Grayscale Bitcoin Mini Trust (NYSEARCA:BTC) Shares Sold by Addison Capital Co

Addison Capital Co lowered its position in shares of Grayscale Bitcoin Mini Trust (NYSEARCA:BTC) by 80.1% in the fourth quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission (SEC). The fund owned 25,331 shares of the company’s stock after selling 101,883 shares during the quarter. Addison Capital Co owned approximately 7.79% of Grayscale Bitcoin Mini Trust worth $1,061,000 as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in BTC. Spire Wealth Management purchased a new stake in Grayscale Bitcoin Mini Trust during the 4th quarter valued at about $927,000. Golden State Wealth Management LLC purchased a new stake in shares of Grayscale Bitcoin Mini Trust in the fourth quarter valued at approximately $27,000. Strategic Financial Concepts LLC acquired a new stake in shares of Grayscale Bitcoin Mini Trust in the fourth quarter valued at approximately $1,044,000. Caprock Group LLC purchased a new position in Grayscale Bitcoin Mini Trust during the fourth quarter worth approximately $251,000. Finally, Quent Capital LLC acquired a new position in Grayscale Bitcoin Mini Trust during the fourth quarter worth $53,000.

Grayscale Bitcoin Mini Trust Stock Up 5.7 %

Shares of BTC opened at $37.54 on Monday. Grayscale Bitcoin Mini Trust has a 52-week low of $22.00 and a 52-week high of $48.07. The stock has a fifty day simple moving average of $42.11 and a two-hundred day simple moving average of $37.25.

Grayscale Bitcoin Mini Trust 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.