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10-K Filing

GRAYSCALE BITCOIN TRUST ETF CIK: 1588489 FY 2020
Filing Information
Form Type 10-K
Accession Number 0001564590-21-011121
Period End Date 20201231
Filing Date 20210305
Fiscal Year 2020
Fiscal Period FY
XBRL Instance gbtc-10k_20201231_htm.xml
Filing Contents

This filing contains the following financial statements:

Balance Sheet 34 line items
Line Item Tag Value Unit Period
Investment in Bitcoin, at fair value (cost $5,543,304,620 and $839,093,489 as of December 31, 2020 and December 31, 2019, respectively) InvestmentOwnedAtCost $5.54B USD Point-in-time
Investment in Bitcoin, at fair value (cost $5,543,304,620 and $839,093,489 as of December 31, 2020 and December 31, 2019, respectively) InvestmentOwnedAtCost $839.09M USD Point-in-time
Investment in Bitcoin, at fair value (cost $5,543,304,620 and $839,093,484 as of December 31, 2020 and 2019 respectively) InvestmentOwnedAtFairValue $1.87B USD Point-in-time
Investment in Bitcoin, at fair value (cost $5,543,304,620 and $839,093,484 as of December 31, 2020 and 2019 respectively) InvestmentOwnedAtFairValue $751.62M USD Point-in-time
Investment in Bitcoin, at fair value (cost $5,543,304,620 and $839,093,484 as of December 31, 2020 and 2019 respectively) InvestmentOwnedAtFairValue $2.49B USD Point-in-time
Investment in Bitcoin, at fair value (cost $5,543,304,620 and $839,093,484 as of December 31, 2020 and 2019 respectively) InvestmentOwnedAtFairValue $17.72B USD Point-in-time
Total assets Assets $1.87B USD Point-in-time
Total assets Assets $17.72B USD Point-in-time
Sponsor's Fee payable, related party AccountsPayableFairValueDisclosure - USD Point-in-time
Sponsor's Fee payable, related party AccountsPayableFairValueDisclosure - USD Point-in-time
Total liabilities Liabilities - USD Point-in-time
Total liabilities Liabilities - USD Point-in-time
Net assets AssetsNet $1.87B USD Point-in-time
Net assets AssetsNet $17.72B USD Point-in-time
Net assets AssetsNet $2.49B USD Point-in-time
Net assets AssetsNet $751.62M USD Point-in-time
Paid-in-capital AdditionalPaidInCapital $-5.61B USD Point-in-time
Paid-in-capital AdditionalPaidInCapital $-861.35M USD Point-in-time
Accumulated net investment loss AccumulatedNetInvestmentLoss $174.34M USD Point-in-time
Accumulated net investment loss AccumulatedNetInvestmentLoss $80.84M USD Point-in-time
Accumulated net realized gain on investment in Bitcoin AccumulatedNetRealizedGain $-108.91M USD Point-in-time
Accumulated net realized gain on investment in Bitcoin AccumulatedNetRealizedGain $-58.57M USD Point-in-time
Accumulated net change in unrealized appreciation on investment in Bitcoin InvestmentOwnedUnrecognizedUnrealizedAppreciation $1.03B USD Point-in-time
Accumulated net change in unrealized appreciation on investment in Bitcoin InvestmentOwnedUnrecognizedUnrealizedAppreciation $12.17B USD Point-in-time
Net assets AssetsNet $1.87B USD Point-in-time
Net assets AssetsNet $17.72B USD Point-in-time
Net assets AssetsNet $2.49B USD Point-in-time
Net assets AssetsNet $751.62M USD Point-in-time
Shares issued and outstanding, no par value (unlimited Shares authorized) CommonStockOtherSharesOutstanding 638.91M shares Point-in-time
Shares issued and outstanding, no par value (unlimited Shares authorized) CommonStockOtherSharesOutstanding 269.45M shares Point-in-time
Net asset value per Share NetAssetValuePerShare $27.73 USD Point-in-time
Net asset value per Share NetAssetValuePerShare $14.30 USD Point-in-time
Net asset value per Share NetAssetValuePerShare $3.64 USD Point-in-time
Net asset value per Share NetAssetValuePerShare $6.93 USD Point-in-time
Income Statement 69 line items
Line Item Tag Value Unit Period
Investment income InvestmentIncome - USD Annual
Investment income InvestmentIncome - USD Annual
Investment income InvestmentIncome - USD Annual
Sponsor's Fee, related party SponsorFees $12.37M USD 1 Quarter
Sponsor's Fee, related party SponsorFees $22.08M USD 1 Quarter
Sponsor's Fee, related party SponsorFees $28.52M USD Annual
Sponsor's Fee, related party SponsorFees $3.86M USD 1 Quarter
Sponsor's Fee, related party SponsorFees $44.83M USD 1 Quarter
Sponsor's Fee, related party SponsorFees $10.37M USD 1 Quarter
Sponsor's Fee, related party SponsorFees $14.80M USD 1 Quarter
Sponsor's Fee, related party SponsorFees $93.50M USD Annual
Sponsor's Fee, related party SponsorFees $8.13M USD 1 Quarter
Sponsor's Fee, related party SponsorFees $34.73M USD Annual
Sponsor's Fee, related party SponsorFees $11.79M USD 1 Quarter
Net investment loss InvestmentIncomeNet $-28.52M USD Annual
Net investment loss InvestmentIncomeNet $-14.80M USD 1 Quarter
Net investment loss InvestmentIncomeNet $-12.37M USD 1 Quarter
Net investment loss InvestmentIncomeNet $-44.83M USD 1 Quarter
Net investment loss InvestmentIncomeNet $-22.08M USD 1 Quarter
Net investment loss InvestmentIncomeNet $-3.86M USD 1 Quarter
Net investment loss InvestmentIncomeNet $-8.13M USD 1 Quarter
Net investment loss InvestmentIncomeNet $-10.37M USD 1 Quarter
Net investment loss InvestmentIncomeNet $-93.50M USD Annual
Net investment loss InvestmentIncomeNet $-34.73M USD Annual
Net investment loss InvestmentIncomeNet $-11.79M USD 1 Quarter
Net realized gain on investment in Bitcoin RealizedInvestmentGainsLosses $6.30M USD 1 Quarter
Net realized gain on investment in Bitcoin RealizedInvestmentGainsLosses $22.38M USD Annual
Net realized gain on investment in Bitcoin RealizedInvestmentGainsLosses $23.31M USD Annual
Net realized gain on investment in Bitcoin RealizedInvestmentGainsLosses $6.48M USD 1 Quarter
Net realized gain on investment in Bitcoin RealizedInvestmentGainsLosses $1.84M USD 1 Quarter
Net realized gain on investment in Bitcoin RealizedInvestmentGainsLosses $10.69M USD 1 Quarter
Net realized gain on investment in Bitcoin RealizedInvestmentGainsLosses $26.06M USD 1 Quarter
Net realized gain on investment in Bitcoin RealizedInvestmentGainsLosses $50.34M USD Annual
Net realized gain on investment in Bitcoin RealizedInvestmentGainsLosses $5.71M USD 1 Quarter
Net realized gain on investment in Bitcoin RealizedInvestmentGainsLosses $7.10M USD 1 Quarter
Net realized gain on investment in Bitcoin RealizedInvestmentGainsLosses $9.45M USD 1 Quarter
Net change in unrealized appreciation (depreciation) on investment in Bitcoin UnrealizedGainLossOnInvestments $11.15B USD Annual
Net change in unrealized appreciation (depreciation) on investment in Bitcoin UnrealizedGainLossOnInvestments $86.54M USD 1 Quarter
Net change in unrealized appreciation (depreciation) on investment in Bitcoin UnrealizedGainLossOnInvestments $571.75M USD 1 Quarter
Net change in unrealized appreciation (depreciation) on investment in Bitcoin UnrealizedGainLossOnInvestments $663.25M USD Annual
Net change in unrealized appreciation (depreciation) on investment in Bitcoin UnrealizedGainLossOnInvestments $-298.83M USD 1 Quarter
Net change in unrealized appreciation (depreciation) on investment in Bitcoin UnrealizedGainLossOnInvestments $810.43M USD 1 Quarter
Net change in unrealized appreciation (depreciation) on investment in Bitcoin UnrealizedGainLossOnInvestments $1.59B USD 1 Quarter
Net change in unrealized appreciation (depreciation) on investment in Bitcoin UnrealizedGainLossOnInvestments $10.04B USD 1 Quarter
Net change in unrealized appreciation (depreciation) on investment in Bitcoin UnrealizedGainLossOnInvestments $-1.98B USD Annual
Net change in unrealized appreciation (depreciation) on investment in Bitcoin UnrealizedGainLossOnInvestments $-717.53M USD 1 Quarter
Net change in unrealized appreciation (depreciation) on investment in Bitcoin UnrealizedGainLossOnInvestments $-278.19M USD 1 Quarter
Net realized and unrealized gain (loss) on investment GainLossOnInvestments $817.53M USD 1 Quarter
Net realized and unrealized gain (loss) on investment GainLossOnInvestments $1.60B USD 1 Quarter
Net realized and unrealized gain (loss) on investment GainLossOnInvestments $-1.96B USD Annual
Net realized and unrealized gain (loss) on investment GainLossOnInvestments $582.44M USD 1 Quarter
Net realized and unrealized gain (loss) on investment GainLossOnInvestments $-292.53M USD 1 Quarter
Net realized and unrealized gain (loss) on investment GainLossOnInvestments $-708.08M USD 1 Quarter
Net realized and unrealized gain (loss) on investment GainLossOnInvestments $11.20B USD Annual
Net realized and unrealized gain (loss) on investment GainLossOnInvestments $88.38M USD 1 Quarter
Net realized and unrealized gain (loss) on investment GainLossOnInvestments $-271.71M USD 1 Quarter
Net realized and unrealized gain (loss) on investment GainLossOnInvestments $10.07B USD 1 Quarter
Net realized and unrealized gain (loss) on investment GainLossOnInvestments $686.55M USD Annual
Net increase (decrease) in net assets resulting from operations IncreaseDecreaseInOperatingAssets $10.02B USD 1 Quarter
Net increase (decrease) in net assets resulting from operations IncreaseDecreaseInOperatingAssets $84.52M USD 1 Quarter
Net increase (decrease) in net assets resulting from operations IncreaseDecreaseInOperatingAssets $-283.50M USD 1 Quarter
Net increase (decrease) in net assets resulting from operations IncreaseDecreaseInOperatingAssets $802.73M USD 1 Quarter
Net increase (decrease) in net assets resulting from operations IncreaseDecreaseInOperatingAssets $-302.90M USD 1 Quarter
Net increase (decrease) in net assets resulting from operations IncreaseDecreaseInOperatingAssets $1.59B USD 1 Quarter
Net increase (decrease) in net assets resulting from operations IncreaseDecreaseInOperatingAssets $560.36M USD 1 Quarter
Net increase (decrease) in net assets resulting from operations IncreaseDecreaseInOperatingAssets $651.82M USD Annual
Net increase (decrease) in net assets resulting from operations IncreaseDecreaseInOperatingAssets $11.10B USD Annual
Net increase (decrease) in net assets resulting from operations IncreaseDecreaseInOperatingAssets $-1.99B USD Annual
Net increase (decrease) in net assets resulting from operations IncreaseDecreaseInOperatingAssets $-720.45M USD 1 Quarter

Data is extracted from SEC EDGAR XBRL filings. Values shown are as reported in the filing.

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