Grayscale Bitcoin Mini Trust (NYSEARCA:BTC – Get Free Report) shares shot up 6.4% during mid-day trading on Tuesday . The stock traded as high as $43.93 and last traded at $43.85. 972,318 shares changed hands during mid-day trading, a decline of 49% from the average session volume of 1,913,670 shares. The stock had previously closed at $41.21.
Grayscale Bitcoin Mini Trust Price Performance
The business’s fifty day simple moving average is $38.79 and its two-hundred day simple moving average is $143.69.
Institutional Investors Weigh In On Grayscale Bitcoin Mini Trust
Hedge funds have recently modified their holdings of the business. Jane Street Group LLC purchased a new stake in Grayscale Bitcoin Mini Trust in the third quarter valued at $111,916,000. Horizon Kinetics Asset Management LLC acquired a new stake in Grayscale Bitcoin Mini Trust in the 3rd quarter valued at approximately $86,042,000. Sloy Dahl & Holst LLC purchased a new position in shares of Grayscale Bitcoin Mini Trust during the third quarter worth $16,406,000. Emory University acquired a new position in Grayscale Bitcoin Mini Trust during the 3rd quarter worth about $15,082,000. Finally, HighTower Advisors LLC purchased a new stake in Grayscale Bitcoin Mini Trust during the third quarter worth about $7,491,000.
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