024-07-30 0002015034 btc:BTCTrustMember 2024-07-31 2024-07-31 0002015034 btc:SponsorMember 2024-12-31 0002015034 btc:SponsorMember 2024-07-31 2024-07-31 0002015034 btc:BTCTrustMember 2024-07-31 2024-12-31 0002015034 btc:BTCTrustMember btc:O2024M2DividendsMember 2024-07-19 2024-07-19 0002015034 us-gaap:CommonStockMember btc:SponsorMember 2024-04-29 2024-04-29 0002015034 us-gaap:SubsequentEventMember 2025-02-24 0002015034 us-gaap:CommonStockMember btc:SponsorMember 2024-04-29 0002015034 btc:BTCTrustMember btc:O2024M2DividendsMember 2024-07-30 2024-07-30 0002015034 us-gaap:SubsequentEventMember 2025-02-24 2025-02-24 0002015034 btc:BTCTrustMember 2024-11-19 2024-11-19 0002015034 btc:SponsorMember us-gaap:SubsequentEventMember 2025-01-03 2025-01-03 0002015034 2025-02-24 0002015034 2024-07-31 2024-07-31 0002015034 btc:InvestmentInBitcoinMember 2024-12-31 0002015034 2024-07-31 2024-12-31 0002015034 2024-11-19 2024-11-19 0002015034 2024-07-31 2024-09-30 0002015034 2024-12-31 btc:Bitcoin xbrli:pure xbrli:shares iso4217:USD xbrli:shares iso4217:USD   Review of Finan UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2024 or ☐ TRANSITION REPORT  PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _____ to ______   Commission File Number 001-42184 Grayscale Bitcoin Mini Trust ETF SPONSORED BY GRAYSCALE OPERATING, LLC AND GRAYSCALE INVESTMENTS SPONSORS, LLC (Exact Name of Registrant as Specified in Its Charter)   Delaware 99-6447880 (State or Other Jurisdiction of Incorporation or Organization) (I.R.S. Employer Identification No.)     290 Harbor Drive, 4 th Floor Stamford , Connecticut 06902 (Address of Principal Executive Offices) (Zip Code)   ( 212 ) 668-1427 (Registrant’s telephone number, including area code) Securities registered pursuant to Section 12(b) of the Act:   Title of each class Trading Symbol(s) Name of each exchange on which registered Grayscale Bitcoin Mini Trust ETF Shares BTC NYSE Arca, Inc. Indicate by check mark if the registrant is a well-known seasoned issuer, as defined in Rule 405 of the