State Ledger
Company profile

CoinShares Bitcoin ETF CIK 1841175

Ticker
BRRR (Nasdaq)
Industry
Commodity Contracts Brokers & Dealers
Headquarters
New York, NY 10022
Fiscal year end
2025 (FY)
Market Data
Close
$23.34
Change
-$0.16
Change %
-0.68%
Volume
181

BRRR · trading date Oct 9, 2026 · previous close $23.50 · source: Alpaca (IEX feed, not consolidated full-market data).

Key Financials
Revenue
—
Net income
-$49.71M
Total assets
$505.49M
Total liabilities
$109.0K
Stockholders' equity
$505.38M
Cash & equivalents
—
Operating income
-$1.62M
Operating cash flow
—
Capital expenditures
—

Fiscal year 2025, via 10-K filed 2026-03-10. A dash means this figure wasn't reported in the source filing under a field State Ledger recognizes - not that the value is zero.

Financial Performance
Operating margin
—
Net margin
—
Free cash flow
—
Free cash flow margin
—
Liabilities / assets
0.0%
Equity / assets
100.0%
CapEx / revenue
—
Operating cash flow / net income
—

Derived from the fiscal year 2025 figures above. These metrics are mathematical calculations and do not represent a rating or assessment of the company.

Financial History
Fiscal yearRevenueNet incomeAssetsLiabilitiesEquity
2025 — -$49.71M $505.49M $109.0K $505.38M
2024 — $306.96M $826.31M $190.3K $826.12M
2023 — — $0 $0 $0
Company Details
SIC code
6221
State of incorporation
DE
Active filer
Yes
Most recent SEC filing
Form 10-Q
2026-08-12
Financials filed via
Form 10-K
filed 2026-03-10

"Most recent SEC filing" may differ from the filing used for the financial figures above.

Location
New York, NY 10022
437 MADISON AVENUE, 28TH FLOOR
Data & Methodology

SEC EDGAR submissions API (identity, collected Sep 19, 2026, 15:11 UTC) and SEC XBRL Company Facts API (financials, collected Sep 26, 2026, 15:45 UTC) · figures as originally filed, not restated · a dash always means a value wasn't reported, never a real zero.

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