BTC Miners Fund 4, a Series of Spacestation Investments 1, LLC 2026: Is It Legit? Form D Raise, Investors, Who Is Behind It

Q: Is BTC Miners Fund 4, a Series of Spacestation Investments 1, LLC legit?

AltStreet does not rate legitimacy; it reports the public record. BTC Miners Fund 4, a Series of Spacestation Investments 1, LLC filed a Form D with the SEC on May 29, 2025 claiming Rule 506(b). A Form D is a notice of an exempt offering, not a review or approval of it. The newest notice reports $323,858 sold to 4 investors. AltStreet's enforcement record (SEC, FINRA and state actions) shows no action naming the issuer as of today. Before investing, confirm the filing on EDGAR, check the seller's registration on FINRA BrokerCheck, and read the offering documents, which a Form D does not include.

Q: Is BTC Miners Fund 4, a Series of Spacestation Investments 1, LLC registered with or approved by the SEC?

No. A Form D is a notice that an issuer is selling securities under an exemption from registration, and the SEC does not review, approve, or pass on the merits of the offering. The filing shows that BTC Miners Fund 4, a Series of Spacestation Investments 1, LLC claimed Rule 506(b) and disclosed the items the form requires, such as the amount sold, the minimum investment, related persons, and anyone paid to sell the securities. It does not verify the issuer's claims or its business.

Q: Who can invest in BTC Miners Fund 4, a Series of Spacestation Investments 1, LLC?

The offering relies on Rule 506(b), which permits sales to accredited investors and to no more than 35 non-accredited investors who meet a sophistication standard, and prohibits general solicitation. The filing reports no non-accredited investors. The filing lists the minimum investment as $0, meaning no minimum was stated.

Q: What is the minimum investment in BTC Miners Fund 4, a Series of Spacestation Investments 1, LLC?

The Form D lists the minimum investment as $0, which means the issuer did not state a minimum on the form. The offering documents, not the Form D, set the actual subscription terms.

Q: Who is selling BTC Miners Fund 4, a Series of Spacestation Investments 1, LLC and how are they paid?

The Form D names no recipient of sales compensation, which usually means the issuer or its affiliates are placing the securities directly. Sales commissions are reported as $0 and finders' fees as $0. Form D allows these to be estimates.

Q: Who is behind BTC Miners Fund 4, a Series of Spacestation Investments 1, LLC?

The Form D lists 1 related person: Sean Holladay, executive officer (Vice President). Form D Item 3 requires executive officers, directors, and promoters of the issuer to be listed.

Q: Where is BTC Miners Fund 4, a Series of Spacestation Investments 1, LLC located?

The issuer's address on its SEC filings is 377 Marshall Way Suite 2, Layton, UT 84101. Its phone number of record is (480) 734-8232. It is organized under the laws of Delaware.

Q: How long is the BTC Miners Fund 4, a Series of Spacestation Investments 1, LLC offering open?

The issuer indicated that the offering is not intended to last more than one year. An issuer must amend its Form D annually while a continuing offering stays open, and no amendment is on record yet.

AltStreetEDGAR DatabaseBTC Miners Fund 4, a Series of Spacestation Investments 1, LLC
EDGAR Verified
Primary Source · SEC.gov
BTC Miners Fund 4, a Series of Spacestation Investments 1, LLCFund Vehicle2025 vintageRule 506(b)Filing record
Built from the SEC filing index the day the filing landed. The figures below are the issuer's own from Form D; AltStreet's analysis, sponsor link and data flags follow when the entity is enriched.
Latest signalNew Form D filerForm D · 2025-05-29Last filing 2025-05-29
Raised
$324K
Investors
4
Min Invest
None stated
What this filing shows·Every sentence is a value as filed on SEC Form D
BTC Miners Fund 4, a Series of Spacestation Investments 1, LLC is a Delaware limited liability company that filed a Form D with the SEC on May 29, 2025, describing itself as a other investment fund. The offering claims Rule 506(b) and covers equity. BTC Miners Fund 4, a Series of Spacestation Investments 1, LLC reported $323,858 sold from 4 investors of a $323,858 total offering as of the Form D filed May 29, 2025. The offering relies on Rule 506(b), which permits sales to accredited investors and to no more than 35 non-accredited investors who meet a sophistication standard, and prohibits general solicitation. The filing reports no non-accredited investors. The filing lists the minimum investment as $0, meaning no minimum was stated. The Form D names no recipient of sales compensation, which usually means the issuer or its affiliates are placing the securities directly. Sales commissions are reported as $0 and finders' fees as $0. Form D allows these to be estimates. The issuer's address of record is 377 Marshall Way Suite 2, Layton, UT 84101.
EDGAR Filing Data
Form D — Primary Source
View on SEC.gov 
CIK Number0002056473
Entity NameBTC Miners Fund 4, a Series of Spacestation Investments 1, LLC
ExemptionRule 506(b)
What the exemption meansRule 506(b) of Regulation D: securities may be sold to an unlimited number of accredited investors and up to 35 non-accredited investors who meet the rule's sophistication standard, without general solicitation or advertising.
Entity TypeLimited Liability Company
Jurisdiction of OrganizationDelaware
Issuer Address377 Marshall Way Suite 2, Layton, UT 84101
Phone(480) 734-8232
Industry / Fund TypePooled Investment Fund · Other Investment Fund
Securities TypeEquity
First Sale DateDecember 31, 2021
Filing DateMay 29, 2025
Accession Number0002056474-25-000003
Total Offering Amount$323,858
Total Amount Sold$323,858
Amount Remaining$0
Total Investors4
Non-Accredited InvestorsNone
Minimum Investment$0 (no stated minimum)
Offering DurationOne year or less
Sales Commissions$0
Finders' Fees$0
Net Asset Value RangeDecline to Disclose
State (Issuer Address)UT
Amendment CountOriginal filing only
Filings on Record
Every filing AltStreet's ledger holds for this CIK, newest first. Each opens the SEC archive folder.
DMay 29, 20250002056474-25-000003
Fund Family
Every vehicle in this manager's series as it appears on EDGAR, newest generation first. Sold-to-date and investor counts are each vehicle's latest Form D.
Fund family
Spacestation Investments28 vehicles · 20 generations · since 2022 · $62.3M sold across the family
This issuer is in Fund IV · Fund III had sold $819K at the same age (17 months from first filing)
VehicleRoleFirst filedStatusSoldInvestors
Fund 90 · first filed 2026-02-03 · 1 vehicle · $969K sold · 98 investors
Spacestation 90, a series of Spacestation Investments 1, LLC2026-02-03closed$969K98
Fund 89 · first filed 2025-12-16 · 1 vehicle · $2.1M sold · 184 investors
Spacestation 89, a series of Spacestation Investments 1, LLC2025-12-16closed$2.1M184
Fund 88 · first filed 2025-12-11 · 1 vehicle · $1.1M sold · 67 investors
Spacestation 88, a series of Spacestation Investments 1, LLC2025-12-11closed$1.1M67
Fund 87 · first filed 2025-12-19 · 1 vehicle · $4.2M sold · 173 investors
Spacestation 87, a series of Spacestation Investments 1, LLC2025-12-19closed$4.2M173
Fund 85 · first filed 2025-08-14 · 1 vehicle · $1.3M sold · 64 investors
Spacestation 85, a series of Spacestation Investments 1, LLC2025-08-14closed$1.3M64
Fund 80 · first filed 2025-08-05 · 1 vehicle · $605K sold · 62 investors
Spacestation 80, a series of Spacestation Investments 1, LLC2025-08-05closed$605K62
Fund 48 · first filed 2022-10-19 · 1 vehicle · $30K sold · 2 investors
Spacestation 48, a series of Spacestation Investments 1, LLC2022-10-19lapsed$30K2
Fund XIV · first filed 2026-10-08 · 1 vehicle · $2.2M sold · 244 investors
SPVC 14, a series of Spacestation Investments LP2026-10-08closed$2.2M244
Fund XIII · first filed 2026-09-29 · 1 vehicle · $2.5M sold · 219 investors
SPVC 13, a series of Spacestation Investments LP2026-09-29closed$2.5M219
Fund XI · first filed 2026-09-23 · 1 vehicle · $1.3M sold · 200 investors
SPVC 11, a series of Spacestation Investments LP2026-09-23closed$1.3M200
Fund X · first filed 2026-10-16 · 1 vehicle · $1.2M sold · 108 investors
SPVC 10, a series of Spacestation Investments LP2026-10-16closed$1.2M108
Fund IX · first filed 2026-08-13 · 1 vehicle · $5.3M sold · 310 investors
SPVC 09, a series of Spacestation Investments LP2026-08-13closed$5.3M310
Fund VIII · first filed 2026-06-04 · 1 vehicle · $3.1M sold · 220 investors
SPVC 08, a series of Spacestation Investments LP2026-06-04closed$3.1M220
Fund VII · first filed 2026-04-30 · 1 vehicle · $1.9M sold · 208 investors
SPVC 07, a series of Spacestation Investments LP2026-04-30closed$1.9M208
Fund VI · first filed 2025-05-29 · 2 vehicles · $3.5M sold · 180 investors
SPVC 06, a series of Spacestation Investments LP2026-06-11closed$3.1M168
BTC Miners Fund 6, a Series of Spacestation Investments 1, LLC2025-05-29closed$380K12
Fund V · first filed 2025-05-29 · 2 vehicles · $12.2M sold · 429 investors
SPVC 05, a series of Spacestation Investments LP2026-04-21closed$7.5M312
BTC Miners Fund 5, a Series of Spacestation Investments 1, LLC2025-05-29closed$4.7M117
Fund IV · first filed 2025-05-29 · 2 vehicles · $1.9M sold · 134 investors
BTC Miners Fund 4, a Series of Spacestation Investments 1, LLCthis issuer2025-05-29closed$324K4
SPVC 04, a series of Spacestation Investments LP2026-04-16closed$1.5M130
Fund III · first filed 2026-03-10 · 1 vehicle · $819K sold · 73 investors
SPVC 03, a series of Spacestation Investments LP2026-03-10closed$819K73
Fund II · first filed 2025-05-29 · 2 vehicles · $5.2M sold · 253 investors
BTC Miners Fund 2, a Series of Spacestation Investments 1, LLC2025-05-29closed$2.9M79
SPVC 02, a series of Spacestation Investments LP2026-03-16closed$2.3M174
Fund I · first filed 2025-06-25 · 2 vehicles · $5.1M sold · 101 investors
BTC Miners Fund 1, a Series of Spacestation Investments 1, LLC2025-06-25closed$4.3M20
SPVC 01, a Series of Spacestation Investments LP2026-02-11closed$807K81
Unnumbered · first filed 2025-05-29 · 3 vehicles · $6.0M sold · 76 investors
Spacestation Beast, a series of Spacestation Investments 1, LLC2025-08-12closed$5.1M59
NexGen Power, a series of Spacestation Investments 1, LLC2025-05-29closed$595K12
ReGen Power, a series of Spacestation Investments 1, LLC2025-12-11closed$275K5
Grouped from Form D issuer names (generation, sleeve, jurisdiction and legal-form tokens removed); a name-only match, so abbreviated or renamed vehicles can be missed. Sold and investor figures are each vehicle's latest Form D; sleeves that report the same figure share one family-wide total and are counted once. Performance lines are what a public pension plan reports for its own interest in that fund, net, on the plan's cash flows and valuation date; they are not the general partner's figures.
In the Terminal
Filing events
1
latest May 29, 2025
Critical / warning
0 / 0
0 watch · 1 info
Statements extracted
0
none on file
NAV prints
0
none on file
Offering chains
1
closed
Latest event New filer · May 29, 2025
SEC.gov
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1 filing event with values and deltas, latest 2025-05-29, and alerts on the next one
1 offering timeline: velocity, share raised, first-sale lag, stalled flags
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Related Persons (Form D)
Executive officers, directors, and promoters listed on the SEC Form D filing. Source: SEC.gov.
Sean Holladay
Executive Officer · Layton, UT
Vice President
Questions About BTC Miners Fund 4, a Series of Spacestation Investments 1, LLC
Each answer is built from the values on the SEC filing and the AltStreet ledger, not from the issuer's marketing.
What is BTC Miners Fund 4, a Series of Spacestation Investments 1, LLC?BTC Miners Fund 4, a Series of Spacestation Investments 1, LLC is a Delaware limited liability company that filed a Form D with the SEC on May 29, 2025 as a other investment fund. The filing claims Rule 506(b) for an offering of equity.
Is BTC Miners Fund 4, a Series of Spacestation Investments 1, LLC legit?AltStreet does not rate legitimacy; it reports the public record. BTC Miners Fund 4, a Series of Spacestation Investments 1, LLC filed a Form D with the SEC on May 29, 2025 claiming Rule 506(b). A Form D is a notice of an exempt offering, not a review or approval of it. The newest notice reports $323,858 sold to 4 investors. AltStreet's enforcement record (SEC, FINRA and state actions) shows no action naming the issuer as of today. Before investing, confirm the filing on EDGAR, check the seller's registration on FINRA BrokerCheck, and read the offering documents, which a Form D does not include.
Is BTC Miners Fund 4, a Series of Spacestation Investments 1, LLC registered with or approved by the SEC?No. A Form D is a notice that an issuer is selling securities under an exemption from registration, and the SEC does not review, approve, or pass on the merits of the offering. The filing shows that BTC Miners Fund 4, a Series of Spacestation Investments 1, LLC claimed Rule 506(b) and disclosed the items the form requires, such as the amount sold, the minimum investment, related persons, and anyone paid to sell the securities. It does not verify the issuer's claims or its business.
How much has BTC Miners Fund 4, a Series of Spacestation Investments 1, LLC raised?BTC Miners Fund 4, a Series of Spacestation Investments 1, LLC reported $323,858 sold from 4 investors of a $323,858 total offering as of the Form D filed May 29, 2025.
Who can invest in BTC Miners Fund 4, a Series of Spacestation Investments 1, LLC?The offering relies on Rule 506(b), which permits sales to accredited investors and to no more than 35 non-accredited investors who meet a sophistication standard, and prohibits general solicitation. The filing reports no non-accredited investors. The filing lists the minimum investment as $0, meaning no minimum was stated.
What is the minimum investment in BTC Miners Fund 4, a Series of Spacestation Investments 1, LLC?The Form D lists the minimum investment as $0, which means the issuer did not state a minimum on the form. The offering documents, not the Form D, set the actual subscription terms.
Who is selling BTC Miners Fund 4, a Series of Spacestation Investments 1, LLC and how are they paid?The Form D names no recipient of sales compensation, which usually means the issuer or its affiliates are placing the securities directly. Sales commissions are reported as $0 and finders' fees as $0. Form D allows these to be estimates.
Who is behind BTC Miners Fund 4, a Series of Spacestation Investments 1, LLC?The Form D lists 1 related person: Sean Holladay, executive officer (Vice President). Form D Item 3 requires executive officers, directors, and promoters of the issuer to be listed.
Where is BTC Miners Fund 4, a Series of Spacestation Investments 1, LLC located?The issuer's address on its SEC filings is 377 Marshall Way Suite 2, Layton, UT 84101. Its phone number of record is (480) 734-8232. It is organized under the laws of Delaware.
How long is the BTC Miners Fund 4, a Series of Spacestation Investments 1, LLC offering open?The issuer indicated that the offering is not intended to last more than one year. An issuer must amend its Form D annually while a continuing offering stays open, and no amendment is on record yet.
How large is BTC Miners Fund 4, a Series of Spacestation Investments 1, LLC?The issuer declined to disclose its net asset value range on the Form D, which the form permits.
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Capital raise figures, investor counts, and filing dates are sourced directly from SEC EDGAR Form D primary documents via the SEC EDGAR submissions API and full-text search index. EDGAR entity profiles and deal-level data are reviewed by AltStreet analysts with backgrounds in corporate finance and securities law — cross-referenced against offering circulars, audited financial statements, and primary regulatory filings before publication. Platform-provided information, where present, is clearly labeled and does not affect EDGAR data or AltStreet editorial coverage. Platforms may request factual corrections for demonstrable inaccuracies by contacting [email protected]. This page does not constitute investment advice.

Vehicle	First filed	Status	Sold	Investors
Fund 90 · first filed 2026-02-03 · 1 vehicle · $969K sold · 98 investors
Spacestation 90, a series of Spacestation Investments 1, LLC	2026-02-03	closed	$969K	98
Fund 89 · first filed 2025-12-16 · 1 vehicle · $2.1M sold · 184 investors
Spacestation 89, a series of Spacestation Investments 1, LLC	2025-12-16	closed	$2.1M	184
Fund 88 · first filed 2025-12-11 · 1 vehicle · $1.1M sold · 67 investors
Spacestation 88, a series of Spacestation Investments 1, LLC	2025-12-11	closed	$1.1M	67
Fund 87 · first filed 2025-12-19 · 1 vehicle · $4.2M sold · 173 investors
Spacestation 87, a series of Spacestation Investments 1, LLC	2025-12-19	closed	$4.2M	173
Fund 85 · first filed 2025-08-14 · 1 vehicle · $1.3M sold · 64 investors
Spacestation 85, a series of Spacestation Investments 1, LLC	2025-08-14	closed	$1.3M	64
Fund 80 · first filed 2025-08-05 · 1 vehicle · $605K sold · 62 investors
Spacestation 80, a series of Spacestation Investments 1, LLC	2025-08-05	closed	$605K	62
Fund 48 · first filed 2022-10-19 · 1 vehicle · $30K sold · 2 investors
Spacestation 48, a series of Spacestation Investments 1, LLC	2022-10-19	lapsed	$30K	2
Fund XIV · first filed 2026-10-08 · 1 vehicle · $2.2M sold · 244 investors
SPVC 14, a series of Spacestation Investments LP	2026-10-08	closed	$2.2M	244
Fund XIII · first filed 2026-09-29 · 1 vehicle · $2.5M sold · 219 investors
SPVC 13, a series of Spacestation Investments LP	2026-09-29	closed	$2.5M	219
Fund XI · first filed 2026-09-23 · 1 vehicle · $1.3M sold · 200 investors
SPVC 11, a series of Spacestation Investments LP	2026-09-23	closed	$1.3M	200
Fund X · first filed 2026-10-16 · 1 vehicle · $1.2M sold · 108 investors
SPVC 10, a series of Spacestation Investments LP	2026-10-16	closed	$1.2M	108
Fund IX · first filed 2026-08-13 · 1 vehicle · $5.3M sold · 310 investors
SPVC 09, a series of Spacestation Investments LP	2026-08-13	closed	$5.3M	310
Fund VIII · first filed 2026-06-04 · 1 vehicle · $3.1M sold · 220 investors
SPVC 08, a series of Spacestation Investments LP	2026-06-04	closed	$3.1M	220
Fund VII · first filed 2026-04-30 · 1 vehicle · $1.9M sold · 208 investors
SPVC 07, a series of Spacestation Investments LP	2026-04-30	closed	$1.9M	208
Fund VI · first filed 2025-05-29 · 2 vehicles · $3.5M sold · 180 investors
SPVC 06, a series of Spacestation Investments LP	2026-06-11	closed	$3.1M	168
BTC Miners Fund 6, a Series of Spacestation Investments 1, LLC	2025-05-29	closed	$380K	12
Fund V · first filed 2025-05-29 · 2 vehicles · $12.2M sold · 429 investors
SPVC 05, a series of Spacestation Investments LP	2026-04-21	closed	$7.5M	312
BTC Miners Fund 5, a Series of Spacestation Investments 1, LLC	2025-05-29	closed	$4.7M	117
Fund IV · first filed 2025-05-29 · 2 vehicles · $1.9M sold · 134 investors
BTC Miners Fund 4, a Series of Spacestation Investments 1, LLCthis issuer	2025-05-29	closed	$324K	4
SPVC 04, a series of Spacestation Investments LP	2026-04-16	closed	$1.5M	130
Fund III · first filed 2026-03-10 · 1 vehicle · $819K sold · 73 investors
SPVC 03, a series of Spacestation Investments LP	2026-03-10	closed	$819K	73
Fund II · first filed 2025-05-29 · 2 vehicles · $5.2M sold · 253 investors
BTC Miners Fund 2, a Series of Spacestation Investments 1, LLC	2025-05-29	closed	$2.9M	79
SPVC 02, a series of Spacestation Investments LP	2026-03-16	closed	$2.3M	174
Fund I · first filed 2025-06-25 · 2 vehicles · $5.1M sold · 101 investors
BTC Miners Fund 1, a Series of Spacestation Investments 1, LLC	2025-06-25	closed	$4.3M	20
SPVC 01, a Series of Spacestation Investments LP	2026-02-11	closed	$807K	81
Unnumbered · first filed 2025-05-29 · 3 vehicles · $6.0M sold · 76 investors
Spacestation Beast, a series of Spacestation Investments 1, LLC	2025-08-12	closed	$5.1M	59
NexGen Power, a series of Spacestation Investments 1, LLC	2025-05-29	closed	$595K	12
ReGen Power, a series of Spacestation Investments 1, LLC	2025-12-11	closed	$275K	5