(GBTC) Grayscale Bitcoin Trust - Overview
Etf: Bitcoin, Holdings, Valuation
| Risk 5d forecast | |
|---|---|
| Volatility | 90.9% |
| Relative Tail Risk | -5.02% |
| Reward TTM | |
|---|---|
| Sharpe Ratio | -0.61 |
| Alpha | -44.93 |
| Character TTM | |
|---|---|
| Beta | 1.014 |
| Beta Downside | 0.668 |
| Drawdowns 3y | |
|---|---|
| Max DD | 49.55% |
| CAGR/Max DD | 1.62 |
Description: GBTC Grayscale Bitcoin Trust December 19, 2025
The Grayscale Bitcoin Trust (GBTC) records its Bitcoin holdings at fair value on its balance sheet, following U.S. GAAP. Fair value is calculated using the price from the Digital Asset Market that GBTC designates as its principal market, captured at 4:00 p.m. New York time on the valuation date.
Key data points to watch: GBTC’s net asset value (NAV) per share has recently traded at a 12% discount to the underlying Bitcoin price, reflecting market sentiment and liquidity constraints. As of the latest filing, the trust holds roughly 650,000 BTC, giving it an AUM of about $19 billion. Regulatory developments-such as the SEC’s ongoing review of spot Bitcoin ETFs-are a primary driver of the discount/premium dynamics in the digital-asset ETF space.
For a deeper, data-driven look at GBTC’s valuation metrics and scenario analysis, check out the ValueRay platform.
What is the price of GBTC shares?
Over the past week, the price has changed by -16.43%, over one month by -24.34%, over three months by -30.83% and over the past year by -28.85%.
Is GBTC a buy, sell or hold?
What are the forecasts/targets for the GBTC price?
| Issuer | Target | Up/Down from current |
|---|---|---|
| Wallstreet Target Price | - | - |
| Analysts Target Price | - | - |
| ValueRay Target Price | 71.7 | 31.2% |
GBTC Fundamental Data Overview February 04, 2026
EBIT TTM = 0.0 USD
EBITDA TTM = 0.0 USD
Long Term Debt = unknown (none)
Short Term Debt = unknown (none)
Debt = unknown
Net Debt = unknown
Enterprise Value = 13.37b USD (13.37b + (null Debt) - (null CCE))
Interest Coverage Ratio = unknown (Ebit TTM 0.0 / Interest Expense TTM 0.0)
EV/FCF = unknown (FCF TTM 0.0)
FCF Yield = 0.0% (FCF TTM 0.0 / Enterprise Value 13.37b)
FCF Margin = unknown (Revenue TTM is 0 or missing)
Net Margin = unknown
Gross Margin = unknown ((Revenue TTM 0.0 - Cost of Revenue TTM 0.0) / Revenue TTM)
Tobins Q-Ratio = unknown (Enterprise Value 13.37b / Total Assets none)
Interest Expense / Debt = unknown (Interest Expense 0.0 / Debt none)
Taxrate = 21.0% (US default 21%)
NOPAT = 0.0 (EBIT 0.0 * (1 - 21.00%))
Current Ratio = unknown (Total Current Assets none / Total Current Liabilities none)
Debt / Equity = unknown (Debt none)
Debt / EBITDA = unknown (Net Debt none / EBITDA 0.0)
Debt / FCF = unknown (Net Debt none / FCF TTM 0.0)
Total Stockholder Equity = 0.0 (from calculated bookValueOfEquity)
RoA = unknown (Net Income 0.0 / Total Assets none)
RoE = unknown (Net Income TTM 0.0 / Total Stockholder Equity 0.0)
RoCE = unknown (EBIT 0.0 / Capital Employed )
RoIC = unknown (NOPAT 0.0, Invested Capital 0.0, EBIT 0.0)
WACC = 9.65% (E(13.37b)/V(13.37b) * Re(9.65%) + (debt-free company))
Discount Rate = 9.65% (= CAPM, Blume Beta Adj.)
Fair Price DCF = unknown (Cash Flow 0.0)