AltMountain

BlockFi Bitcoin Trust

Jersey City, NJ · CIK 1842696
506(c)
Status: no Form D since Jan 2022. Funds file a Form D when they begin selling and amend it each year while the offering continues, so this fund has most likely stopped raising money. It may still be investing, or it may have closed or been dissolved. The details below are from its latest filing, kept here as a record.

BlockFi Bitcoin Trust is a private investment fund based in Jersey City, New Jersey. According to its most recent Form D, filed Jan 28, 2022, it has sold $109,546,505 of interests to 17 investors since its first sale in Dec 2020. The minimum investment it accepts from an outside investor is $50,000. The offering uses Rule 506(c), which permits general advertising to investors verified as accredited. Related persons named in the filing include Peter Sterling; Rene van Kesterer; Zachary Prince.

Total raised
$109,546,505Cumulative sales reported on Form D
Investors
17
First sale
Dec 31, 2020
Minimum investment
$50,000
Who can invest
Not stated
Offering exemption
Rule 506(c)May advertise; investors must be verified as accredited
Key people and entities
Peter Sterling; Rene van Kesterer; Zachary Prince
Latest Form D
Jan 28, 2022

From SEC filings, not verified. This page republishes the fund's Form D as filed. It is not an offer, solicitation or recommendation, and AltMountain has not reviewed the fund. “Raised” is cumulative sales, not current assets or performance. Returns are not part of SEC filings. Private funds are speculative, illiquid and generally limited to accredited investors or qualified purchasers. Full disclosures · Request a correction

Questions about BlockFi Bitcoin Trust

What is the minimum investment for BlockFi Bitcoin Trust?

According to its latest Form D, filed Jan 28, 2022, the minimum investment BlockFi Bitcoin Trust accepts from an outside investor is $50,000.

Who can invest in BlockFi Bitcoin Trust?

BlockFi Bitcoin Trust is generally open only to investors who meet the eligibility rules in its offering documents. It uses Rule 506(c), so it may advertise, but every investor must be verified as accredited.

How much has BlockFi Bitcoin Trust raised?

BlockFi Bitcoin Trust reports $109,546,505 sold from 17 investors on its Form D filed Jan 28, 2022. This is cumulative sales since the offering began, not current assets or performance.

Where is BlockFi Bitcoin Trust based?

BlockFi Bitcoin Trust is based in Jersey City, New Jersey.

When did BlockFi Bitcoin Trust launch?

BlockFi Bitcoin Trust reports its first sale in Dec 2020.

Size compared with every private investment fund

Raised more than 74% of the 189 private investment funds based in New Jersey, and more than 72% of all 10,266 that report sales.

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