Company: BTC
Filing Date: 2025-04-01
Form Type: POS AM
Source: 0001193125-25-070549
Chunk: 97

Company: Grayscale Bitcoin Mini Trust ETF
Filing Date: 2025-04-01
Form: POS AM
Chunk 97
---
 Grayscale Securities;                   |

56

| • |     | DCG is (i) the sole equity holder and indirect parent company of the Sponsor, and (ii) a minority                                       
 interest holder in Kraken, one of the Digital Asset Trading Platforms included in the Index, representing less than 1.0% of its equity; |

| • |     | DCG has investments in a large number of digital assets and companies involved in the digital asset ecosystem,                                                                                                                                    
 including trading platforms and custodians. DCG’s positions on changes that should be adopted in the Bitcoin Network could be adverse to positions that would benefit the Trust or its shareholders. Additionally, before or after a hard fork on 
 the Bitcoin Network, DCG’s position regarding which fork among a group of incompatible forks of the Bitcoin Network should be considered the “true” Bitcoin Network could be adverse to positions that would most benefit the Trust;              |

| • |     | DCG has been vocal in the past about its support for digital assets other than Bitcoin. Any investments in, or            
 public positions taken on, digital assets other than Bitcoin by DCG could have an adverse impact on the price of Bitcoin; |

| • |     | The Sponsor decides whether to retain separate counsel, accountants or others to perform services for the Trust; 
 and                                                                                                              |

| • |     | The Sponsor may select an Index Provider that is an affiliate of the Sponsor and the Trust. |

By purchasing the Shares, shareholders agree and consent to the provisions set forth in the Trust Agreement. See “Business—Description of the Trust Agreement.” For a further discussion of the conflicts of interest among the Sponsor, the distributor, the marketer, Authorized Participant, Liquidity Providers, the Trust and others, see “Certain Relationships and Related Party Transactions.” DCG is a minority interest holder in Kraken, which operates one of the Digital Asset Trading Platforms included in the Index Price. DCG, the sole equity holder and indirect parent company of the Sponsor, holds a minority interest of less than 1.0% in Kraken. The Sponsor values its digital assets by reference to the Index Price. The Index Price is the price in U.S. dollars of a Bitcoin derived from the Digital Asset Trading Platforms that are reflected in the Index developed by CoinDesk Indices, Inc. as of 4:00 p.m., New York time on each business day. Kraken is one of such Digital Asset Trading Platforms included in the Index. Although DCG does not exercise control over Kraken,