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Public Profile
Financial Intermediation
US
updated 5 months ago

Grayscale Bitcoin Trust (BTC)

Company website

Grayscale Bitcoin Trust (BTC), a leading investment vehicle in the cryptocurrency sector, is headquartered in the United States. Founded in 2013, Grayscale has established itself as a pioneer in digital asset management, primarily focusing on providing institutional and accredited investors with exposure to Bitcoin through its trust structure. The trust allows investors to gain exposure to Bitcoin without the complexities of direct ownership, making it a unique offering in the market. Grayscale's commitment to transparency and regulatory compliance has positioned it as a trusted name in the industry. With significant assets under management, Grayscale Bitcoin Trust has achieved notable milestones, including being one of the first publicly traded Bitcoin investment products, solidifying its market position as a leader in cryptocurrency investment solutions.

DitchCarbon Score

How does Grayscale Bitcoin Trust (BTC)'s carbon action stack up? DitchCarbon scores companies based on their carbon action and commitment to reducing emissions. Read about our methodology to learn more.

23

Industry Average

Mean score of companies in the Financial Intermediation industry. Comparing a company's score to the industry average can give you a sense of how well the company is doing compared to its peers.

27

Industry Benchmark

Grayscale Bitcoin Trust (BTC)'s score of 23 is lower than 69% of the industry. This can give you a sense of how well the company is doing compared to its peers.

31%

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Grayscale Bitcoin Trust (BTC)'s reported carbon emissions

Grayscale Bitcoin Trust (BTC), headquartered in the US, currently does not report any carbon emissions data, as indicated by the absence of specific figures in kg CO2e. Furthermore, there are no documented reduction targets or climate pledges associated with the organisation. As a result, Grayscale Bitcoin Trust's climate commitments and initiatives remain unclear, and there is no inherited emissions data from a parent or related organisation. Without specific emissions data or reduction initiatives, it is challenging to assess their environmental impact or commitment to sustainability within the cryptocurrency sector.

Industry emissions intensity

Very low
Low
Medium
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Very high
Some industries are more carbon intensive than others. Grayscale Bitcoin Trust (BTC)'s primary industry is Financial intermediation services, except insurance and pension funding services (65), which is very low in terms of carbon intensity compared to other industries.

Location emissions intensity

Very low
Low
Medium
High
Very high
The carbon intensity of the energy grid powering a company's primary operations has a strong influence on its overall carbon footprint. This request for Grayscale Bitcoin Trust (BTC) is in US, which has a low grid carbon intensity relative to other regions.

Reduction initiatives & disclosure networks

Companies disclose and commit to reducing emissions to show they are serious about reducing emissions impact over time. They can also help a company track its progress over time.

Grayscale Bitcoin Trust (BTC) is not participating in any of the initiatives that we track. This may change over time as the company engages with new initiatives or updates its commitments. DitchCarbon will update this information as it becomes available.

Science Based Targets Initiative
Carbon Disclosure Project
The Climate Pledge
UN Global Compact
RE 100
Climate Action 100
Race To Net Zero
Reduction Actions

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Where does DitchCarbon data come from?

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