OTCMKTS:GBTC

Grayscale Bitcoin Trust (BTC) - GBTC Stock Forecast, Price & News

$16.36

+0.54 (+3.41%)

(As of 03/31/2023 12:00 AM ET)

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Today's Range: $15.91
▼
$16.42
50-Day Range: $10.39
▼
$16.36
52-Week Range: $7.46
▼
$33.18

Volume: 2.68 million shs
Average Volume: 3.58 million shs
Market Capitalization: N/A

P/E Ratio: N/A
Dividend Yield: N/A
Price Target: N/A

About Grayscale Bitcoin Trust (BTC) (OTCMKTS:GBTC) Stock

Grayscale Bitcoin Trust (BTC) engages in the holding of Bitcoin and issuance of common units of fractional undivided beneficial interest in exchange for Bitcoin. The company was founded on September 13, 2013 and is headquartered in Stamford, CT.

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GBTC Stock News Headlines

March 20, 2023 | marketbeat.com

GBTC: The One Place to Buy Bitcoin for 58 Cents on the Dollar

The biggest Bitcoin closed-end fund trades at a deep discount to its assets, driven by nearly two years of hedge fund liquidations. Is GBTC turning the corner?

March 17, 2023 | finance.yahoo.com

Investors Flee Crypto Funds at Record Rate Despite Bitcoin’s Bullish Turn

April 2, 2023 | Vantage Point (Ad)

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March 16, 2023 | finance.yahoo.com

Grayscale Investments® Provides Update on Distribution of Rights to Ethereum Proof of Work Tokens

March 15, 2023 | marketwatch.com

GBTC jumps this week while Grayscale CEO ‘encouraged’ after oral arguments in court battle with SEC over spot bitcoin ETF

March 9, 2023 | finance.yahoo.com

ETF conversion is a chance to take largest bitcoin fund ‘closer into regulatory perimeter’: Grayscale CEO

March 9, 2023 | 247wallst.com

GBTC Up 9.6% After Gaining Ground Against the SEC in Court

March 8, 2023 | forbes.com

Bitcoin Trust Discount Narrows As Outlook For Grayscale Court Victory Improves

April 2, 2023 | Vantage Point (Ad)

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March 8, 2023 | finance.yahoo.com

Grayscale CEO Michael Sonnenshein: “We remain hopeful that the courts will be ruling in our favor”

March 7, 2023 | msn.com

GBTC discount narrows following arguments in Grayscale-SEC lawsuit

March 7, 2023 | bloomberg.com

Grayscale-SEC Fight Could Clear the Way for Anybody to Speculate on Bitcoin

March 7, 2023 | msn.com

Court set to hear arguments in Grayscale's lawsuit against SEC over bitcoin fund

March 6, 2023 | msn.com

FTX’s Alameda Sues Grayscale Over Fees, Redemptions From Crypto Trusts

March 6, 2023 | cnbc.com

The push for a bitcoin ETF is going to court. Here's what you need to know

March 6, 2023 | finance.yahoo.com

FTX debtors file lawsuit against Grayscale Investments

February 23, 2023 | barrons.com

This Bitcoin Fund Has Another $7 Billion of Untapped Value. Too Bad Investors Can’t Get to It.

February 22, 2023 | finance.yahoo.com

UPDATE 1-Grayscale would appeal lawsuit against SEC if court rejects case, CEO says

February 2, 2023 | finance.yahoo.com

Osprey Funds Sues Grayscale for Misleading Advertising on Crypto Trust

February 2, 2023 | barrons.com

Competitor Sues Manager of the Largest Bitcoin Fund, Alleging Deceptive Practices

January 31, 2023 | 247wallst.com

Grayscale's Legal Woes Worsen as Osprey Sues for 'False and Misleading' Claims

January 30, 2023 | finance.yahoo.com

Investors Who Bet on Bitcoin Fund in Retirement Accounts Pay the Price

January 26, 2023 | morningstar.com

Grayscale may 'ultimately' consider tender offer for bitcoin trust, if lawsuit against SEC fails, CEO says

January 24, 2023 | finance.yahoo.com

Grayscale Bitcoin Trust Investors Want to Cash In With ETF. It’s an Uphill Fight for CEO.

January 20, 2023 | finance.yahoo.com

Bitcoin Is Calm. But Genesis Bankruptcy Could Cause Lasting Damage to Crypto.

January 16, 2023 | proactiveinvestors.com

Grayscale faces the fight of its life to retain control of flagship bitcoin trust

January 11, 2023 | msn.com

Valkyrie Investments Offers To Run Grayscale Bitcoin Trust After Fir Tree Accuses The ETF Of Mismanagement

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GBTC Company Calendar

Today: 4/02/2023
Next Earnings (Estimated): 5/04/2023

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Industry, Sector and Symbol

Stock Exchange: OTCMKTS
Industry: Investment Trusts & Mutual Funds
Sub-Industry: N/A
Sector: Miscellaneous
Current Symbol: OTCMKTS:GBTC
CUSIP: N/A
CIK: 1588489
Web: grayscale.co
Phone: (212) 668-1427
Fax: N/A
Employees: N/A
Year Founded: N/A

Profitability

EPS (Most Recent Fiscal Year): N/A
Trailing P/E Ratio: N/A
Forward P/E Ratio: N/A
P/E Growth: N/A
Net Income: N/A
Net Margins: N/A
Pretax Margin: N/A
Return on Equity: N/A
Return on Assets: N/A

Debt

Debt-to-Equity Ratio: N/A
Current Ratio: N/A
Quick Ratio: N/A

Sales & Book Value

Annual Sales: N/A
Price / Sales: N/A
Cash Flow: N/A
Price / Cash Flow: N/A
Book Value: N/A
Price / Book: N/A

Miscellaneous

Outstanding Shares: N/A
Free Float: N/A
Market Cap: N/A
Optionable: Not Optionable
Beta: N/A

Key Executives

Michael Sonnenshein
Chief Executive Officer & Director

Hugh Ross
Chief Operating Officer

Edward McGee
Chief Financial Officer

Benjamin Melnicki
Chief Compliance Officer

Key Competitors

View All Competitors

GBTC Stock - Frequently Asked Questions

How have GBTC shares performed in 2023?: Grayscale Bitcoin Trust (BTC)'s stock was trading at $8.29 at the beginning of the year. Since then, GBTC shares have increased by 97.3% and is now trading at $16.36.
View the best growth stocks for 2023 here.
Are investors shorting Grayscale Bitcoin Trust (BTC)?: Grayscale Bitcoin Trust (BTC) saw a drop in short interest during the month of March. As of March 15th, there was short interest totaling 3,702,900 shares, a drop of 34.6% from the February 28th total of 5,663,500 shares. Based on an average daily trading volume, of 7,791,700 shares, the short-interest ratio is currently 0.5 days.
View Grayscale Bitcoin Trust (BTC)'s Short Interest.
When is Grayscale Bitcoin Trust (BTC)'s next earnings date?: The company is scheduled to release its next quarterly earnings announcement on Thursday, May 4th 2023.
View our GBTC earnings forecast.
What ETFs hold Grayscale Bitcoin Trust (BTC)'s stock?: ETFs with the largest weight of Grayscale Bitcoin Trust (BTC) (OTCMKTS:GBTC) stock in their portfolio include Invesco Alerian Galaxy Blockchain Users and Decentralized Commerce ETF (BLKC) and Simplify U.S. Equity PLUS GBTC ETF (SPBC).ARK Next Generation Internation ETF (ARKW).

When did Grayscale Bitcoin Trust (BTC)'s stock split?: Shares of Grayscale Bitcoin Trust (BTC) split on Friday, January 26th 2018. The 91-1 split was announced on Thursday, January 11th 2018. The newly issued shares were distributed to shareholders after the market closes on Thursday, January 25th 2018. An investor that had 100 shares of stock prior to the split would have 9,100 shares after the split.
What other stocks do shareholders of Grayscale Bitcoin Trust (BTC) own?: Based on aggregate information from My MarketBeat watchlists, some companies that other Grayscale Bitcoin Trust (BTC) investors own include NVIDIA (NVDA), Micron Technology (MU), Advanced Micro Devices (AMD), Tesla (TSLA), Block (SQ), Alibaba Group (BABA), Gilead Sciences (GILD), PayPal (PYPL) and Yamana Gold (AUY).
What is Grayscale Bitcoin Trust (BTC)'s stock symbol?: Grayscale Bitcoin Trust (BTC) trades on the OTCMKTS under the ticker symbol "GBTC."
How do I buy shares of Grayscale Bitcoin Trust (BTC)?: Shares of GBTC stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include WeBull, Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Robinhood, Fidelity, and Charles Schwab.
Compare Top Brokerages Here.
What is Grayscale Bitcoin Trust (BTC)'s stock price today?: One share of GBTC stock can currently be purchased for approximately $16.36.
How can I contact Grayscale Bitcoin Trust (BTC)?: Grayscale Bitcoin Trust (BTC)'s mailing address is 636 Avenue of the Americas, NEW YORK, NY 10011-4228, United States. The official website for the company is grayscale.co. The company can be reached via phone at (212) 668-1427.

This page (OTCMKTS:GBTC) was last updated on 4/2/2023 by MarketBeat.com Staff

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