Company: BTC
Filing Date: 2025-04-01
Form Type: POS AM
Source: 0001193125-25-070549
Chunk: 110

Company: Grayscale Bitcoin Mini Trust ETF
Filing Date: 2025-04-01
Form: POS AM
Chunk 110
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  |       |     | NAV      
 per      
 Share(2) |       |     | Low  
 NYSE 
 Arca |       |     | Principal 
 Market    
 NAV per   
 Share(1)  |       |     | NAV          
 per Share(2) |       |
|:------------------------------------------------------------------------------------|:----|:-----|------:|:----|:----------|------:|:----|:---------|------:|:----|:-----|------:|:----|:----------|------:|:----|:-------------|------:|
| July 31, 2024 (the commencement of the Trust’s operations) to September 30, 2024(3) |     | $    | 29.10 |     | $         | 29.25 |     | $        | 29.25 |     | $    | 23.75 |     | $         | 23.71 |     | $            | 23.71 |
| Fourth quarter(3)                                                                   |     | $    | 47.30 |     | $         | 47.30 |     | $        | 47.31 |     | $    | 26.45 |     | $         | 26.45 |     | $            | 26.45 |

| (1) | The Principal Market NAV is calculated using the fair value of Bitcoin based on the price provided by the                                                                               
 Digital Asset Market that the Trust considers its principal market, which is Coinbase. See “—Critical Accounting Policies and Estimates—Principal Market and Fair Value Determination.” |

| (2) | The Trust’s NAV per Share is derived from the Index Price as represented by the Index as of 4:00 p.m., New                                                                             
 York time, on the valuation date. The Index Price is calculated using non-GAAP methodology and is not used in the Trust’s financial statements. See “Business—Valuation of Bitcoin and 
 Determination of NAV.”                                                                                                                                                                 |

| (3) | Principal Market NAV per Share and NAV per Share amounts have been retroactively adjusted to reflect the 1-for-5 Reverse Share Split of the Trust’s issued and outstanding Shares completed on November 19, 2024. |

The following chart sets out the historical closing prices for the Shares as reported by NYSE Arca from July 31, 2024 (the commencement of the Trust’s operations) to December 31, 2024 and the Trust’s