Grayscale Bitcoin Trust (BTC) Files 8-K

TL;DR

GBTC filed an 8-K, just a routine update, nothing new to see here.

AI Summary

On October 24, 2024, Grayscale Bitcoin Trust (BTC) filed an 8-K report. The filing primarily serves as a notification of current events and does not disclose specific new transactions or material changes, but confirms the company's ongoing reporting status. The report details the company's identification numbers and addresses.

Why It Matters

This filing confirms Grayscale Bitcoin Trust's ongoing compliance with SEC reporting requirements, providing transparency for investors regarding its operational status.

Risk Assessment

Risk Level: low — The filing is a standard 8-K current report, indicating routine operational updates rather than significant new risks or opportunities.

Key Numbers

• 20241024 — Report Date (Date of earliest event reported)

Key Players & Entities

• Grayscale Bitcoin Trust (BTC) (company) — Registrant
• 290 Harbor Drive, 4th Floor, Stamford, Connecticut 06902 (address) — Principal Executive Offices
• 001-41906 (company) — Commission File Number
• 46-7019388 (company) — IRS Employer Identification No.

FAQ

Filing Documents

• gbtc-20241024.htm (8-K) — 39KB
• 0000950170-24-117109.txt ( ) — 151KB
• gbtc-20241024.xsd (EX-101.SCH) — 26KB
• gbtc-20241024_htm.xml (XML) — 5KB

01. Other Events

Item 8.01. Other Events. On October 24, 2024, Grayscale Investments, LLC, the sponsor (the "Sponsor") of Grayscale Bitcoin Trust (BTC) (the "Trust") announced its intention to change the name of the Trust to Grayscale Bitcoin Trust ETF, effective November 4, 2024. In connection with the name change the Sponsor plans to amend the Seventh Amended and Restated Declaration of Trust and Trust Agreement dated as of March 15, 2024, as amended by Amendment No. 1 dated as of March 15, 2024 and Amendment No. 2 dated as of May 7, 2024, as may be further amended from time to time, to reflect the name change, also effective November 4, 2024. Trading under the new name is expected to begin on November 4, 2024. Shares of the Trust will continue to trade on NYSE Arca under the trading symbol "GBTC". Outstanding stock certificates for shares of the Trust are not affected by the name change; they continue to be valid and need not be exchanged.

SIGNATURES

SIGNATURES Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned thereunto duly authorized. Grayscale Investments, LLC as Sponsor of Grayscale Bitcoin Trust (BTC) Date: October 24, 2024 By: /s/ Edward McGee Name: Edward McGee Title: Chief Financial Officer* * The Registrant is a trust and the identified person signing this report is signing in their capacity as an authorized officer of Grayscale Investments, LLC, the Sponsor of the Registrant.

View Full Filing

View this 8-K filing on SEC EDGAR