| Summary of Transactions and Earnings from Investments in Bitcoin |
The following is a summary of the transactions in, and earnings from, investments in bitcoin for the three months ended March 31, 2025 and 2024.
|
|
|
|
|
Fair Value |
|
Opening Balance as of 12/31/2024 |
$ |
727,789,330 |
|
Purchases at Cost |
|
28,373,793 |
|
Proceeds from Sales to Pay Sponsor Fee |
|
(481,815 |
) |
Proceeds from bitcoin sold for Redemptions |
|
(246,403,149 |
) |
Change in Unrealized Appreciation (Depreciation) |
|
(133,944,630 |
) |
Net Realized (Gain) Loss from Investments in Bitcoin Sold to pay Sponsor Fee |
|
88,948 |
|
Net Realized (Gain) Loss from Investments in Bitcoin Sold for Redemptions |
|
60,847,702 |
|
Ending Balance as of 03/31/2025 |
$ |
436,270,179 |
|
|
|
|
|
|
Fair Value |
|
Opening Balance as of 12/31/2023 |
$ |
— |
|
Purchases at Cost |
|
405,177,933 |
|
Proceeds from bitcoin sold for Redemptions |
|
(172,678,972 |
) |
Change in Unrealized Appreciation (Depreciation) |
|
148,790,853 |
|
Net Realized (Gain) Loss from Investments in Bitcoin Sold for Redemptions |
|
37,026,114 |
|
Ending Balance as of 03/31/2024 |
$ |
418,315,928 |
|
|