# Grayscale Bitcoin Trust ETF (GBTC) — Stock CV

Grayscale Bitcoin Trust ETF is a $12.2B financial services company.

## Identity

- **Ticker**: GBTC
- **Sector**: Financial Services
- **Industry**: Commodity Contracts Brokers & Dealers
- **Headquarters**: STAMFORD, CT
- **Market cap**: $12.2B
- **Last price**: $63.09
- **Financial profile**: Strained

## Vitals (TTM)

- **Free cash flow**: $1.94B

## Skills (profile scores, 0–100)

| Pillar | Score |
|---|---|
| Valuation | 55 |
| Growth | 0 |
| Profitability | 0 |
| Health | 3 |
| Quality | 5 |
| Moat | 0 |

## Qualifications (beginner checklist) — 2 of 4 passed

- [x] Generates cash — $1.94B TTM
- [x] Established company — $12.2B market cap
- [ ] Proven track record — 0/6 profitable years
- [ ] Financially stable — Altman Z 0.0 — distress

## Strengths

- None stand out in the data.

## Watch-outs

- Altman Z-Score 0.00 — elevated financial-distress risk
- Thin interest coverage (-0.0×)

## Track record

| Year | Revenue | Net income | Free cash flow |
|---|---|---|---|
| FY2021 | — | — | — |
| FY2022 | — | — | — |
| FY2023 | — | — | — |
| FY2024 | — | — | $21.5B |
| FY2025 | — | — | $3.70B |

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Source: https://stockcv.com/GBTC — derived from company filings; may be delayed or incomplete. Information, not investment advice.