{"filings":[{"id":177599,"accession_number":"0000950170-25-021165","cik":1763415,"company_name":"Bitwise Bitcoin ETF","ticker":"BITB","form_type":"8-K","filed_at":"2025-02-14T23:59:59+00:00","items":["1.02","7.01"],"status":"ready","headline":"Bitwise Bitcoin ETF terminates Osprey bitcoin buyout; Osprey pays settlement on Feb 10, 2025","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["Asset Purchase Agreement (APA) dated Aug 26, 2024 terminated Feb 10, 2025 after Osprey paid undisclosed settlement.","Osprey requested structural amendments then unilaterally terminated APA to pursue an alternative business opportunity.","Bitwise asserts Osprey had no unilateral termination right under APA; settlement negotiated after termination notice.","Deal would have exchanged Osprey's bitcoin for BITB shares; no transaction completed."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.55,"calibrated_materiality_score":0.55,"market_cap_usd":null,"market_cap_bucket":null,"market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":210643,"accession_number":"0000950170-24-102165","cik":1763415,"company_name":"Bitwise Bitcoin ETF","ticker":"BITB","form_type":"8-K","filed_at":"2024-08-30T23:59:59+00:00","items":["1.01","7.01","9.01"],"status":"ready","headline":"Bitwise Bitcoin ETF to acquire Osprey Bitcoin Trust assets; OBTC holders to get BITB shares","summary_kind":"llm","event_type":"m_and_a","confidence":"high","bullets":["APA signed Aug. 26, 2024; BITB to acquire all bitcoin of Osprey Bitcoin Trust (OBTC) for BITB shares.","OBTC unitholders will receive BITB shares via liquidating distribution; no changes for existing BITB holders.","Transaction expected to close in Q4 2024; intended to be tax-free for OBTC unitholders under U.S. federal income tax.","Closing subject to customary conditions, including SEC registration of the Consideration Shares."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":null,"market_cap_bucket":null,"market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null}],"next_cursor":null}