0001999371-24-000555.txt : 20240119 0001999371-24-000555.hdr.sgml : 20240119 20240119095243 ACCESSION NUMBER: 0001999371-24-000555 CONFORMED SUBMISSION TYPE: 424B3 PUBLIC DOCUMENT COUNT: 1 FILED AS OF DATE: 20240119 DATE AS OF CHANGE: 20240119 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Valkyrie Bitcoin Fund CENTRAL INDEX KEY: 0001841175 STANDARD INDUSTRIAL CLASSIFICATION: [6221] ORGANIZATION NAME: 09 Crypto Assets IRS NUMBER: 000000000 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 424B3 SEC ACT: 1933 Act SEC FILE NUMBER: 333-252344 FILM NUMBER: 24544053 BUSINESS ADDRESS: STREET 1: 100 CRESCENT COURT, FLOOR 7 CITY: DALLAS STATE: TX ZIP: 75201 BUSINESS PHONE: 6063322201 MAIL ADDRESS: STREET 1: 100 CRESCENT COURT, FLOOR 7 CITY: DALLAS STATE: TX ZIP: 75201 424B3 1 bitcoin-424b3_011924.htm PROSPECTUS

 

Filed pursuant to Rule 424(b)(3)

File No. 333-252344

 

VALKYRIE BITCOIN FUND 

(the “Trust”)

 

Supplement dated January 19, 2024 

to 

Prospectus dated January 10, 2024

 

This supplement updates the prospectus dated January 10, 2024 of the Trust with the following information. It should be read in its entirety and kept together with your prospectus(es) for future reference.

 

The following information replaces the “Relationship to CoinShares” section of the prospectus that appears under the caption “THE SPONSOR”:

 

Relationship to CoinShares

 

On January 12, 2024, CoinShares International Limited (“CoinShares”) exercised an option to purchase certain rights and assets of Valkyrie Investments Inc., the parent of the Sponsor. Neither the Trust nor the Sponsor is a party to the option agreement. As a result of the transactions contemplated by the option, CoinShares may become an affiliate of the Sponsor. Whether, when and how CoinShares becomes an affiliate of the Sponsor will be determined through the negotiation of a definitive agreement by Valkyrie Investments Inc. and CoinShares. Furthermore, the completion of the transactions contemplated by the option are subject to satisfactory completion of CoinShare’s due diligence and obtaining the approval of the CoinShares board. There can be no guarantee that any transactions contemplated by the option will be consummated or whether such transactions would result in the Sponsor becoming an affiliate of CoinShares. The Sponsor will notify Shareholders of the completion of the transactions contemplated by the option by means of a prospectus supplement or Current Report on Form 8-K.