Athos Capital Ltd Acquires 46,000 Shares of iShares Bitcoin Trust (NASDAQ:IBIT)

Athos Capital Ltd raised its holdings in shares of iShares Bitcoin Trust (NASDAQ:IBIT) by 22.8% in the 3rd quarter, HoldingsChannel reports. The firm owned 247,360 shares of the company’s stock after buying an additional 46,000 shares during the period. iShares Bitcoin Trust makes up approximately 2.9% of Athos Capital Ltd’s holdings, making the stock its 3rd largest holding. Athos Capital Ltd’s holdings in iShares Bitcoin Trust were worth $8,937,000 at the end of the most recent reporting period.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. Glass Jacobson Investment Advisors llc bought a new stake in shares of iShares Bitcoin Trust during the 2nd quarter worth about $26,000. Asset Dedication LLC boosted its holdings in shares of iShares Bitcoin Trust by 52.4% during the third quarter. Asset Dedication LLC now owns 811 shares of the company’s stock worth $29,000 after acquiring an additional 279 shares during the period. International Assets Investment Management LLC acquired a new position in shares of iShares Bitcoin Trust in the second quarter valued at approximately $31,000. Thurston Springer Miller Herd & Titak Inc. bought a new position in shares of iShares Bitcoin Trust during the second quarter worth approximately $36,000. Finally, Hantz Financial Services Inc. bought a new position in shares of iShares Bitcoin Trust during the second quarter worth approximately $36,000.

iShares Bitcoin Trust Stock Performance

IBIT opened at $55.21 on Monday. The business has a fifty day simple moving average of $42.45 and a 200 day simple moving average of $38.10. iShares Bitcoin Trust has a 1 year low of $22.02 and a 1 year high of $56.86.

iShares Bitcoin Trust Profile

The IShares Bitcoin Trust Registered (IBIT) is an exchange-traded fund that mostly invests in long btc, short usd currency. The fund is a passively managed fund that seeks to track the spot price of Bitcoin. IBIT was launched on Jan 5, 2024 and is issued by BlackRock.