GBTC offering history
Every offering-related filing in Grayscale Bitcoin Trust ETF’s recent SEC record — registrations (announced capacity) kept separate from pricing documents (executed sales). Reviewed 520 filings back to Oct 7, 2013.
| Date | Filing | What it means | |
|---|---|---|---|
| Jan 6, 2026 | FWP → | MARKETING | Free-writing prospectus — offering being marketed |
| Sep 29, 2025 | FWP → | MARKETING | Free-writing prospectus — offering being marketed |
| Sep 8, 2025 | FWP → | MARKETING | Free-writing prospectus — offering being marketed |
| Aug 25, 2025 | FWP → | MARKETING | Free-writing prospectus — offering being marketed |
| Jul 23, 2025 | FWP → | MARKETING | Free-writing prospectus — offering being marketed |
| Jul 22, 2025 | FWP → | MARKETING | Free-writing prospectus — offering being marketed |
| Jun 25, 2025 | FWP → | MARKETING | Free-writing prospectus — offering being marketed |
| Jun 25, 2025 | FWP → | MARKETING | Free-writing prospectus — offering being marketed |
| Jun 12, 2025 | FWP → | MARKETING | Free-writing prospectus — offering being marketed |
| May 14, 2025 | FWP → | MARKETING | Free-writing prospectus — offering being marketed |
| May 13, 2025 | FWP → | MARKETING | Free-writing prospectus — offering being marketed |
| May 12, 2025 | FWP → | MARKETING | Free-writing prospectus — offering being marketed |
| May 9, 2025 | FWP → | MARKETING | Free-writing prospectus — offering being marketed |
| May 8, 2025 | FWP → | MARKETING | Free-writing prospectus — offering being marketed |
| Apr 23, 2025 | FWP → | MARKETING | Free-writing prospectus — offering being marketed |
| Mar 26, 2025 | FWP → | MARKETING | Free-writing prospectus — offering being marketed |
| Feb 11, 2025 | FWP → | MARKETING | Free-writing prospectus — offering being marketed |
| Feb 11, 2025 | FWP → | MARKETING | Free-writing prospectus — offering being marketed |
| Jan 28, 2025 | FWP → | MARKETING | Free-writing prospectus — offering being marketed |
| Jan 24, 2025 | FWP → | MARKETING | Free-writing prospectus — offering being marketed |
| Jan 16, 2025 | FWP → | MARKETING | Free-writing prospectus — offering being marketed |
| Jan 16, 2025 | FWP → | MARKETING | Free-writing prospectus — offering being marketed |
| Jan 10, 2025 | FWP → | MARKETING | Free-writing prospectus — offering being marketed |
| Nov 21, 2024 | FWP → | MARKETING | Free-writing prospectus — offering being marketed |
| Nov 21, 2024 | FWP → | MARKETING | Free-writing prospectus — offering being marketed |
| Nov 20, 2024 | FWP → | MARKETING | Free-writing prospectus — offering being marketed |
| Nov 19, 2024 | FWP → | MARKETING | Free-writing prospectus — offering being marketed |
| Nov 7, 2024 | FWP → | MARKETING | Free-writing prospectus — offering being marketed |
| Nov 6, 2024 | FWP → | MARKETING | Free-writing prospectus — offering being marketed |
| Nov 6, 2024 | FWP → | MARKETING | Free-writing prospectus — offering being marketed |
| Nov 6, 2024 | FWP → | MARKETING | Free-writing prospectus — offering being marketed |
| Nov 5, 2024 | FWP → | MARKETING | Free-writing prospectus — offering being marketed |
| Nov 4, 2024 | FWP → | MARKETING | Free-writing prospectus — offering being marketed |
| Nov 4, 2024 | FWP → | MARKETING | Free-writing prospectus — offering being marketed |
| Oct 23, 2024 | FWP → | MARKETING | Free-writing prospectus — offering being marketed |
| Oct 22, 2024 | FWP → | MARKETING | Free-writing prospectus — offering being marketed |
| Oct 17, 2024 | FWP → | MARKETING | Free-writing prospectus — offering being marketed |
| Sep 26, 2024 | FWP → | MARKETING | Free-writing prospectus — offering being marketed |
| Sep 25, 2024 | FWP → | MARKETING | Free-writing prospectus — offering being marketed |
| Sep 12, 2024 | FWP → | MARKETING | Free-writing prospectus — offering being marketed |
Two honest limits. (1) A 424B takedown can price shares or notes— EDGAR’s metadata doesn’t say which, so open the document: large investment-grade filers use these mostly for bond deals (no dilution), small-caps mostly for shares. (2) At-the-market (ATM) programs sell shares gradually and individual sales are not separately filed — the visible footprint is the enabling shelf and its 424B5; actual ATM share counts surface later in the 10-Q/10-K share count. Educational information from public filings, not investment advice.
GBTC offering FAQ
When did GBTC last execute an offering?
Per SEC filings, Grayscale Bitcoin Trust ETF's most recent priced offering document is a 8-K filed 2021-02-23. Note a 424B takedown can price shares or notes (debt) — the linked document says which.
When did GBTC last announce or register an offering?
The most recent registration is a S-3/A filed 2024-01-09. A registration is capacity to sell shares — not a sale.
Does an offering always mean dilution?
Registered direct offerings and shelf takedowns issue new shares and dilute existing holders. Resale registrations (424B3/B7) let existing holders sell and do not create new shares. Secondary sales by insiders also do not dilute. Each row here is labeled with what it is.