The molecular structure of the highly oxygen-sensitive complex [L³Cu^I(NCCH₃)](BF₄) (1) reveals approximately symmetrical coordination by the fac-tridentate (tripodal) ligand L³ = tris(3-isopropyl-4,5-trimethylenepyrazolyl)methane and a rather short Cu^I-N(acetonitrile) distance of 1.865(5) Ã…. In CH₂Cl₂ at -78 °C the colourless compound reacts with O₂ to yield a labile purple intermediate (λ_max 517 nm) - presumably a peroxodicopper(II) complex - which decomposes at -30 °C. No such intermediate was observed on reaction of the Cu^I complex of bis(2-pyridylmethyl)benzylamine with O₂ at -80 °C. However, an EPR spectrum with g^|| = 2.17 and g^_|_ = 2.03 without ^63,65Cu hyperfine splitting was observed at low temperatures. Exposure of the precursor 1 to air under ambient conditions yields dinuclear [L³Cu^||(μ-OH)₂Cu^IIL³](BF₄)₂ (2) which exhibits an EPR detectable dissociation into monomers in CH₂Cl₂ solution. The structure of the hexakis(dichloromethane) solvate of 2 with Cu-Cu and Cu-O distances of 3.055 and 1.94Ã…, respectively, is typical for dihydroxo-bridged dicopper compounds with square-pyramidal Cu^|| configuration (Ï„ = 0.03), adopting an anti arrangement. In agreement with the relatively wide Cu-O-Cu angles of 103.5° an analysis of the temperature dependence of the magnetic susceptibility revealed a rather strong (J = -633 cm^-1) antiparallel spin-spin coupling. The effect is ascribed to the steric bulk of the ligand L³.