Emory University Invests $15.08 Million in Grayscale Bitcoin Mini Trust (NYSEARCA:BTC)

Emory University bought a new position in Grayscale Bitcoin Mini Trust (NYSEARCA:BTC) in the 3rd quarter, according to the company in its most recent filing with the SEC. The institutional investor bought 2,678,906 shares of the company’s stock, valued at approximately $15,082,000. Grayscale Bitcoin Mini Trust makes up 22.8% of Emory University’s portfolio, making the stock its 3rd biggest holding. Emory University owned approximately 824.28% of Grayscale Bitcoin Mini Trust at the end of the most recent reporting period.

Several other institutional investors have also recently made changes to their positions in BTC. ZRC Wealth Management LLC bought a new position in Grayscale Bitcoin Mini Trust during the third quarter valued at about $36,000. Brookstone Capital Management bought a new position in Grayscale Bitcoin Mini Trust during the third quarter valued at about $689,000. Watts Gwilliam & Co. LLC bought a new position in Grayscale Bitcoin Mini Trust during the third quarter valued at about $231,000. Fiduciary Financial Group LLC bought a new position in Grayscale Bitcoin Mini Trust during the third quarter valued at about $69,000. Finally, Valeo Financial Advisors LLC bought a new position in Grayscale Bitcoin Mini Trust during the third quarter valued at about $64,000.

Grayscale Bitcoin Mini Trust Stock Performance

BTC opened at $6.44 on Wednesday. The firm has a 50-day moving average of $5.54 and a 200 day moving average of $52.27. Grayscale Bitcoin Mini Trust has a fifty-two week low of $4.40 and a fifty-two week high of $6.54.