STATEMENTS OF ASSETS AND LIABILITIES - USD ($) $ in Thousands	Dec. 31, 2025	Dec. 31, 2024
Assets:
Investment in Bitcoin, at fair value (cost $3,916,367 and $2,660,957 as of December 31, 2025 and 2024, respectively)	$ 4,243,952	$ 3,550,034
Total assets	4,243,952	3,550,034
Liabilities:
Sponsor's Fee payable, related party	0	0
Total liabilities	0	0
Net Assets	$ 4,243,952	$ 3,550,034
Shares issued and outstanding, no par value (unlimited Shares authorized)	109,539,963	85,769,963
Principal Market NAV per Share	$ 38.74	$ 41.39	[1]

[1] Per Share amounts have been retroactively adjusted to reflect the 1-for-5 Reverse Share Split of the Trust’s issued and outstanding Shares completed on November 19, 2024.