Company: BTC
Filing Date: 2025-02-28
Form Type: 10-K
Source: 0000950170-25-029405
Chunk: 264

Company: Grayscale Bitcoin Mini Trust ETF
Filing Date: 2025-02-28
Form: 10-K
Item: Item 1B
Chunk 264
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INDEX TO FINANCIAL STATEMENTS

    Page  

    Grayscale Bitcoin Mini Trust ETF Annual Financial Statements

    Report of Independent Registered Public Accounting Firm (KPMG LLP, PCAOB ID 185)
     
    F-2

    Statement of Assets and Liabilities at December 31, 2024
     
    F-3

    Schedule of Investment at December 31, 2024
     
    F-4

    Statement of Operations for the Period from July 31, 2024 (the Commencement of the Trust’s Operations) to December 31, 2024
     
    F-5

    Statement of Changes in Net Assets for the Period from July 31, 2024 (the Commencement of the Trust’s Operations) to December 31, 2024
     
    F-6

    Statement of Cash Flows for the Period from July 31, 2024 (the Commencement of the Trust’s Operations) to December 31, 2024
     
       F-7

    Notes to Financial Statements
     
    F-8

F-1

REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM

To the Shareholders and Sponsor of

Grayscale Bitcoin Mini Trust ETF:

Opinion on the Financial Statements 

We have audited the accompanying statement of assets and liabilities of Grayscale Bitcoin Mini Trust ETF (the Trust), including the schedule of investment, as of December 31, 2024, the related statements of operations, changes in net assets, and cash flows for the period from July 31, 2024 (the commencement of the Trust’s operations) to December 31, 2024, and the related notes (collectively, the financial statements). In our opinion, the financial statements present fairly, in all material respects, the financial position of the Trust as of December 31, 2024, and the results of its operations, changes in its net assets and its cash flows for the period then ended, in conformity with U.S. generally accepted accounting principles. 

Basis for Opinion 

These financial statements are the responsibility of the Trust’s management. Our responsibility is to express an opinion on these financial statements based on our audit. We are a public accounting firm registered with the Public Company Accounting Oversight Board (United States) (PCAOB) and are required to be independent with respect to the Trust in accordance with the U.S. federal