Grayscale Bitcoin Mini Trust (NYSEARCA:BTC – Get Free Report) shares shot up 3.2% during mid-day trading on Wednesday . The company traded as high as $44.67 and last traded at $44.15. 1,210,431 shares were traded during trading, a decline of 21% from the average session volume of 1,528,031 shares. The stock had previously closed at $42.77.
Grayscale Bitcoin Mini Trust Stock Up 4.3 %
The business has a 50 day simple moving average of $42.56 and a 200-day simple moving average of $99.42.
Hedge Funds Weigh In On Grayscale Bitcoin Mini Trust
A number of institutional investors and hedge funds have recently added to or reduced their stakes in the stock. Jane Street Group LLC acquired a new position in Grayscale Bitcoin Mini Trust during the 3rd quarter worth approximately $111,916,000. Horizon Kinetics Asset Management LLC bought a new stake in shares of Grayscale Bitcoin Mini Trust in the third quarter worth $86,042,000. Sloy Dahl & Holst LLC acquired a new position in Grayscale Bitcoin Mini Trust during the third quarter worth $16,406,000. Emory University bought a new position in Grayscale Bitcoin Mini Trust in the third quarter valued at $15,082,000. Finally, HighTower Advisors LLC acquired a new stake in Grayscale Bitcoin Mini Trust in the 3rd quarter valued at $7,491,000.
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