Grayscale Bitcoin Trust (BTC) Files 8-K

TL;DR

GBTC filed an 8-K on 10/27/24 for 'Other Events' - check full filing for details.

AI Summary

On October 27, 2024, Grayscale Bitcoin Trust (BTC) filed an 8-K report. The filing indicates "Other Events" as the primary item of disclosure. No specific financial transactions or material events were detailed in the provided excerpt.

Why It Matters

This filing signals ongoing regulatory compliance and reporting for Grayscale Bitcoin Trust. Investors should review the full filing for details on any material events.

Risk Assessment

Risk Level: low — The filing is a routine 8-K report and does not disclose any immediate negative financial or operational changes.

Key Players & Entities

• Grayscale Bitcoin Trust (BTC) (company) — Registrant
• 2024-10-27 (date) — Date of earliest event reported
• 2024-10-31 (date) — Date of Report
• 290 Harbor Drive, 4th Floor Stamford, Connecticut 06902 (address) — Principal Executive Offices

FAQ

From the Filing

0000950170-24-119507.txt : 20241031 0000950170-24-119507.hdr.sgml : 20241031 20241031160133 ACCESSION NUMBER: 0000950170-24-119507 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 11 CONFORMED PERIOD OF REPORT: 20241027 ITEM INFORMATION: Other Events FILED AS OF DATE: 20241031 DATE AS OF CHANGE: 20241031 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: 241415133 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-20241027.htm 8-K 8-K false 0001588489 0001588489 2024-10-27 2024-10-27     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 27, 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. CoinDesk Indices, Inc. (the “Index Provider”) announced a change to the Constituent Trading Platforms used to derive the Index Price for Grayscale Bitcoin Trust (BTC) (the “Trust”). Effective October 27, 2024, the Index Provider added Bullish to the CoinDesk Bitcoin Price Index (XBX) (the “Index”) due to the trading platform meeting the Index Provider’s minimum liquidity requirement, and did not remove any Constituent Trading Platforms as part of its scheduled quarterly review. As of the date of this current report, the Digital Asset Trading Platforms included in the Index are Coinbase, Kraken, B