Bitcoin Fund Units Class A T.QBTC

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The Bitcoin Fund (the Fund) is a Canada-based closed-ended investment fund. The investment objectives of the Fund are to seek to provide unitholders of the Fund with exposure to the digital asset bitcoin (bitcoin) and the daily price movements of the United States dollar price of bitcoin, and the opportunity for long-term capital appreciation. The Fund invests in long-term holdings of bitcoin, purchased from reputable bitcoin trading platforms and OTC counterparties, in order to provide investors with a convenient, safer alternative to a direct investment in bitcoin.

TSX:QBTC - Post by User

Bitcoin Fund Units Class A

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Post by insidersnoop1on Dec 05, 2020 12:39pm

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Private Placements

QUOTE :

Private Placements

The Bitcoin Fund is currently open for daily private placement subscriptions in reliance on the “accredited investor” exemption from the prospectus requirement in Canada and applicable exemptions from registration in the United States, subject to completion of appropriate private placement documents and compliance with applicable securities laws in the jurisdiction of residence of the purchaser. Following a four-month holding period, investors in the private placement may elect to sell their shares on the TSX under the ticker symbol: QBTC.U

Link : https://3iq.ca/the-bitcoin-fund/

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