SLT Holdings LLC Takes $890,000 Position in Grayscale Bitcoin Mini Trust (NYSEARCA:BTC)

SLT Holdings LLC purchased a new stake in shares of Grayscale Bitcoin Mini Trust (NYSEARCA:BTC) during the 4th quarter, HoldingsChannel reports. The institutional investor purchased 21,248 shares of the company’s stock, valued at approximately $890,000. Grayscale Bitcoin Mini Trust makes up 0.8% of SLT Holdings LLC’s investment portfolio, making the stock its 29th biggest holding. SLT Holdings LLC owned about 0.07% of Grayscale Bitcoin Mini Trust at the end of the most recent quarter.

Several other institutional investors have also recently made changes to their positions in BTC. Jane Street Group LLC acquired a new position in Grayscale Bitcoin Mini Trust during the third quarter worth $111,916,000. Horizon Kinetics Asset Management LLC acquired a new position in Grayscale Bitcoin Mini Trust during the third quarter worth $86,042,000. HighTower Advisors LLC acquired a new position in Grayscale Bitcoin Mini Trust during the third quarter worth $7,491,000. EagleClaw Capital Managment LLC acquired a new position in Grayscale Bitcoin Mini Trust during the third quarter worth $5,719,000. Finally, One Charles Private Wealth Services LLC acquired a new position in Grayscale Bitcoin Mini Trust during the third quarter worth $2,660,000.

Grayscale Bitcoin Mini Trust Stock Performance

NYSEARCA:BTC opened at $38.54 on Friday. The stock’s fifty day moving average is $42.72 and its two-hundred day moving average is $36.86. Grayscale Bitcoin Mini Trust has a 52 week low of $22.00 and a 52 week high of $48.07.

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.