OTCMKTS:GBTC - Bitcoin Investment Trust Stock Price, Price Target & More

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$11.49 +1.19 (+11.55 %)
(As of 07/18/2018 06:23 AM ET)
Previous Close$10.30
Today's Range$10.32 - $11.60
52-Week Range$2.7692 - $38.7143
Volume5.22 million shs
Average Volume4.15 million shs
Market Capitalization$2.37 billion
P/E RatioN/A
Dividend YieldN/A
Beta-0.27
Bitcoin Investment Trust holds bitcoins and, from time to time, issues creation baskets in exchange for deposits of bitcoins and distributes bitcoins in connection with redemption baskets. The activities of the Trust includes issuing Baskets in exchange for bitcoins deposited by the authorized participants or liquidity providers, as applicable, with the custodian as consideration and transferring actual bitcoins as necessary to cover the combined fee and selling bitcoins as necessary to pay extraordinary fees. The activities of the Trust also includes transferring actual bitcoins in exchange for Baskets surrendered for redemption by the authorized participants, causing the sponsor to sell bitcoins on the termination of the Trust. The Trust also engages in all administrative and custodial procedures necessary to accomplish such activities in accordance with the provisions of the trust agreement, the custodian agreement, the license agreements and the participant agreements.

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Industry, Sector and Symbol

Stock Exchange OTCMKTS
Industry N/A
Sub-IndustryN/A
SectorN/A
SymbolOTCMKTS:GBTC
CUSIPN/A
Phone+1-212-6685920

Debt

Debt-to-Equity RatioN/A
Current RatioN/A
Quick RatioN/A

Price-To-Earnings

Trailing P/E RatioN/A
Forward P/E RatioN/A
P/E GrowthN/A

Sales & Book Value

Annual SalesN/A
Price / SalesN/A
Cash FlowN/A
Price / CashN/A
Book ValueN/A
Price / BookN/A

Profitability

EPS (Most Recent Fiscal Year)N/A
Net IncomeN/A
Net MarginsN/A
Return on EquityN/A
Return on AssetsN/A

Miscellaneous

EmployeesN/A
Outstanding Shares1,870,000
Market Cap$2,370.00

The Truth About Cryptocurrencies

Bitcoin Investment Trust (OTCMKTS:GBTC) Frequently Asked Questions

What is Bitcoin Investment Trust's stock symbol?

Bitcoin Investment Trust trades on the OTCMKTS under the ticker symbol "GBTC."

When did Bitcoin Investment Trust's stock split? How did Bitcoin Investment Trust's stock split work?

Shares of Bitcoin Investment Trust split on Friday, January 26th 2018. The 91-1 split was announced on Thursday, January 11th 2018. The newly created shares were distributed to shareholders after the closing bell on Thursday, January 25th 2018. An investor that had 100 shares of Bitcoin Investment Trust stock prior to the split would have 9,100 shares after the split.

What price target have analysts set for GBTC?

2 brokerages have issued twelve-month target prices for Bitcoin Investment Trust's stock. Their predictions range from $8.35 to $153.8462. On average, they expect Bitcoin Investment Trust's share price to reach $81.0981 in the next twelve months. This suggests a possible upside of 605.8% from the stock's current price. View Analyst Ratings for Bitcoin Investment Trust.

What is the consensus analysts' recommendation for Bitcoin Investment Trust?

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Bitcoin Investment Trust in the last year. There are currently 1 sell rating and 1 buy rating for the stock, resulting in a consensus recommendation of "Hold."

Has Bitcoin Investment Trust been receiving favorable news coverage?

News headlines about GBTC stock have trended somewhat negative on Wednesday, Accern Sentiment reports. Accern scores the sentiment of news coverage by analyzing more than twenty million news and blog sources in real-time. Accern ranks coverage of public companies on a scale of negative one to one, with scores closest to one being the most favorable. Bitcoin Investment Trust earned a media sentiment score of -0.02 on Accern's scale. They also assigned news coverage about the company an impact score of 45.24 out of 100, meaning that recent news coverage is somewhat unlikely to have an impact on the company's share price in the near term.

How do I buy shares of Bitcoin Investment Trust?

Shares of GBTC can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Vanguard Brokerage Services, TD Ameritrade, E*TRADE, Scottrade, Fidelity and Charles Schwab.

What is Bitcoin Investment Trust's stock price today?

One share of GBTC stock can currently be purchased for approximately $11.49.

How big of a company is Bitcoin Investment Trust?

Bitcoin Investment Trust has a market capitalization of $2.37 billion.

How can I contact Bitcoin Investment Trust?

Bitcoin Investment Trust's mailing address is 636 Avenue of the Americas, NEW YORK, NY 10011-4228, United States. The company can be reached via phone at +1-212-6685920.


MarketBeat Community Rating for Bitcoin Investment Trust (OTCMKTS GBTC)

Community Ranking:  2.5 out of 5 (star star half star)
Outperform Votes:  88 (Vote Outperform)
Underperform Votes:  91 (Vote Underperform)
Total Votes:  179
MarketBeat's community ratings are surveys of what our community members think about Bitcoin Investment Trust and other stocks. Vote "Outperform" if you believe GBTC will outperform the S&P 500 over the long term. Vote "Underperform" if you believe GBTC will underperform the S&P 500 over the long term. You may vote once every thirty days.
This page was last updated on 7/18/2018 by MarketBeat.com Staff

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