Grayscale Bitcoin Mini Trust (NYSEARCA:BTC) Stake Lessened by LCM Capital Management Inc

LCM Capital Management Inc cut its stake in Grayscale Bitcoin Mini Trust (NYSEARCA:BTC) by 19.4% in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The institutional investor owned 26,031 shares of the company’s stock after selling 6,254 shares during the period. LCM Capital Management Inc owned approximately 8.01% of Grayscale Bitcoin Mini Trust worth $1,090,000 at the end of the most recent reporting period.

Several other institutional investors and hedge funds have also made changes to their positions in the stock. Sound Income Strategies LLC bought a new stake in Grayscale Bitcoin Mini Trust during the third quarter worth approximately $25,000. Sunbelt Securities Inc. bought a new stake in Grayscale Bitcoin Mini Trust during the third quarter worth approximately $25,000. Modus Advisors LLC bought a new stake in Grayscale Bitcoin Mini Trust during the fourth quarter worth approximately $29,000. SouthState Corp bought a new stake in Grayscale Bitcoin Mini Trust during the third quarter worth approximately $37,000. Finally, Harbor Investment Advisory LLC acquired a new position in Grayscale Bitcoin Mini Trust in the 4th quarter worth approximately $40,000.

Grayscale Bitcoin Mini Trust Stock Down 1.3 %

Grayscale Bitcoin Mini Trust stock opened at $42.42 on Friday. The company has a 50 day moving average price of $43.93 and a 200 day moving average price of $53.04. Grayscale Bitcoin Mini Trust has a 52 week low of $22.00 and a 52 week high of $48.07.