Fountainhead AM LLC Invests $91,000 in Grayscale Bitcoin Mini Trust (NYSEARCA:BTC)

Fountainhead AM LLC purchased a new stake in shares of Grayscale Bitcoin Mini Trust (NYSEARCA:BTC) during the 3rd quarter, according to its most recent disclosure with the SEC. The fund purchased 16,191 shares of the company’s stock, valued at approximately $91,000. Fountainhead AM LLC owned about 4.98% of Grayscale Bitcoin Mini Trust at the end of the most recent quarter.

Several other hedge funds and other institutional investors also recently made changes to their positions in the stock. Meixler Investment Management Ltd. acquired a new stake in Grayscale Bitcoin Mini Trust in the third quarter valued at approximately $118,000. Proficio Capital Partners LLC bought a new position in shares of Grayscale Bitcoin Mini Trust in the 3rd quarter valued at $260,000. Oxbow Advisors LLC acquired a new stake in shares of Grayscale Bitcoin Mini Trust during the 3rd quarter valued at $56,000. Acorn Financial Advisory Services Inc. ADV bought a new position in Grayscale Bitcoin Mini Trust in the third quarter valued at about $160,000. Finally, Verdence Capital Advisors LLC acquired a new stake in shares of Grayscale Bitcoin Mini Trust during the third quarter valued at about $126,000.

Grayscale Bitcoin Mini Trust Price Performance

BTC opened at $7.73 on Tuesday. Grayscale Bitcoin Mini Trust has a fifty-two week low of $4.40 and a fifty-two week high of $7.77. The company’s 50 day moving average price is $5.75 and its two-hundred day moving average price is $46.95.