AltMountain

Grayscale Bitcoin Trust (BTC)

Stamford, CT · CIK 1588489
506(c)
Status: no Form D since Jan 2024. 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.

Grayscale Bitcoin Trust (BTC) is a private investment fund based in Stamford, Connecticut. According to its most recent Form D, filed Jan 4, 2024, it has sold $7,463,189,917 of interests to 976 investors since its first sale in Sep 2013. 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 Genesis Global Trading, Inc; Ross Hugh; Mark Shifke.

Total raised
$7,463,189,917Cumulative sales reported on Form D
Investors
976
First sale
Sep 25, 2013
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
Genesis Global Trading, Inc; Ross Hugh; Mark Shifke
Latest Form D
Jan 4, 2024

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 Grayscale Bitcoin Trust (BTC)

What is the minimum investment for Grayscale Bitcoin Trust (BTC)?

According to its latest Form D, filed Jan 4, 2024, the minimum investment Grayscale Bitcoin Trust (BTC) accepts from an outside investor is $50,000.

Who can invest in Grayscale Bitcoin Trust (BTC)?

Grayscale Bitcoin Trust (BTC) 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 Grayscale Bitcoin Trust (BTC) raised?

Grayscale Bitcoin Trust (BTC) reports $7,463,189,917 sold from 976 investors on its Form D filed Jan 4, 2024. This is cumulative sales since the offering began, not current assets or performance.

Where is Grayscale Bitcoin Trust (BTC) based?

Grayscale Bitcoin Trust (BTC) is based in Stamford, Connecticut.

When did Grayscale Bitcoin Trust (BTC) launch?

Grayscale Bitcoin Trust (BTC) reports its first sale in Sep 2013.

Size compared with every private investment fund

Raised more than 98% of the 307 private investment funds based in Connecticut, and more than 99% of all 10,266 that report sales.

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