Grayscale Bitcoin Mini Trust ETF Files Q1 2025 10-Q

Ticker: BTC · Form: 10-Q · Filed: 2025-05-02T00:00:00.000Z

Sentiment: neutral

Topics: 10-Q, ETF, Bitcoin, Crypto

Related Tickers: GBTC

TL;DR

Grayscale Bitcoin Mini Trust ETF filed its Q1 2025 10-Q. Bitcoin investment details inside.

AI Summary

Grayscale Bitcoin Mini Trust ETF filed its 10-Q for the period ending March 31, 2025. The filing details its investment in Bitcoin and financial activities. The company's address is C/O Grayscale Investments, LLC, 290 Harbor Drive, 4th Floor, Stamford, CT 06902, with a business phone number of (212) 668-1427. The filing also notes a subsequent event on April 28, 2025.

Why It Matters

This filing provides investors with crucial financial and operational details for the Grayscale Bitcoin Mini Trust ETF, impacting investment decisions related to Bitcoin exposure.

Risk Assessment

Risk Level: medium — As a Bitcoin-focused ETF, its value is inherently tied to the volatile cryptocurrency market, posing significant risk.

Key Numbers

N/A — Total Assets (Specific asset figures not detailed in this header-like snippet.)
N/A — Net Income (Specific income figures not detailed in this header-like snippet.)
N/A — Bitcoin Holdings (Specific Bitcoin holdings not detailed in this header-like snippet.)

Key Players & Entities

Grayscale Bitcoin Mini Trust ETF (company) — Filer
20250331 (date) — Period of Report
20250502 (date) — Filed as of Date
Grayscale Investments, LLC (company) — Address/Sponsor
Stamford, CT (location) — Business Address
(212) 668-1427 (phone_number) — Business Phone
20240308 (date) — Former Company Name Change Date
2025-04-28 (date) — Subsequent Event Date

FAQ

What was the primary purpose of the 10-Q filing for Grayscale Bitcoin Mini Trust ETF?

The 10-Q filing provides a quarterly update on the financial condition and operations of the Grayscale Bitcoin Mini Trust ETF for the period ending March 31, 2025.

Who is listed as the sponsor for the Grayscale Bitcoin Mini Trust ETF?

Grayscale Investments, LLC is listed as the sponsor for the Grayscale Bitcoin Mini Trust ETF.

When did the Grayscale Bitcoin Mini Trust ETF change its former company name?

The company formerly known as Grayscale Bitcoin Mini Trust (BTC) changed its name on March 8, 2024.

What is the business address and phone number for the Grayscale Bitcoin Mini Trust ETF?

The business address is C/O Grayscale Investments, LLC, 290 Harbor Drive, 4th Floor, Stamford, CT 06902, and the business phone number is (212) 668-1427.

Was there a significant subsequent event reported after the period end date?

Yes, a subsequent event was reported on April 28, 2025.

From the Filing

0000950170-25-062727.txt : 20250502 0000950170-25-062727.hdr.sgml : 20250502 20250502160219 ACCESSION NUMBER: 0000950170-25-062727 CONFORMED SUBMISSION TYPE: 10-Q PUBLIC DOCUMENT COUNT: 61 CONFORMED PERIOD OF REPORT: 20250331 FILED AS OF DATE: 20250502 DATE AS OF CHANGE: 20250502 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Grayscale Bitcoin Mini Trust ETF CENTRAL INDEX KEY: 0002015034 STANDARD INDUSTRIAL CLASSIFICATION: [6221] ORGANIZATION NAME: 09 Crypto Assets EIN: 996383052 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 10-Q SEC ACT: 1934 Act SEC FILE NUMBER: 001-42194 FILM NUMBER: 25908319 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-Q 1 btc-20250331.htm 10-Q 10-Q 0002015034 None --12-31 false None None Q1 None http://grayscale.com/20250331#InvestmentInBitcoinMember http://grayscale.com/20250331#InvestmentInBitcoinMember 0.2 http://grayscale.com/20250331#ChiefExecutiveOfficerAndChiefFinancialOfficerMember 1 0.2 0.2 0.2 0002015034 btc:BTCTrustMember 2024-07-31 0002015034 btc:SponsorMember 2024-07-31 2024-07-31 0002015034 us-gaap:FairValueInputsLevel1Member 2025-03-31 0002015034 btc:SponsorMember 2024-12-31 0002015034 btc:BTCTrustMember us-gaap:SubsequentEventMember 2025-04-28 2025-04-28 0002015034 us-gaap:RelatedPartyMember 2025-03-31 0002015034 btc:InvestmentMember 2024-12-31 0002015034 2025-01-01 2025-03-31 0002015034 btc:SponsorMember 2024-07-19 2024-07-19 0002015034 btc:BTCTrustMember 2025-01-01 2025-03-31 0002015034 btc:BTCTrustMember 2024-07-31 2024-07-31 0002015034 btc:BTCTrustMember 2024-12-31 0002015034 btc:BTCTrustMember btc:O2024M2DividendsMember 2024-07-30 2024-07-30 0002015034 2024-11-19 2024-11-19 0002015034 us-gaap:FairValueInputsLevel1Member 2024-12-31 0002015034 2024-07-31 2024-12-31 0002015034 2024-12-31 0002015034 btc:InvestmentInBitcoinMember 2024-12-31 0002015034 btc:InvestmentMember 2025-03-31 0002015034 us-gaap:CommonStockMember btc:SponsorMember 2024-04-29 0002015034 btc:SponsorMember 2025-01-01 2025-03-31 0002015034 us-gaap:RelatedPartyMember 2024-07-31 2024-12-31 0002015034 us-gaap:RelatedPartyMember 2025-01-01 2025-03-31 0002015034 btc:InvestmentInBitcoinMember 2025-03-31 0002015034 2024-07-31 2024-07-31 0002015034 btc:SponsorMember 2025-03-31 0002015034 2025-04-28 0002015034 2025-03-31 0002015034 btc:BTCTrustMember btc:O2024M2DividendsMember 2024-07-19 2024-07-19 0002015034 us-gaap:SubsequentEventMember 2025-04-28 0002015034 us-gaap:RelatedPartyMember 2024-12-31 0002015034 us-gaap:CommonStockMember btc:SponsorMember 2024-04-29 2024-04-29 0002015034 2024-07-30 0002015034 btc:BTCTrustMember 2024-11-19 2024-11-19 btc:Bitcoin xbrli:pure xbrli:shares btc:Segment iso4217:USD xbrli:shares iso4217:USD   UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2025 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 001-42194   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 99-6383052 (State or Other Jurisdiction of Incorporation or Organization) (I.R.S. Employer Identification No.)   c/o Grayscale Investments Sponsors, LLC 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) Secur