Instuitional Investor - Multicoin Capital Management, Llc

13F Holdings

Filing Period:

No.	Security	Ticker	Shares	Value	% Port
1.	Grayscale Bitcoin Trust (Btc)		1,321,808	$112,128,973	89.88%
2.	Grayscale Bitcoin Mini Tret		264,361	$12,623,238	10.12%