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.
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.
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.
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.
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.
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.