Grayscale Bitcoin Mini Trust swings to $496.6M quarterly loss as Bitcoin price falls 45%

Filed August 4, 2026 · Period ending June 30, 2026 · Compared to 10-Q Aug 1, 2025 · ~1 min read

Key Changes

• high

  Net loss of $496.6M for Q2 2026, versus a $1.06B gain a year earlier, driven by Bitcoin's price drop from $107,754 to $58,745.

  MD&A: Bitcoin price and net asset performance verify on EDGAR →
• high

  Net assets fell 33% to $3.19B despite a 23% increase in shares outstanding, as Bitcoin's fair value declined 45% year-over-year.

  Notes: Net assets verify on EDGAR →
• medium

  Trust changed its valuation index from CoinDesk Bitcoin Price Index (XBX) to CoinDesk Bitcoin Benchmark Rate effective April 1, 2026.

  MD&A: Index methodology change verify on EDGAR →