Fidelity Wise Origin Bitcoin Fund
For the period ended Mar 31, 2024. Filed May 9, 2024.
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Mar 31, 2024 · Filed May 9, 2024
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Unregistered Sales of Equity Securities and Use of Proceeds
Item 2. Unregistered Sales of Equity Securities and Use of Proceeds.
(a) On January 9, 2024, the Trust sold 500,000 Shares to FMR Capital, Inc., an affiliate of the Sponsor, for $40 per Share in a transaction exempt from registration under Section 4(a)(2) of the Securities Act of 1933, as amended. Proceeds from such sale were used to purchase bitcoin. No further sales of unregistered securities are contemplated.
(b) Not applicable.
(c) The Trust does not purchase Shares directly from its shareholders. The following table summarizes the redemptions by Authorized Participants during the three months ended March 31, 2024:
| Title of Securities Registered* · Date · Total Number of Shares Redeemed · Average Price Per Share | ||
|---|---|---|
| Fidelity® Wise Origin® Bitcoin Fund | ||
| Shares | ||
| 01/01/2024 to 1/31/2024 | — | — |
| 02/01/2024 to 2/29/2024 | — | — |
| 03/01/2024 to 3/31/2024 | 25,000 | $61.96 |
- The registration statement covers an indeterminate amount of securities to be offered or sold.
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