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

From the Filing

0000950170-24-117109.txt : 20241024 0000950170-24-117109.hdr.sgml : 20241024 20241024171350 ACCESSION NUMBER: 0000950170-24-117109 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 11 CONFORMED PERIOD OF REPORT: 20241024 ITEM INFORMATION: Other Events FILED AS OF DATE: 20241024 DATE AS OF CHANGE: 20241024 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Grayscale Bitcoin Trust (BTC) CENTRAL INDEX KEY: 0001588489 STANDARD INDUSTRIAL CLASSIFICATION: [6221] ORGANIZATION NAME: 09 Crypto Assets IRS NUMBER: 467019388 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-41906 FILM NUMBER: 241393445 BUSINESS ADDRESS: STREET 1: 290 HARBOR DRIVE STREET 2: 4TH FLOOR CITY: STAMFORD STATE: CT ZIP: 06902 BUSINESS PHONE: 212-668-1427 MAIL ADDRESS: STREET 1: 290 HARBOR DRIVE STREET 2: 4TH FLOOR CITY: STAMFORD STATE: CT ZIP: 06902 FORMER COMPANY: FORMER CONFORMED NAME: Bitcoin Investment Trust DATE OF NAME CHANGE: 20131004 8-K 1 gbtc-20241024.htm 8-K 8-K false 0001588489 0001588489 2024-10-24 2024-10-24     UNITED STATES SECURITIES AND EXCHANGE COMMISSION WASHINGTON, D.C. 20549   FORM 8-K   CURRENT REPORT Pursuant to Section 13 or 15(d) of the Securities Exchange Act of 1934 Date of Report (Date of earliest event reported): October 24, 2024     Grayscale Bitcoin Trust (BTC) (Exact name of Registrant as Specified in Its Charter)     Delaware 001-41906 46-7019388 (State or Other Jurisdiction of Incorporation) (Commission File Number) (IRS Employer Identification No.)           c/o Grayscale Investments, LLC 290 Harbor Drive, 4th Floor   Stamford , Connecticut   06902 (Address of Principal Executive Offices)   (Zip Code)   Registrant’s Telephone Number, Including Area Code: 212 668-1427   N/A (Former Name or Former Address, if Changed Since Last Report)   Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions: ☐ Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) ☐ Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) ☐ Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) ☐ Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) Securities registered pursuant to Section 12(b) of the Act: Title of each class   Trading Symbol(s)   Name of each exchange on which registered Grayscale Bitcoin Trust (BTC) Shares     GBTC   NYSE Arca, Inc. Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§ 230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§ 240.12b-2 of this chapter). Emerging growth company ☐ If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐         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 u