Replies to post #9775 on Grayscale Bitcoin Trust (GBTC)

[Monksdream]

You've pretty much answered your own question in the way you expressed the question.

If you puchased a share at $2000, divide 90 into it.

[Dennisb68]

I would think that once the stock trades at the new share price your broker account will show the new cost basis per share.

[OrizG]

Go back to your transaction history and look how much you invested in the first place. (Assuming you have only one trade).

Then get numbers of share you have now, after the split.

TOTAL_INITIAL_INVESTMENT / CURRENT_SHARE_AFTER_SPLIT

The result is your target price to get even.

[Dennisb68]

It is probably in your broker account. Scottrade adjusted it at today's open.

[My_02cents]

To answer your question - divide your cost (plus any transaction fees) by 91. That will give you your target break even price after the split.