Guild Investment Management Inc. Acquires New Stake in Grayscale Bitcoin Mini Trust (NYSEARCA:BTC)

Guild Investment Management Inc. acquired a new stake in Grayscale Bitcoin Mini Trust (NYSEARCA:BTC) in the 4th quarter, according to its most recent Form 13F filing with the SEC. The institutional investor acquired 13,459 shares of the company’s stock, valued at approximately $564,000. Guild Investment Management Inc. owned about 4.14% of Grayscale Bitcoin Mini Trust as of its most recent filing with the SEC.

Several other hedge funds have also recently added to or reduced their stakes in the company. Golden State Wealth Management LLC acquired a new stake in shares of Grayscale Bitcoin Mini Trust in the 4th quarter worth $27,000. Modus Advisors LLC acquired a new stake in shares of Grayscale Bitcoin Mini Trust in the 4th quarter worth $29,000. Mainstream Capital Management LLC acquired a new stake in shares of Grayscale Bitcoin Mini Trust in the 4th quarter worth $32,000. Harbor Investment Advisory LLC acquired a new stake in shares of Grayscale Bitcoin Mini Trust in the 4th quarter worth $40,000. Finally, Asset Dedication LLC grew its holdings in shares of Grayscale Bitcoin Mini Trust by 56.5% during the 4th quarter. Asset Dedication LLC now owns 1,175 shares of the company’s stock worth $49,000 after purchasing an additional 424 shares during the period.

Grayscale Bitcoin Mini Trust Trading Up 5.2 %

NYSEARCA BTC opened at $36.82 on Wednesday. Grayscale Bitcoin Mini Trust has a twelve month low of $22.00 and a twelve month high of $48.07. The stock has a fifty day simple moving average of $42.48 and a 200-day simple moving average of $37.05.

Grayscale Bitcoin Mini Trust Company Profile

The Grayscale Bitcoin Mini Trust ETF (BTC) is an exchange-traded fund that is based on the CoinDesk Bitcoin Cash Price index. The fund is passively managed, offering exposure to the daily USD spot price of Bitcoin, less expenses and liabilities. An investment in the fund is not a direct investment in Bitcoin.