v3.25.1
Significant Accounting Policies (Tables)
12 Months Ended
Dec. 31, 2024
Accounting Policies [Abstract]  
Fair Value, Assets Measured on Recurring Basis [Table Text Block]

The following is a summary of the fair value hierarchy as of December 31, 2024:

 

   Level 1   Level 2   Level 3   Total 
Assets                
Investment in bitcoin  $1,280,450,332   $
—
   $
—
   $1,280,450,332 
Changes In Quantity Of Bitcoin And The Respective Fair Value [Table Text Block]

The following represents the changes in quantity of bitcoin and the respective fair value:

 

   Bitcoin   Fair Value 
Beginning balance as of January 1, 2024 
—
   $
—
 
Bitcoin contributed   17,847.12    1,145,131,271 
Bitcoin withdrawn   (4,130.29)    (283,712,958) 
Net change in unrealized appreciation on investment in bitcoin   
—
    384,606,755 
Net realized gain on investment in bitcoin   
—
    34,425,264 
Ending balance as of December 31, 2024   13,716.83   $1,280,450,332