Grayscale Bitcoin Mini Trust (NYSEARCA:BTC) Shares Sold by Mainstay Capital Management LLC ADV

Mainstay Capital Management LLC ADV cut its holdings in shares of Grayscale Bitcoin Mini Trust (NYSEARCA:BTC) by 79.8% in the 4th quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The firm owned 4,809 shares of the company’s stock after selling 19,039 shares during the period. Mainstay Capital Management LLC ADV’s holdings in Grayscale Bitcoin Mini Trust were worth $201,000 at the end of the most recent reporting period.

Several other hedge funds and other institutional investors have also made changes to their positions in the business. Jane Street Group LLC acquired a new stake in Grayscale Bitcoin Mini Trust in the third quarter worth approximately $111,916,000. Horizon Kinetics Asset Management LLC acquired a new stake in Grayscale Bitcoin Mini Trust in the third quarter worth approximately $86,042,000. Emory University acquired a new stake in Grayscale Bitcoin Mini Trust in the third quarter worth approximately $15,082,000. HighTower Advisors LLC acquired a new stake in Grayscale Bitcoin Mini Trust in the third quarter worth approximately $7,491,000. Finally, EagleClaw Capital Managment LLC acquired a new stake in Grayscale Bitcoin Mini Trust in the third quarter worth approximately $5,719,000.

Grayscale Bitcoin Mini Trust Stock Performance

BTC opened at $42.02 on Monday. Grayscale Bitcoin Mini Trust has a 1-year low of $22.00 and a 1-year high of $48.07. The business has a 50 day moving average price of $43.73 and a two-hundred day moving average price of $36.07.