Among short donor–acceptor molecules with a central benzothiadiazole fragment, 4,7-di-2-thienyl-2,1,3-benzothiadiazole (T-BTD) is one of the most well-known compounds, valued for its photophysical and semiconductor properties. We have synthesized a derivative of 4,7-di-2-thienyl-2,1,3-benzothiadiazole with trimethylsilyl end-substituents, 4,7-bis(5-(trimethylsilyl)thiophen-2-yl)benzothiadiazole (TMS-T-BTD). The phase transition parameters and thermal stability of T-BTD and TMS-T-BTD were investigated using DSC and TGA methods. The presence of the trimethylsilyl end-groups in TMS-T-BTD significantly enhances solubility, increases the melting temperature, and improves the resistance of TMS-T-BTD to evaporation in the liquid state. Single crystals of T-BTD and TMS-T-BTD were grown from solutions, with the largest sizes being 7 × 2 × 0.5 mm3 and 8 × 1 × 0.45 mm3, respectively. Using single-crystal X-ray diffraction at 293 K, the crystal structure of T-BTD was refined in the rhombic system (sp.gr. Pcab, Z = 8), while for TMS-T-BTD, it was determined for the first time in the monoclinic system (sp.gr. P21/c, Z = 4). The relationship between observed growth anisotropy and molecular packing in the crystals was analyzed. The results of investigations into the spectral-fluorescent properties of solutions in hexane and THF are presented. The solvatochromic effect was studied in a series of solvents, including hexane, THF, dichloromethane, and acetonitrile. The photostability of the compounds in hexane solutions was examined. It was found that the quantum yield of photodestruction for T-BTD is 13 times higher than that of TMS-T-BTD. The fluorescent properties of T-BTD and TMS-T-BTD crystals were investigated.