Cherrydale Wealth Management LLC Purchases New Stake in Grayscale Bitcoin Mini Trust (NYSEARCA:BTC)

Cherrydale Wealth Management LLC bought a new position in shares of Grayscale Bitcoin Mini Trust (NYSEARCA:BTC) during the third quarter, HoldingsChannel.com reports. The firm bought 13,531 shares of the company’s stock, valued at approximately $76,000.

A number of other hedge funds and other institutional investors have also recently added to or reduced their stakes in BTC. Sapient Capital LLC acquired a new position in shares of Grayscale Bitcoin Mini Trust during the 3rd quarter worth approximately $296,000. VitalStone Financial LLC acquired a new position in shares of Grayscale Bitcoin Mini Trust during the 3rd quarter worth approximately $57,000. Compagnie Lombard Odier SCmA acquired a new position in shares of Grayscale Bitcoin Mini Trust during the 3rd quarter worth approximately $79,000. Sound Income Strategies LLC acquired a new position in shares of Grayscale Bitcoin Mini Trust during the 3rd quarter worth approximately $25,000. Finally, Birch Hill Investment Advisors LLC acquired a new position in shares of Grayscale Bitcoin Mini Trust during the 3rd quarter worth approximately $774,000.

Grayscale Bitcoin Mini Trust Stock Up 3.0 %

Shares of NYSEARCA:BTC traded up $0.17 during trading on Monday, hitting $5.78. 918,537 shares of the company were exchanged, compared to its average volume of 7,453,008. Grayscale Bitcoin Mini Trust has a fifty-two week low of $4.40 and a fifty-two week high of $5.93. The firm has a fifty day moving average price of $5.33 and a two-hundred day moving average price of $59.47.