Matauro LLC Purchases Shares of 21,643 Grayscale Bitcoin Trust (NYSEARCA:GBTC)

Matauro LLC purchased a new stake in shares of Grayscale Bitcoin Trust (NYSEARCA:GBTC) in the fourth quarter, Holdings Channel.com reports. The institutional investor purchased 21,643 shares of the company’s stock, valued at approximately $1,602,000.

A number of other hedge funds also recently bought and sold shares of the company. Variant Private Wealth LLC bought a new stake in Grayscale Bitcoin Trust during the fourth quarter valued at about $7,113,000. Indie Asset Partners LLC boosted its holdings in Grayscale Bitcoin Trust by 65.1% during the fourth quarter. Indie Asset Partners LLC now owns 32,190 shares of the company’s stock valued at $2,383,000 after acquiring an additional 12,696 shares during the period. PYA Waltman Capital LLC boosted its holdings in Grayscale Bitcoin Trust by 0.9% during the fourth quarter. PYA Waltman Capital LLC now owns 37,598 shares of the company’s stock valued at $2,783,000 after acquiring an additional 339 shares during the period. Bear Mountain Capital Inc. boosted its holdings in Grayscale Bitcoin Trust by 162.5% during the fourth quarter. Bear Mountain Capital Inc. now owns 525 shares of the company’s stock valued at $43,000 after acquiring an additional 325 shares during the period. Finally, Ieq Capital LLC boosted its holdings in Grayscale Bitcoin Trust by 7.6% during the fourth quarter. Ieq Capital LLC now owns 22,645 shares of the company’s stock valued at $1,676,000 after acquiring an additional 1,601 shares during the period.

Grayscale Bitcoin Trust Price Performance

GBTC stock opened at $75.06 on Friday. Grayscale Bitcoin Trust has a 52-week low of $39.56 and a 52-week high of $86.11. The company has a 50-day moving average of $78.25 and a two-hundred day moving average of $64.09. The stock has a market capitalization of $18.97 billion, a price-to-earnings ratio of 2.23 and a beta of 2.51.

About Grayscale Bitcoin Trust

The Grayscale Bitcoin Trust (GBTC) is an exchange-traded fund that mostly invests in long btc, short usd currency. The fund is passively managed, offering exposure to the daily USD spot price of bitcoin (BTC). An investment in the fund is not a direct investment in bitcoin. GBTC was launched on Jan 11, 2024 and is issued by Grayscale.