Company: BTC
Filing Date: 2025-04-01
Form Type: POS AM
Source: 0001193125-25-070549
Chunk: 63

Company: Grayscale Bitcoin Mini Trust ETF
Filing Date: 2025-04-01
Form: POS AM
Chunk 63
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 order to raise cash to pay any Additional Trust Expenses), which may cause the Shares to decrease in value over time or dampen any increase in value. The value of the Shares may be influenced by a variety of factors unrelated to the value of Bitcoin. The value of the Shares may be influenced by a variety of factors unrelated to the price of Bitcoin and the Digital Asset Trading Platforms included in the Index that may have an adverse effect on the value of the Shares. These factors include the following factors:

| • |     | Unanticipated problems or issues with respect to the mechanics of the Trust’s operations and the trading of                                                                                                        
 the Shares may arise, in particular due to the fact that the mechanisms and procedures governing the creation and offering of the Shares and storage of Bitcoin have been developed specifically for this product; |

| • |     | The Trust could experience difficulties in operating and maintaining its technical infrastructure, including in                                                                        
 connection with expansions or updates to such infrastructure, which are likely to be complex and could lead to unanticipated delays, unforeseen expenses and security vulnerabilities; |

| • |     | The Trust could experience unforeseen issues relating to the performance and effectiveness of the security                                                                                                                                       
 procedures used to protect the Vault Balance, or the security procedures may not protect against all errors, software flaws or other vulnerabilities in the Trust’s technical infrastructure, which could result in theft, loss or damage of its 
 assets; or                                                                                                                                                                                                                                       |

| • |     | Although the Bitcoin Network does not have any privacy enhancing features at this time, if any such features are                                                                                                                                        
 introduced to the Bitcoin Network in the future, service providers may decide to terminate their relationships with the Trust due to concerns that the introduction of privacy enhancing features to the Bitcoin Network may increase the potential for 
 Bitcoin to be used to facilitate crime, exposing such service providers to potential reputational harm.                                                                                                                                                 |

37

Any of these factors could affect the value of the Shares, either directly or indirectly
through their effect on the Trust’s assets.

Shareholders do not have the protections associated with ownership of shares in an investment company registered under the Investment Company Act or the protections afforded by the CEA.

The Investment Company Act is designed
to protect investors by preventing insiders from managing investment companies to their benefit and to the detriment of public investors, such as: the issuance of securities having inequitable or discriminatory provisions; the management of
investment companies by irresponsible persons; the use of unsound or misleading methods of computing earnings and asset value; changes in the character of investment companies without