10-Q Filing
Filing Information
| Form Type | 10-Q |
| Accession Number | 0000950170-24-056545 |
| Period End Date | 20240331 |
| Filing Date | 20240509 |
| Fiscal Year | 2024 |
| Fiscal Period | Q1 |
| XBRL Instance | ck0001852317-20240331_htm.xml |
Filing Contents
This filing contains the following financial statements:
Balance Sheet
64 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Investment in bitcoin, at fair value |
InvestmentOwnedAtCost
|
- | USD | Point-in-time |
| Investment in bitcoin, at fair value |
InvestmentOwnedAtCost
|
- | USD | Point-in-time |
| Investment in bitcoin, at fair value |
InvestmentOwnedAtCost
|
$7.59B | USD | Point-in-time |
| Investment in bitcoin, at fair value |
InvestmentOwnedAtCost
|
$7.59B | USD | Point-in-time |
| Investment in bitcoin, at fair value (cost $7,587,410 and $0) |
InvestmentOwnedAtFairValue
|
- | USD | Point-in-time |
| Investment in bitcoin, at fair value (cost $7,587,410 and $0) |
InvestmentOwnedAtFairValue
|
- | USD | Point-in-time |
| Investment in bitcoin, at fair value (cost $7,587,410 and $0) |
InvestmentOwnedAtFairValue
|
$10.22B | USD | Point-in-time |
| Investment in bitcoin, at fair value (cost $7,587,410 and $0) |
InvestmentOwnedAtFairValue
|
$10.22B | USD | Point-in-time |
| Common stock, par value |
CommonStockParOrStatedValuePerShare
|
- | USD | Point-in-time |
| Common stock, par value |
CommonStockParOrStatedValuePerShare
|
- | USD | Point-in-time |
| Common stock, par value |
CommonStockParOrStatedValuePerShare
|
- | USD | Point-in-time |
| Common stock, par value |
CommonStockParOrStatedValuePerShare
|
- | USD | Point-in-time |
| Common stock, shares issued |
CommonStockSharesIssued
|
165.47M | shares | Point-in-time |
| Common stock, shares issued |
CommonStockSharesIssued
|
165.47M | shares | Point-in-time |
| Common stock, shares issued |
CommonStockSharesIssued
|
1.00 | shares | Point-in-time |
| Common stock, shares issued |
CommonStockSharesIssued
|
1.00 | shares | Point-in-time |
| Common stock, shares outstanding |
CommonStockSharesOutstanding
|
1.00 | shares | Point-in-time |
| Common stock, shares outstanding |
CommonStockSharesOutstanding
|
1.00 | shares | Point-in-time |
| Common stock, shares outstanding |
CommonStockSharesOutstanding
|
165.47M | shares | Point-in-time |
| Common stock, shares outstanding |
CommonStockSharesOutstanding
|
165.47M | shares | Point-in-time |
| Cash |
Cash
|
- | USD | Point-in-time |
| Cash |
Cash
|
- | USD | Point-in-time |
| Cash |
Cash
|
- | USD | Point-in-time |
| Cash |
Cash
|
- | USD | Point-in-time |
| Receivables from issuance of capital shares |
ReceivablesFromCustomers
|
- | USD | Point-in-time |
| Receivables from issuance of capital shares |
ReceivablesFromCustomers
|
- | USD | Point-in-time |
| Receivables from issuance of capital shares |
ReceivablesFromCustomers
|
$68.15M | USD | Point-in-time |
| Receivables from issuance of capital shares |
ReceivablesFromCustomers
|
$68.15M | USD | Point-in-time |
| Total assets |
Assets
|
$10.28B | USD | Point-in-time |
| Total assets |
Assets
|
$10.28B | USD | Point-in-time |
| Total assets |
Assets
|
- | USD | Point-in-time |
| Total assets |
Assets
|
- | USD | Point-in-time |
| Payable for purchases of bitcoin |
PayableForPurchasesOfBitcoin
|
$68.15M | USD | Point-in-time |
| Payable for purchases of bitcoin |
PayableForPurchasesOfBitcoin
|
$68.15M | USD | Point-in-time |
| Payable for purchases of bitcoin |
PayableForPurchasesOfBitcoin
|
- | USD | Point-in-time |
| Payable for purchases of bitcoin |
PayableForPurchasesOfBitcoin
|
- | USD | Point-in-time |
| Total Liabilities |
Liabilities
|
- | USD | Point-in-time |
| Total Liabilities |
Liabilities
|
- | USD | Point-in-time |
| Total Liabilities |
Liabilities
|
$68.15M | USD | Point-in-time |
| Total Liabilities |
Liabilities
|
$68.15M | USD | Point-in-time |
| Commitments and Contingencies (Note 6) |
CommitmentsAndContingencies
|
- | USD | Point-in-time |
| Commitments and Contingencies (Note 6) |
CommitmentsAndContingencies
|
- | USD | Point-in-time |
| Commitments and Contingencies (Note 6) |
CommitmentsAndContingencies
|
- | USD | Point-in-time |
| Commitments and Contingencies (Note 6) |
CommitmentsAndContingencies
|
- | USD | Point-in-time |
| Shares, no par value (unlimited shares authorized) 165,475,000 and 1 share(s) issued and outstanding at March 31, 2024 and December 31, 2023, respectively |
CommonStockValue
|
- | USD | Point-in-time |
| Shares, no par value (unlimited shares authorized) 165,475,000 and 1 share(s) issued and outstanding at March 31, 2024 and December 31, 2023, respectively |
CommonStockValue
|
- | USD | Point-in-time |
| Shares, no par value (unlimited shares authorized) 165,475,000 and 1 share(s) issued and outstanding at March 31, 2024 and December 31, 2023, respectively |
CommonStockValue
|
- | USD | Point-in-time |
| Shares, no par value (unlimited shares authorized) 165,475,000 and 1 share(s) issued and outstanding at March 31, 2024 and December 31, 2023, respectively |
CommonStockValue
|
- | USD | Point-in-time |
| Paid-In-Capital |
AdditionalPaidInCapital
|
$7.59B | USD | Point-in-time |
| Paid-In-Capital |
AdditionalPaidInCapital
|
$7.59B | USD | Point-in-time |
| Paid-In-Capital |
AdditionalPaidInCapital
|
- | USD | Point-in-time |
| Paid-In-Capital |
AdditionalPaidInCapital
|
- | USD | Point-in-time |
| Total Distributable Earnings (Loss) |
RetainedEarningsAccumulatedDeficit
|
- | USD | Point-in-time |
| Total Distributable Earnings (Loss) |
RetainedEarningsAccumulatedDeficit
|
- | USD | Point-in-time |
| Total Distributable Earnings (Loss) |
RetainedEarningsAccumulatedDeficit
|
$2.63B | USD | Point-in-time |
| Total Distributable Earnings (Loss) |
RetainedEarningsAccumulatedDeficit
|
$2.63B | USD | Point-in-time |
| Total Net Assets |
StockholdersEquity
|
$10.22B | USD | Point-in-time |
| Total Net Assets |
StockholdersEquity
|
$10.22B | USD | Point-in-time |
| Total Net Assets |
StockholdersEquity
|
- | USD | Point-in-time |
| Total Net Assets |
StockholdersEquity
|
- | USD | Point-in-time |
| Net asset value per share (165,475,000 and 1 share(s) issued and outstanding as of March 31, 2024 and December 31, 2023, respectively) |
NetAssetValuePerShare
|
$61.74 | USD | Point-in-time |
| Net asset value per share (165,475,000 and 1 share(s) issued and outstanding as of March 31, 2024 and December 31, 2023, respectively) |
NetAssetValuePerShare
|
$61.74 | USD | Point-in-time |
| Net asset value per share (165,475,000 and 1 share(s) issued and outstanding as of March 31, 2024 and December 31, 2023, respectively) |
NetAssetValuePerShare
|
$40.00 | USD | Point-in-time |
| Net asset value per share (165,475,000 and 1 share(s) issued and outstanding as of March 31, 2024 and December 31, 2023, respectively) |
NetAssetValuePerShare
|
$40.00 | USD | Point-in-time |
Income Statement
20 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Investment income |
InvestmentIncomeInterest
|
- | USD | 1 Quarter |
| Investment income |
InvestmentIncomeInterest
|
- | USD | 1 Quarter |
| Sponsor's fee, related party |
SponsorFees
|
$2.83M | USD | 1 Quarter |
| Sponsor's fee, related party |
SponsorFees
|
$2.83M | USD | 1 Quarter |
| Total expenses before waiver |
OperatingCostsAndExpenses
|
$2.83M | USD | 1 Quarter |
| Total expenses before waiver |
OperatingCostsAndExpenses
|
$2.83M | USD | 1 Quarter |
| Sponsor fee waived |
InvestmentCompanyContractualFeeWaived
|
$2.83M | USD | 1 Quarter |
| Sponsor fee waived |
InvestmentCompanyContractualFeeWaived
|
$2.83M | USD | 1 Quarter |
| Net expenses |
NetInvestmentIncome
|
- | USD | 1 Quarter |
| Net expenses |
NetInvestmentIncome
|
- | USD | 1 Quarter |
| Net Investment Income (Loss) |
InvestmentIncomeNet
|
- | USD | 1 Quarter |
| Net Investment Income (Loss) |
InvestmentIncomeNet
|
- | USD | 1 Quarter |
| Net realized gain (loss) on investment in bitcoin |
RealizedInvestmentGainsLosses
|
$-51.00K | USD | 1 Quarter |
| Net realized gain (loss) on investment in bitcoin |
RealizedInvestmentGainsLosses
|
$-51.00K | USD | 1 Quarter |
| Net change in unrealized appreciation (depreciation) on investment in bitcoin |
UnrealizedGainLossOnInvestments
|
$2.63B | USD | 1 Quarter |
| Net change in unrealized appreciation (depreciation) on investment in bitcoin |
UnrealizedGainLossOnInvestments
|
$2.63B | USD | 1 Quarter |
| Net Realized and Unrealized Gain (Loss) on Investment in Bitcoin |
GainLossOnInvestments
|
$2.63B | USD | 1 Quarter |
| Net Realized and Unrealized Gain (Loss) on Investment in Bitcoin |
GainLossOnInvestments
|
$2.63B | USD | 1 Quarter |
| Net Increase (Decrease) in Net Assets Resulting from Operations |
ProfitLoss
|
$2.63B | USD | 1 Quarter |
| Net Increase (Decrease) in Net Assets Resulting from Operations |
ProfitLoss
|
$2.63B | USD | 1 Quarter |
Cash Flow Statement
28 line items
| Line Item | Tag | Value | Unit | Period |
|---|---|---|---|---|
| Net increase (decrease) in net assets resulting from operations |
ProfitLoss
|
$2.63B | USD | 1 Quarter |
| Net increase (decrease) in net assets resulting from operations |
ProfitLoss
|
$2.63B | USD | 1 Quarter |
| Payments for purchases of bitcoin |
PaymentsForPurchaseOfInvestmentOperatingActivity
|
$7.52B | USD | 1 Quarter |
| Payments for purchases of bitcoin |
PaymentsForPurchaseOfInvestmentOperatingActivity
|
$7.52B | USD | 1 Quarter |
| Proceeds from bitcoin sold |
ProceedsFromDispositionOfInvestmentOperatingActivity
|
$1.55M | USD | 1 Quarter |
| Proceeds from bitcoin sold |
ProceedsFromDispositionOfInvestmentOperatingActivity
|
$1.55M | USD | 1 Quarter |
| Net realized (gain) loss on investment in bitcoin |
RealizedInvestmentGainsLosses
|
$-51.00K | USD | 1 Quarter |
| Net realized (gain) loss on investment in bitcoin |
RealizedInvestmentGainsLosses
|
$-51.00K | USD | 1 Quarter |
| Net change in unrealized (appreciation) depreciation on investment in bitcoin |
UnrealizedGainLossOnInvestments
|
$2.63B | USD | 1 Quarter |
| Net change in unrealized (appreciation) depreciation on investment in bitcoin |
UnrealizedGainLossOnInvestments
|
$2.63B | USD | 1 Quarter |
| Net cash provided by (used in) operating activities |
NetCashProvidedByUsedInOperatingActivities
|
$-7.52B | USD | 1 Quarter |
| Net cash provided by (used in) operating activities |
NetCashProvidedByUsedInOperatingActivities
|
$-7.52B | USD | 1 Quarter |
| Proceeds from issuance of capital shares |
ProceedsFromIssuanceOfCommonStock
|
$7.52B | USD | 1 Quarter |
| Proceeds from issuance of capital shares |
ProceedsFromIssuanceOfCommonStock
|
$7.52B | USD | 1 Quarter |
| Cash paid for redemption of capital shares |
PaymentsForRepurchaseOfCommonStock
|
$1.55M | USD | 1 Quarter |
| Cash paid for redemption of capital shares |
PaymentsForRepurchaseOfCommonStock
|
$1.55M | USD | 1 Quarter |
| Net cash provided by (used in) financing activities |
NetCashProvidedByUsedInFinancingActivities
|
$7.52B | USD | 1 Quarter |
| Net cash provided by (used in) financing activities |
NetCashProvidedByUsedInFinancingActivities
|
$7.52B | USD | 1 Quarter |
| Net increase (decrease) in cash |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
- | USD | 1 Quarter |
| Net increase (decrease) in cash |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect
|
- | USD | 1 Quarter |
| Cash, beginning of the period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
- | USD | Point-in-time |
| Cash, beginning of the period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
- | USD | Point-in-time |
| Cash, beginning of the period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
- | USD | Point-in-time |
| Cash, beginning of the period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
- | USD | Point-in-time |
| Cash, end of the period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
- | USD | Point-in-time |
| Cash, end of the period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
- | USD | Point-in-time |
| Cash, end of the period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
- | USD | Point-in-time |
| Cash, end of the period |
CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalents
|
- | USD | Point-in-time |
Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.