Item 7.01. Regulation FD Disclosure.

On April 16, 2020, Grayscale Investments, LLC, the sponsor of Grayscale Bitcoin Trust (BTC) (the "Trust"), issued a report setting forth investment data for the quarter ended March 31, 2020 for certain investment products it sponsors and manages, including the Trust. A copy of the report is attached as Exhibit 99.1 to this report. The Company does not intend for this Item 7.01 or Exhibit 99.1 to be deemed "filed" for purposes of Section 18 of the Securities Exchange Act of 1934, as amended, or to be incorporated by reference into filings under the Securities Act of 1933, as amended.

Item 9.01. Financial Statements and Exhibits




(d) Exhibits



         Exhibit
           No.     Description

         99.1        Grayscale Digital Asset Investment Report Q1 2020

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