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

Beck Capital Management LLC lessened its position in shares of Grayscale Bitcoin Mini Trust (NYSEARCA:BTC) by 79.4% during the 4th quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 22,980 shares of the company’s stock after selling 88,791 shares during the quarter. Beck Capital Management LLC owned 7.07% of Grayscale Bitcoin Mini Trust worth $962,000 at the end of the most recent reporting period.

A number of other hedge funds have also modified their holdings of BTC. Hollencrest Capital Management boosted its position in Grayscale Bitcoin Mini Trust by 32.5% in the fourth quarter. Hollencrest Capital Management now owns 1,120 shares of the company’s stock valued at $47,000 after buying an additional 275 shares during the last quarter. Asset Dedication LLC lifted its stake in Grayscale Bitcoin Mini Trust by 56.5% during the 4th quarter. Asset Dedication LLC now owns 1,175 shares of the company’s stock valued at $49,000 after acquiring an additional 424 shares during the period. Glass Jacobson Investment Advisors llc boosted its holdings in shares of Grayscale Bitcoin Mini Trust by 18.8% in the 4th quarter. Glass Jacobson Investment Advisors llc now owns 3,076 shares of the company’s stock valued at $129,000 after acquiring an additional 486 shares during the last quarter. Golden State Wealth Management LLC acquired a new stake in shares of Grayscale Bitcoin Mini Trust in the fourth quarter worth $27,000. Finally, Modus Advisors LLC purchased a new position in shares of Grayscale Bitcoin Mini Trust during the fourth quarter worth $29,000.

Grayscale Bitcoin Mini Trust Stock Performance

NYSEARCA BTC opened at $40.56 on Wednesday. The company has a fifty day moving average of $38.08 and a 200 day moving average of $39.21. Grayscale Bitcoin Mini Trust has a 1 year low of $22.00 and a 1 year 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.