Company: BTC
Filing Date: 2025-02-28
Form Type: 10-K
Source: 0000950170-25-029405
Chunk: 237

Company: Grayscale Bitcoin Mini Trust ETF
Filing Date: 2025-02-28
Form: 10-K
Item: Item 1B
Chunk 237
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 per Share (as adjusted for the Reverse Share Split for periods prior to November 20, 2024) from July 31, 2024 (the commencement of the Trust’s operations) to December 31, 2024. For more information on the determination of the Trust’s NAV, see “Item 1. Business—Overview of the Bitcoin Industry and Market—Bitcoin Value—The Index and the Index Price.” 

87

The following table illustrates the movements in the Index Price from July 31, 2024 (the commencement of the Trust’s operations) to December 31, 2024. During such period, the Index Price has ranged from $53,461.36 to $106,734.51, with the straight average being $74,068.59 through December 31, 2024. The Sponsor has not observed a material difference between the Index Price and average prices from the Constituent Trading Platforms individually or as a group. 

    High
     
    Low

    Period
     
    Average

    Index Price

    Date
     
    Index Price

    Date
     
    End ofperiod

    Last businessday

    July 31, 2024 (the commencement of the Trust’s operations) to December 31, 2024
     
    $
    74,068.59

    $
    106,734.51

    12/17/2024
     
    $
    53,461.36

    8/5/2024
     
    $
    93,413.90

    $
    93,413.90

The following table illustrates the movements in the Digital Asset Market price of Bitcoin, as reported on the Trust’s principal market, from July 31, 2024 (the commencement of the Trust’s operations) to December 31, 2024. During such period, the price of Bitcoin has ranged from $53,469.64 to $106,726.24, with the straight average being $74,068.14 through December 31, 2024: 

    High
     
    Low

    Period
     
    Average

    Digital Asset Market Price

    Date
     
    Digital Asset Market Price

    Date
     
    End ofperiod

    Last businessday

    July 31, 2024 (the commencement of the Trust’s operations) to December 31, 2024