v3.26.1
Fair Value of Bitcoin - Schedule of Changes in Quantity and the Fair Value of Bitcoin (Details)
$ in Thousands
3 Months Ended 6 Months Ended
Jun. 30, 2026
USD ($)
Jun. 30, 2025
USD ($)
Jun. 30, 2026
USD ($)
Jun. 30, 2025
USD ($)
Schedule of Changes in Quantity and the Fair Value of Bitcoin [Abstract]        
Quantity of bitcoin, Beginning balance 35,246.5837 47,501.0671 37,769.3458 46,607.1028
Fair Value, Beginning balance $ 2,388,764 $ 3,916,212 $ 3,305,394 $ 4,352,648
Quantity of bitcoin, Bitcoin purchased for contributions 12,534.4152 16,447.0743 19,166.5663 34,265.2508
Fair Value, Bitcoin purchased for contributions $ 908,351 $ 1,596,465 $ 1,413,921 $ 3,289,625
Quantity of bitcoin, Bitcoin sold for redemptions (15,584.3819) (17,193.3147) (24,721.0841) (34,097.5269)
Fair Value, Bitcoin sold for redemptions $ (1,133,046) $ (1,675,052) $ (1,838,427) $ (3,217,535)
Quantity of bitcoin, Bitcoin sold to pay expenses (18.389) (32) (36.6) (52)
Fair Value, Bitcoin sold to pay expenses $ (1,307) $ (3,119) $ (2,631) $ (5,051)
Quantity of bitcoin, Net realized gain (loss) on investment in bitcoin sold to pay Sponsor Fee
Fair Value, Net realized gain (loss) on investment in bitcoin sold to pay Sponsor Fee $ (287) $ 593 $ (547) $ 1,129
Quantity of bitcoin, Net realized gain (loss) on investment in bitcoin sold for redemptions
Fair Value, Net realized gain (loss) on investment in bitcoin sold for redemptions $ (185,186) $ 339,579 $ (314,085) $ 661,158
Quantity of bitcoin, Change in unrealized appreciation (depreciation) on investment in bitcoin
Fair Value, Change in unrealized appreciation (depreciation) on investment in bitcoin $ (87,975) $ 859,932 $ (674,311) $ (47,364)
Quantity of bitcoin, Ending balance 32,178.228 46,722.8267 32,178.228 46,722.8267
Fair Value, Ending balance $ 1,889,314 $ 5,034,610 $ 1,889,314 $ 5,034,610