| 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 |
|
|
13,289.25478462 |
|
|
|
1,384,510 |
|
Bitcoin redeemed |
|
|
(3,517.53594793 |
) |
|
|
(328,623 |
) |
Bitcoin distributed for expenses |
|
|
(48.38833982 |
) |
|
|
(4,971 |
) |
Net change in unrealized appreciation/depreciation |
|
|
- |
|
|
|
791,573 |
|
Net realized gain |
|
|
- |
|
|
|
68,598 |
|
Balance at September 30, 2025 |
|
|
47,736.24179635 |
|
|
$ |
5,461,121 |
|
|
|
|
|
|
|
|
(Amounts in thousands, except Bitcoin amounts) |
|
Quantity |
|
|
Fair Value |
|
Balance at December 31, 2025 |
|
|
48,474.93659149 |
|
|
$ |
4,243,952 |
|
Bitcoin contributed |
|
|
18,982.24127691 |
|
|
|
1,326,995 |
|
Bitcoin redeemed |
|
|
(4,308.88880514 |
) |
|
|
(310,456 |
) |
Bitcoin distributed for expenses |
|
|
(60.95012406 |
) |
|
|
(4,445 |
) |
Net change in unrealized appreciation/depreciation |
|
|
- |
|
|
|
50,803 |
|
Net realized loss |
|
|
- |
|
|
|
(35,892 |
) |
Balance at September 30, 2026 |
|
|
63,087.33893920 |
|
|
$ |
5,270,957 |
|
|