Canton Hathaway LLC reduced its stake in Grayscale Bitcoin Mini Trust (NYSEARCA:BTC – Free Report) by 80.0% during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The fund owned 5,440 shares of the company’s stock after selling 21,760 shares during the quarter. Canton Hathaway LLC owned 1.67% of Grayscale Bitcoin Mini Trust worth $228,000 at the end of the most recent reporting period.
Several other hedge funds and other institutional investors also recently modified their holdings of BTC. Variant Private Wealth LLC purchased a new stake in shares of Grayscale Bitcoin Mini Trust in the fourth quarter valued at approximately $799,000. Able Wealth Management LLC purchased a new stake in shares of Grayscale Bitcoin Mini Trust in the fourth quarter valued at approximately $663,000. Abacus Planning Group Inc. purchased a new stake in shares of Grayscale Bitcoin Mini Trust in the fourth quarter valued at approximately $253,000. Strategic Financial Concepts LLC purchased a new stake in shares of Grayscale Bitcoin Mini Trust in the fourth quarter valued at approximately $1,044,000. Finally, Santa Monica Partners LP purchased a new stake in shares of Grayscale Bitcoin Mini Trust in the fourth quarter valued at approximately $3,262,000.
Grayscale Bitcoin Mini Trust Stock Performance
Grayscale Bitcoin Mini Trust stock opened at $41.64 on Tuesday. Grayscale Bitcoin Mini Trust has a 1-year low of $22.00 and a 1-year high of $48.07. The stock’s 50 day moving average price is $43.62 and its 200 day moving average price is $36.17.
Further Reading
- Five stocks we like better than Grayscale Bitcoin Mini Trust
- What is the S&P/TSX Index?
- Rivian’s Rough Patch: Is the Dip a Doorway to Long-Term Gains?
- Pros And Cons Of Monthly Dividend Stocks
- Institutions Signal Opportunty to Buy High-Yield Kraft-Heinz
- Options Trading – Understanding Strike Price
- 3 Explosive Tech Stocks Breaking Out Right Now
Want to see what other hedge funds are holding BTC? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Grayscale Bitcoin Mini Trust (NYSEARCA:BTC – Free Report).
Receive News & Ratings for Grayscale Bitcoin Mini Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Grayscale Bitcoin Mini Trust and related companies with MarketBeat.com's FREE daily email newsletter.