GRAYSCALE BITCOIN TRUST ETF

Ticker: GBTC CUSIP: 389637109 Class: ETF

LAKEWOOD CAPITAL MANAGEMENT, LP's Holding History (CIK: 0001424381)

Note: Option positions (PUT/CALL) are excluded.

Q4 2025
Shares 123,500 Value ($000) $8,442 Avg Close — Range —
Q3 2025
Shares 123,500 Value ($000) $11,087 Avg Close — Range —
Q2 2025
Shares 123,500 Value ($000) $10,477 Avg Close — Range —
Q1 2025
Shares 123,500 Value ($000) $8,048 Avg Close — Range —
Q4 2024
Shares 123,500 Value ($000) $9,141 Avg Close — Range —
Q3 2024
Shares 123,500 Value ($000) $6,237 Avg Close — Range —
Q2 2024
Shares 123,500 Value ($000) $6,575 Avg Close — Range —
Q1 2024
Shares 123,500 Value ($000) $7,801 Avg Close — Range —