Company: BTC
Filing Date: 2025-04-01
Form Type: POS AM
Source: 0001193125-25-070549
Chunk: 234

Company: Grayscale Bitcoin Mini Trust ETF
Filing Date: 2025-04-01
Form: POS AM
Chunk 234
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 publishes the Secondary Index.

“Secondary Market”—Any marketplace or other alternative trading
system, as determined by the Sponsor, on which the Shares may then be listed, quoted or traded, including but not limited to, NYSE Arca.

“Securities Act”—The Securities Act of 1933, as amended.

148

“Seed Shares”—10,000 Shares at a
per-Share price equal to $10, delivered on April 29, 2024 to the Sponsor in exchange for $100,000 in proceeds to the Trust. The Seed Shares were redeemed for cash in connection with, and immediately prior
to the consummation of the Initial Distribution.

“Settlement Balance”—An account controlled and maintained by the
Custodian to which cash and digital assets of the Trust are credited on the Trust’s behalf.

“Shares”—Common
units of fractional undivided beneficial interest in, and ownership of, the Trust.

“Share Percentage”—A fraction
the numerator of which is the number of Shares disposed of and the denominator of which is the total number of Shares held by such U.S. Holder immediately prior to such sale or other disposition.

“Similar Laws”—Rules under other federal, state, local, non-U.S. or other
applicable law that are similar to ERISA or Section 4975 of the Code.

“SIPC”—The Securities Investor
Protection Corporation.

“Sponsor” or “Co-Sponsor”—The
sponsor of the Trust. Grayscale Investments, LLC was the sponsor of the Trust before January 1, 2025, Grayscale Operating, LLC is a co-sponsor of the Trust from January 1, 2025 to May 3, 2025,
and Grayscale Investments Sponsors, LLC is a co-sponsor of the Trust from January 1, 2025 to May 3, 2025 and will be the sole remaining sponsor thereafter.

“Sponsor Contracts”—Certain contracts assigned by GSO pertaining to its role as Sponsor (as such term is defined in the
Trust Agreement) of the Trust to GSIS in connection with the Reorganization.

“Sponsor-paid Expenses”—The fees and
expenses incurred by the Trust in the ordinary course of its affairs that the Sponsor is obligated to assume and pay, excluding taxes, but including: (i) the Marketing Fee, (ii) the Administrator Fee, (iii) the Custodian Fee and fees
for any other security vendor engaged by the Trust, (iv) the Transfer