The Triangle Bitcoin Fund

The Triangle Bitcoin Fund, Ltd., a closed end investment fund formed under the laws
of Bermuda and sanctioned by the Bermuda Monetary Authority

FUND INFORMATION

The Triangle Bitcoin Fund, Ltd.

Sponsor:Triangle Fund Management, Ltd., a Bermuda Corporation
Offering:2.5mm shares @ $10 per share
Currency:USD / EURO
Issue:$25 million to non-US based high net worth individuals and institutional accounts.
Minimum:$25,000 investment (lesser amounts at the Managers discretion)
Subscriptions:Allowed weekly following initial launch of the Fund
Management Fee:1.25% reducing as per Offering Memorandum
Custodian:NYDIG
Administrator:Opus Fund Services
Objective:Long term capital appreciation through exposure to Bitcoin holdings
Termination:The Fund does not have a fixed termination date
Auditor:Mazars
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Use of Proceeds

Substantially all of the net proceeds of the Offering will be used to purchase Bitcoin for the Fund’s portfolio following the Initial Closing Date

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Redemption

Following the holding period, the Fund will allow monthly redemption of purchased Units and/or provide remarketing services for investors who wish to exit the Fund. Terms as per Offering Memorandum

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Risk Factors

There are many risk factors associated with an investment in the Fund. See the Offering Memorandum for an exhaustive list

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Holding Period

There is a three (3) month holding period required before a redemption of shares can be processed

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Listing Exchange

It is anticipated that the Fund, at some time in the future, will be granted a listing on the Bermuda Stock Exchange (BSX) for the purposes of making a public market in the Fund Units, although there is no guaranty that it will, in fact be granted such listing. The Manager has initiated discussions with the owners of the BSX

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Income Tax

Each investor should satisfy himself or herself as to the tax consequences of an investment in Units by obtaining advice from his or her own tax advisor.

HISTORICAL PRICES

Historical Bitcoin Prices

The Fund's investment objective is to provide investors exposure to bitcoin through an institutional-quality fund platform.

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