Company: BTC
Filing Date: 2025-04-01
Form Type: POS AM
Source: 0001193125-25-070549
Chunk: 16

Company: Grayscale Bitcoin Mini Trust ETF
Filing Date: 2025-04-01
Form: POS AM
Chunk 16
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 redemption program may cause the Shares to trade at a 
 discount to the NAV per Share;                                                                              |

| • |     | The lack of ability to facilitate in-kind creations and redemptions of 
 Shares could have adverse consequences for the Trust;                  |

| • |     | Shareholders may suffer a loss on their investment if the Shares trade above or below the Trust’s NAV per 
 Share;                                                                                                    |

| • |     | A determination that Bitcoin or any other digital asset is a “security” may adversely affect the value                                   
 of Bitcoin and the value of the Shares, and result in potentially extraordinary, nonrecurring expenses to, or termination of, the Trust; |

| • |     | Regulatory changes or actions by the U.S. Congress or any U.S. federal or state agencies may affect the value of                                                                            
 the Shares or restrict the use of Bitcoin, mining activity or the operation of the Bitcoin Network or the Digital Asset Markets in a manner that adversely affects the value of the Shares; |

| • |     | Regulatory changes or other events in foreign jurisdictions may affect the value of the Shares or restrict the                                                                                 
 use of one or more digital assets, mining activity or the operation of their networks or the Digital Asset Trading Platform Market in a manner that adversely affects the value of the Shares; |

| • |     | An Authorized Participant, the Trust or the Sponsor could be subject to regulation as a money service business or                                                              
 money transmitter, which could result in extraordinary expenses to the Authorized Participant, the Trust or the Sponsor and also result in decreased liquidity for the Shares; |

| • |     | Regulatory changes or interpretations could obligate the Trust or the Sponsor to register and comply with new 
 regulations, resulting in potentially extraordinary, nonrecurring expenses to the Trust;                      |

| • |     | Conflicts of interest may arise among the Sponsor or its affiliates and the Trust; |

| • |     | The Sponsor’s services may be discontinued, which could be detrimental to the Trust; and |

| • |     | If the Custodian resigns or is removed by the Sponsor, or otherwise, without replacement, it could trigger early 
 termination of the Trust.                                                                                        |

5

Emerging Growth Company Status The Trust is an “emerging growth company” as defined in the Jumpstart Our Business Startups Act (the “JOBS Act”). For as long as the Trust is an emerging growth company, unlike other public companies that are not emerging growth companies under the JOBS Act, it will not be