Quarterly Statements of Operations (Tables)

12 Months Ended

Jun. 30, 2025

Quarterly Financial Information Disclosure [Abstract]

Schedule of Quarterly Statements of Operations

	Three Months Ended (unaudited)
(Amounts in thousands)	Sept-30, 2024			Dec-31, 2024			Mar-31, 2025			Jun-30, 2025			Year Ended June 30, 2025
Expenses
Manager's Fee, related party	$	3,135		$	4,138		$	4,414		$	4,446		$	16,133
Net investment loss	$	(3,135	)	$	(4,138	)	$	(4,414	)	$	(4,446	)	$	(16,133	)
Net realized and unrealized (loss) gain from:
Net realized gain on investments in digital assets		3,140			3,708			10,530			4,888			22,266
Net change in unrealized (depreciation) appreciation on investments in digital assets		(20,358	)		232,027			(141,229	)		173,693			244,133
Net realized and unrealized (loss) gain on investments		(17,218	)		235,735			(130,699	)		178,581			266,399
Net (decrease) increase in net assets resulting from operations	$	(20,353	)	$	231,597		$	(135,113	)	$	174,135		$	250,266

	Three Months Ended (unaudited)
(Amounts in thousands)	Sept-30, 2023			Dec-31, 2023			Mar-31, 2024			Jun-30, 2024			Year Ended June 30, 2024
Expenses
Manager's Fee, related party	$	1,584		$	1,980		$	2,882		$	3,426		$	9,872
Net investment loss	$	(1,584	)	$	(1,980	)	$	(2,882	)	$	(3,426	)	$	(9,872	)
Net realized and unrealized (loss) gain from:
Net realized gain (loss) on investments in digital assets		1,701			1,343			10,033			(5,574	)		7,503
Net change in unrealized appreciation on investments in digital assets		(32,520	)		134,194			225,325			(70,306	)		256,693
Net realized and unrealized (loss) gain on investments		(30,819	)		135,537			235,358			(75,880	)		264,196
Net (decrease) increase in net assets resulting from operations	$	(32,403	)	$	133,557		$	232,476		$	(79,306	)	$	254,324