from my personal experience, it sounds a little harsh in the highs and slightly veiled on first start; after 24 hours it sounds a lot clearer but the veil/harshness doesn't really go away until around 48 hours. it continues to improve subtly (more nuance/microdynamics/involvement) until about a week in, where it just starts to sound effortless/refined and all harshness/veil is gone. I describe the sound as "breathtaking" at that point, it just sounds so good
as for why warming-up can make a difference, mike moffat has mentioned that
multibit dacs need time to settle into their INL spec.
resistors vary with temperature, and the very precise resistor values in multibit dacs need time to thermally stabilize and output the correct voltages (i.e. the INL error lowers as the resistors stabilize).
it seems to take around 24-48 hours for this to happen in 16-bit dacs, but from my personal experience the bifrost 2/64 takes up to a week to fully stabilize into what its fully capable of, similar to the gungnir a2 which I consider the bifrost 2/64 to be roughly on par with when fully warmed up/stabilized