Fidelity Bitcoin Fund Holds 180K+ BTC, Net Assets $6.4B

TL;DR

Fidelity's Bitcoin fund is sitting on 180k+ BTC worth $6.4B as of 12/31/24.

AI Summary

The Fidelity Wise Origin Bitcoin Fund filed its 10-K for the fiscal year ending December 31, 2024. The fund reported holding 180,344.62 Bitcoin, with a total net asset value of $6,433,100,000. Fidelity Investments, located at 245 Summer Street, Boston, MA, is the administrator for the fund, which was formerly known as Wise Origin Bitcoin Trust.

Why It Matters

This filing provides a snapshot of the Fidelity Wise Origin Bitcoin Fund's holdings and financial position as of year-end 2024, offering insight into institutional Bitcoin investment.

Risk Assessment

Risk Level: high — The fund's primary asset is Bitcoin, a highly volatile cryptocurrency, exposing it to significant market risk.

Key Numbers

• 180,344.62 — Bitcoin Quantity (Total Bitcoin held by the fund as of December 31, 2024.)
• $6,433,100,000 — Total Net Assets (The net asset value of the fund as of December 31, 2024.)

Key Players & Entities

• Fidelity Wise Origin Bitcoin Fund (company) — Filer of the 10-K
• Bitcoin (company) — Primary investment asset
• 180,344.62381900 (dollar_amount) — Quantity of Bitcoin held
• $6,433,100,000 (dollar_amount) — Total Net Assets
• 2024-12-31 (date) — Fiscal year end and reporting date
• Fidelity Investments (company) — Administrator of the fund
• 245 Summer Street, Boston, MA (company) — Business and mail address
• Wise Origin Bitcoin Trust (company) — Former company name

FAQ

From the Filing

0000950170-25-039452.txt : 20250314 0000950170-25-039452.hdr.sgml : 20250314 20250314161852 ACCESSION NUMBER: 0000950170-25-039452 CONFORMED SUBMISSION TYPE: 10-K PUBLIC DOCUMENT COUNT: 47 CONFORMED PERIOD OF REPORT: 20241231 FILED AS OF DATE: 20250314 DATE AS OF CHANGE: 20250314 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Fidelity Wise Origin Bitcoin Fund CENTRAL INDEX KEY: 0001852317 STANDARD INDUSTRIAL CLASSIFICATION: [6221] ORGANIZATION NAME: 09 Crypto Assets IRS NUMBER: 866606379 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 10-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-41904 FILM NUMBER: 25740263 BUSINESS ADDRESS: STREET 1: 245 SUMMER STREET CITY: BOSTON STATE: MA ZIP: 02210 BUSINESS PHONE: (617)-392-2211 MAIL ADDRESS: STREET 1: 245 SUMMER STREET CITY: BOSTON STATE: MA ZIP: 02210 FORMER COMPANY: FORMER CONFORMED NAME: Wise Origin Bitcoin Trust DATE OF NAME CHANGE: 20210319 10-K 1 ck0001852317-20241231.htm 10-K 10-K FY 2024 0001852317 false --12-31 http://www.fidelity.com/20241231#BitcoinMember http://www.fidelity.com/20241231#BitcoinMember 0001852317 2024-01-11 2024-12-31 0001852317 2024-06-30 0001852317 us-gaap:FairValueInputsLevel1Member ck0001852317:InvestmentInBitcoinMember 2024-12-31 0001852317 ck0001852317:TrustNetAssetsMember 2024-12-06 2024-12-06 0001852317 2024-01-10 0001852317 2023-11-30 2023-11-30 0001852317 Investment in bitcoin, Global Total Investment in bitcoin 2024-12-31 0001852317 us-gaap:FairValueInputsLevel2Member 2024-12-31 0001852317 2024-01-01 2024-12-31 0001852317 Investment in bitcoin, Global Bitcoin Quantity of Bitcoin 180,344.62381900 2024-12-31 0001852317 2023-11-30 2023-12-31 0001852317 2023-11-29 0001852317 2023-12-31 0001852317 2023-12-14 2023-12-14 0001852317 Investment in bitcoin, Global Other Assets Less Liabilities 2024-12-31 0001852317 2025-03-10 0001852317 us-gaap:FairValueInputsLevel2Member ck0001852317:InvestmentInBitcoinMember 2024-12-31 0001852317 Investment in bitcoin, Global Total Net Assets 2024-12-31 0001852317 2024-12-31 0001852317 ck0001852317:InvestmentInBitcoinMember 2024-12-31 0001852317 2024-10-01 2024-12-31 0001852317 us-gaap:FairValueInputsLevel1Member 2024-12-31 0001852317 2024-01-09 2024-01-09 0001852317 us-gaap:FairValueInputsLevel3Member 2024-12-31 0001852317 us-gaap:FairValueInputsLevel3Member ck0001852317:InvestmentInBitcoinMember 2024-12-31 0001852317 2024-01-09 iso4217:USD xbrli:shares xbrli:pure xbrli:shares iso4217:USD     UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549   FORM 10-K   (Mark One) ☒ 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 001-41904   Fidelity ® Wise Origin ® Bitcoin Fund (Exact name of Registrant as specified in its Charter)   Delaware 86-6606379 (State or other jurisdiction of incorporation or organization) (I.R.S. Employer Identification No.) 245 Summer Street V13E Boston , MA 02210 (Address of principal executive offices) (Zip Code) Registrant’s telephone number, including area code: (800) 343-3548   Securities registered pursuant to Section 12(b) of the Act:   Title of each class   Trading Symbol(s)   Name of each exchange on which registered Fidelity® Wise Origin® Bitcoin Fund Shares   FBTC   Cboe BZX Exchange, Inc. Securities registered pursuant to Section 12(g) of the Act: None Indicate by check mark if the Registrant is a well-known seasoned issuer, as defined in Rule 405 of the Securities Act. Yes ☒ No ☐ Indicate by check mark if the Registrant is not required to file reports pursuant to Section 13 or 15(d) of the Act. Yes ☐ No ☒ Indicate by check mark whether the Registrant: (1) has filed