Guild Investment Management Inc. Invests $564,000 in Grayscale Bitcoin Mini Trust (NYSEARCA:BTC)

Guild Investment Management Inc. bought a new stake in shares of Grayscale Bitcoin Mini Trust (NYSEARCA:BTC) in the fourth quarter, Holdings Channel reports. The firm bought 13,459 shares of the company’s stock, valued at approximately $564,000.

A number of other hedge funds and other institutional investors also recently bought and sold shares of BTC. Jane Street Group LLC purchased a new position in Grayscale Bitcoin Mini Trust during the 3rd quarter valued at about $111,916,000. Horizon Kinetics Asset Management LLC purchased a new position in shares of Grayscale Bitcoin Mini Trust in the 3rd quarter valued at about $86,042,000. HighTower Advisors LLC purchased a new position in shares of Grayscale Bitcoin Mini Trust in the 3rd quarter valued at about $7,491,000. EagleClaw Capital Managment LLC purchased a new position in shares of Grayscale Bitcoin Mini Trust in the 3rd quarter valued at about $5,719,000. Finally, One Charles Private Wealth Services LLC purchased a new position in shares of Grayscale Bitcoin Mini Trust in the 3rd quarter valued at about $2,660,000.

Grayscale Bitcoin Mini Trust Trading Up 5.2 %

Shares of BTC opened at $36.82 on Wednesday. The stock has a 50-day simple moving average of $42.48 and a 200-day simple moving average of $37.05. Grayscale Bitcoin Mini Trust has a 1 year low of $22.00 and a 1 year high of $48.07.

About Grayscale Bitcoin Mini Trust

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.