Form D · Hedge Fund

Bitwise Multi-Strategy Alpha Master Fund, Ltd.

Grand Cayman, E9 · CIK 0001952442

Offering snapshot reported Apr 13, 2026 · SEC filing

Reported sold
$100K
Indefinite offering
Investors reported
1
Form D · investor count
Minimum accepted
$1M
Reported outside-investor minimum
First sale
Oct 25, 2022
As reported in this filing

Fundraising history

Reported sold
Reported amount sold by Form D filing date$0$10.3M$20.6MNov 9, 2022: $10,450,000.00Nov 9, 2022Nov 13, 2023: $18,595,000.00Nov 13, 2023Apr 11, 2024: $18,595,000.00Apr 14, 2025: $20,645,000.00Apr 14, 2025Apr 13, 2026: $100,000.00Apr 13, 2026

Dates are filing dates, not cash receipt dates. Decreases are reported revisions, not evidence of withdrawals. Separate offering histories are not added together.

What changed?

Latest filing versus its linked predecessor, where available.

  • Reported sold$20,645,000 → $100,000
  • Reported investors3 → 1

Filing history

Scroll to see all columns →

FiledFiling typeReported soldChange vs linked filingInvestorsSource
Apr 13, 2026Amendment$100,000-$20,545,000vs Apr 14, 20251SEC filing
Apr 14, 2025Amendment$20,645,000$2,050,000vs Apr 11, 20243SEC filing
Apr 11, 2024Amendment$18,595,000$0vs Nov 13, 20233SEC filing
Nov 13, 2023Amendment$18,595,000$8,145,000vs Nov 9, 20223SEC filing
Nov 9, 2022Initial$10,450,000No comparison3SEC filing

Offering details

Securities
Equity, Pooled investment fund
Exemptions
06b, 3C, 3C.7
Duration over one year
Yes
Business combination
No
Sales commissions
$0
Finders' fees
$0
Form D file number
021-464358

Source: Form D, filed Apr 13, 2026. Minimum accepted may differ from a standard advertised minimum.

Fund connections

The linked fund shows its most recently reported ADV details.

Matched by reported Form D file number

BITWISE MULTI-STRATEGY ALPHA MASTER FUND LTD.

Investment adviser: BITWISE INVESTMENT MANAGER, LLC

Gross asset value
$31.6M
Beneficial owners
18
ADV minimum commitment
$1M

Reported in Form ADV on Jun 30, 2026. Fund assets and beneficial owners measure different things from Form D sales and investors.

Service providers

Fund administrator APEX GROUP LTD. HAMILTON, Bermuda Investor statements: Yes (provided to all investors) Related to adviser: No
Auditor KPMG GEORGE TOWN, Cayman Islands
Custodian ANCHORAGE DIGITAL BANK N.A. SIOUX FALLS, South Dakota, United States Related to adviser: No
Custodian ANCHORAGE INNOVATIONS, LLC SAN FRANCISCO, California, United States Related to adviser: No
Custodian COINBASE CUSTODY TRUST COMPANY, LLC NEW YORK, New York, United States Related to adviser: No
Custodian DEUTSCHE BANK AG NEW YORK, New York, United States Related to adviser: No
Custodian NORTHERN INSTITUTIONAL FUNDS CHICAGO, Illinois, United States Related to adviser: No
Custodian THE NORTHERN TRUST INTERNATIONAL BANKING CORPORATION JERSEY CITY, New Jersey, United States Related to adviser: No
Provider details
Annual audit
Yes
Prime brokers
No
Custodians
Yes
Administrator other than the adviser
Yes
External marketing
No

KPMG
PCAOB 1323

COINBASE CUSTODY TRUST COMPANY, LLC
LEI 549300ZHW72BH3BM4Q58

Filing source

Form ADV 2108662 · Jun 30, 2026 · Schedule D 7.B.(1), fund 805-8332335909

Official IAPD profile (latest public filing). Values are the most recently reported in our imported data; the public profile may show a newer filing.

People & organizations

Current and past Form D appearances. These existing records do not establish a person's current role or uniquely identify them across issuers.

People and organizations reported in Form D filings
NameReported role
Wendy Beer Director
Katherine Dowling Executive
Paul Fusaro Director
Lauren Stephanian Director
Jena Watson Director

Issuer details

Industry: Pooled Investment Fund (See others in industry)

Address:
Ugland House, South Church Street
Grand Cayman, E9, KY1-1104