Mainstream Capital Management LLC Buys Shares of 768 Grayscale Bitcoin Mini Trust (NYSEARCA:BTC)

Mainstream Capital Management LLC bought a new stake in shares of Grayscale Bitcoin Mini Trust (NYSEARCA:BTC) in the 4th quarter, according to its most recent filing with the SEC. The institutional investor bought 768 shares of the company’s stock, valued at approximately $32,000. Mainstream Capital Management LLC owned about 0.24% of Grayscale Bitcoin Mini Trust at the end of the most recent quarter.

Other hedge funds have also made changes to their positions in the company. Spire Wealth Management bought a new position in Grayscale Bitcoin Mini Trust during the 4th quarter valued at $927,000. Bray Capital Advisors bought a new position in shares of Grayscale Bitcoin Mini Trust during the third quarter worth about $305,000. Strategic Financial Concepts LLC acquired a new position in Grayscale Bitcoin Mini Trust in the fourth quarter worth about $1,044,000. Golden State Wealth Management LLC bought a new stake in Grayscale Bitcoin Mini Trust in the fourth quarter valued at about $27,000. Finally, Private Advisor Group LLC acquired a new stake in Grayscale Bitcoin Mini Trust during the third quarter valued at approximately $167,000.

Grayscale Bitcoin Mini Trust Trading Up 1.0 %

Shares of BTC opened at $38.50 on Wednesday. Grayscale Bitcoin Mini Trust has a 52 week low of $22.00 and a 52 week high of $48.07. The stock has a 50 day moving average of $42.92 and a 200-day moving average of $36.66.

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.