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Research & education only — not financial advice.TENK is not a registered investment adviser; calls are impersonal, generated from SEC filings and a delayed/third-party price feed, and may be wrong or out of date. The operator and an affiliated trading operation may hold or trade the securities TENK rates — see Disclosures. Do your own research.

EDGAR® is a registered trademark of the U.S. Securities and Exchange Commission. TENK/calls is an independent service and is not affiliated with, endorsed by, or approved by the U.S. Securities and Exchange Commission.

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Home›Stocks›BTC

BTC

Grayscale Bitcoin Mini Trust ETF

Next earnings ≈ Jul 13, 2026 · est. from filing cadence

Sell
$27.18
▲ +1.84%
$27.18▼ -42.56%
over 1Y
L $26.18H $54.67
Earnings Dividend Split Congress buy Congress sellGrouped by date · hover a pin to expand
Today+1.8%
1W+3.8%
1M-8.5%
3M-8.3%
YTD-31.6%
1Y-42.6%
OverviewFinancialsValuationQualityTimelineFilings
Rating
Sell
Quality
F
Valuation
Fair value
Filings
Watch
Sell
Conviction
Horizon
Medium (3–12mo)

Mixed signals in the latest filings.

Grayscale Bitcoin Mini Trust ETF shows limited reported revenue.

On these fundamentals, BTC screens as SELL on the SEC figures.

Is BTC a buy? The one-page verdict, explained →

The options angle

model · matches our verdict
Bear put spread~60d expiry
  • Long put 27 @ ~3.26 est
  • Short put 24.5 @ ~2.05 est
debit $121max +$129max −$121BE 25.79

SELL verdict, defined risk: profits into weakness down to the short strike; max loss is the net debit.

Open in the calculator →

Educational template, not a trade recommendation. Strikes and premiums are Black-Scholes model estimates from the last close and 30-day realized volatility — real chains, spreads and IV will differ. Options involve substantial risk.

Financials · annual, by fiscal year

Line itemFY25
Revenue—
Gross profit—
Operating income—
Net income-$437M
Diluted EPS—
Net margin—

Annual figures from SEC 10-K XBRL filings. Open the filing links below for full statement detail.

Key statistics

Valuation

Enterprise value—
EV / EBITDA—
EV / Sales—
EV / FCF—
P / FCF—
PEG (trailing)—
Earnings yield-14.1%
FCF yield—

Quality & risk

ROIC (est.)—
Free cash flow—
Total debt—
Net cash—

Capital returns

Buyback yield—
Dividend yield (est.)—
Shareholder yield—
Shares Δ YoY+21.4%

Computed from SEC XBRL annual figures + the current quote. EV and ROIC use long-term + current debt where filed; estimates, not investment advice.

Disclosure timeline

SEC · 8-Ks + reports
Some governance/structural items recently, but no outright red flags.
  1. 8-K Officer / director change2026-07-02
  2. 10-Q Quarterly report2026-05-05
  3. 8-K Other event2026-03-16
  4. 10-K Annual report2026-02-25
  5. 8-K Material agreement2026-02-06
  6. 8-K Other event2025-12-03
  7. 10-Q Quarterly report2025-11-05
  8. 8-K Other event2025-10-24
  9. 8-K Officer / director change2025-10-14

Recent filings

all on EDGAR ↗
8-KPeriod ending 2026-06-262026-07-02open ↗10-QPeriod ending 2026-03-312026-05-05open ↗FWPFiling2026-04-23open ↗424IFiling2026-03-27open ↗8-KPeriod ending 2026-03-162026-03-16open ↗FWPFiling2026-03-10open ↗10-KPeriod ending 2025-12-312026-02-25open ↗8-KPeriod ending 2026-02-022026-02-06open ↗144Filing2026-02-02open ↗144Filing2026-01-26open ↗FWPFiling2026-01-06open ↗FWPFiling2026-01-05open ↗

Quality score

F
ValueGrowthProfitHealthMom.
Value—
Growth—
Profitability—
Financial healthF
MomentumF
  • ✗Profitable (positive net income)
25.9552-week55.57
Revenue
—
Net margin
—
ROE
—
P/E
—

SEC fundamentals · FY 2025

Net income-$437M
Total assets$4.24B+19.5%
Total liabilities$0.00

Frequently asked

Is Grayscale Bitcoin Mini Trust ETF (BTC) a buy?
BTC currently carries a Sell rating with 2/5 conviction, derived from its latest SEC filings. Mixed signals in the latest filings.
What is Grayscale Bitcoin Mini Trust ETF's quality score?
BTC scores 27.7468771326488/100 (grade F) on a SEC-grounded quality model spanning value, growth, profitability, financial health and momentum.

Sources: SEC EDGAR (CIK 0002015034, latest 10-Q filed 2026-05-05) · EODHD · as of 6/20/2026, 7:42:13 AM.

›About this recommendation — produced by TENK/calls (tenkcalls.com), Luxembourg · not investment advice

Rule-based analysis, generated automatically from SEC filing data.

Investment recommendation produced by TENK/calls (tenkcalls.com), Luxembourg. Completed Jun 20, 2026, 3:42 AM ET. Ratings & methodology: definitions · All recommendations to date: track record · Conflicts: disclosures. Not investment advice.

Research and education only — not financial advice. TENKis not a registered investment adviser or broker-dealer and gives no personalized advice. Every call is impersonal — identical for all users, generated on a schedule from SEC filings plus a delayed/third-party price feed — may be wrong or out of date, and is not a recommendation to buy or sell any security. The operator and an affiliated trading operation may hold or trade the securities TENK rates; see Disclosures. Past performance does not guarantee future results. Do your own research.

Congressional trades

all activity →

1 buy · 1 member · last 180d

+$75.0K net boughtlast trade 199d ago
$75.0K bought$0.00 sold
2026-01-07Byron DonaldsBuy$50.0K–$100KPTR ↗
2025-11-18Brandon GillBuy$100K–$250KPTR ↗
2025-07-10Brandon GillBuy$500K–$1.00MPTR ↗

Self-reported periodic transaction reports (STOCK Act). Amounts are disclosed ranges; a trade may be a spouse's. Disclosures lag the trade by up to ~45 days. Source: House Clerk + Senate eFD.

Vs tracked universe

compare →

1195 tracked peers · median

TENK Score28 vs 67
Revenue growth— vs 7.5%
Net margin— vs 10.0%
Return on equity— vs 12.0%
P/E— vs 26.2

News sentiment

EODHD · 49d
Bullish
+0.09
vs typical · 147 articles
↑ improving

Recent news tone vs the market's typical (which skews positive). A soft signal, not a recommendation.