Abacus Planning Group Inc. Makes New Investment in Grayscale Bitcoin Mini Trust (NYSEARCA:BTC)

Abacus Planning Group Inc. acquired a new position in shares of Grayscale Bitcoin Mini Trust (NYSEARCA:BTC) in the 4th quarter, according to its most recent Form 13F filing with the Securities and Exchange Commission. The fund acquired 6,044 shares of the company’s stock, valued at approximately $253,000. Abacus Planning Group Inc. owned about 1.86% of Grayscale Bitcoin Mini Trust at the end of the most recent quarter.

Several other institutional investors and hedge funds have also recently added to or reduced their stakes in the company. Jane Street Group LLC bought a new stake in Grayscale Bitcoin Mini Trust during the 3rd quarter worth about $111,916,000. Horizon Kinetics Asset Management LLC bought a new stake in Grayscale Bitcoin Mini Trust during the 3rd quarter worth about $86,042,000. Emory University bought a new stake in shares of Grayscale Bitcoin Mini Trust in the 3rd quarter valued at about $15,082,000. HighTower Advisors LLC bought a new stake in shares of Grayscale Bitcoin Mini Trust in the 3rd quarter valued at about $7,491,000. Finally, EagleClaw Capital Managment LLC bought a new stake in shares of Grayscale Bitcoin Mini Trust in the 3rd quarter valued at about $5,719,000.

Grayscale Bitcoin Mini Trust Stock Up 2.2 %

Shares of BTC stock opened at $42.63 on Thursday. The stock has a 50-day moving average of $43.80 and a 200-day moving average of $35.73. Grayscale Bitcoin Mini Trust has a one year low of $22.00 and a one year high of $48.07.