| Summary of Changes in Quantity of Bitcoin and the Respective Fair Value |
The following represents the changes in quantity of Bitcoin and the respective fair value:
|
|
|
|
|
|
|
|
|
(Amounts in thousands, except Bitcoin amounts) |
|
Quantity |
|
|
Fair Value |
|
Balance at December 31, 2024 |
|
|
38,012.91129948 |
|
|
$ |
3,550,034 |
|
Bitcoin contributed |
|
|
5,034.11266276 |
|
|
|
500,979 |
|
Bitcoin redeemed |
|
|
(2,437.02849985 |
) |
|
|
(212,091 |
) |
Bitcoin distributed for Sponsor’s Fee, related party |
|
|
(14.96656384 |
) |
|
|
(1,398 |
) |
Net change in unrealized appreciation/depreciation on investment in Bitcoin |
|
|
- |
|
|
|
(524,750 |
) |
Net realized gain on investment in Bitcoin sold to pay expenses |
|
|
- |
|
|
|
302 |
|
Net realized gain on investment in Bitcoin sold for redemption of Shares |
|
|
- |
|
|
|
33,734 |
|
Balance at March 31, 2025 |
|
|
40,595.02889855 |
|
|
$ |
3,346,810 |
|
|
|
|
|
|
|
|
(Amounts in thousands, except Bitcoin amounts) |
|
Quantity |
|
|
Fair Value |
|
Balance at December 31, 2025 |
|
|
48,474.93659149 |
|
|
$ |
4,243,952 |
|
Bitcoin contributed |
|
|
5,990.84209942 |
|
|
|
441,297 |
|
Bitcoin redeemed |
|
|
(2,774.30254636 |
) |
|
|
(208,679 |
) |
Bitcoin distributed for Sponsor’s Fee, related party |
|
|
(18.44427726 |
) |
|
|
(1,407 |
) |
Net change in unrealized appreciation/depreciation on investment in Bitcoin |
|
|
- |
|
|
|
(956,060 |
) |
Net realized loss on investment in Bitcoin sold to pay expenses |
|
|
- |
|
|
|
(75 |
) |
Net realized loss on investment in Bitcoin sold for redemption of Shares |
|
|
- |
|
|
|
(15,323 |
) |
Balance at March 31, 2026 |
|
|
51,673.03186729 |
|
|
$ |
3,503,705 |
|
|