25 LLC Purchases Shares of 2,950 Grayscale Bitcoin Trust (NYSEARCA:GBTC)

25 LLC acquired a new position in Grayscale Bitcoin Trust (NYSEARCA:GBTC) during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund acquired 2,950 shares of the company’s stock, valued at approximately $218,000.

A number of other institutional investors and hedge funds have also recently modified their holdings of the company. Greenwich Wealth Management LLC boosted its stake in Grayscale Bitcoin Trust by 99.9% in the third quarter. Greenwich Wealth Management LLC now owns 1,076,820 shares of the company’s stock valued at $54,379,000 after acquiring an additional 538,256 shares in the last quarter. Mad River Investors lifted its holdings in shares of Grayscale Bitcoin Trust by 26.7% during the 3rd quarter. Mad River Investors now owns 389,745 shares of the company’s stock valued at $19,682,000 after purchasing an additional 82,187 shares during the last quarter. Moors & Cabot Inc. boosted its position in shares of Grayscale Bitcoin Trust by 0.4% in the 3rd quarter. Moors & Cabot Inc. now owns 368,975 shares of the company’s stock worth $18,633,000 after purchasing an additional 1,305 shares in the last quarter. Magnolia Capital Advisors LLC acquired a new stake in shares of Grayscale Bitcoin Trust in the 2nd quarter worth $14,810,000. Finally, International Assets Investment Management LLC grew its stake in Grayscale Bitcoin Trust by 4,950.0% during the 3rd quarter. International Assets Investment Management LLC now owns 193,415 shares of the company’s stock worth $97,670,000 after buying an additional 189,585 shares during the last quarter.

Grayscale Bitcoin Trust Stock Performance

Grayscale Bitcoin Trust stock opened at $83.05 on Friday. The stock has a market cap of $42.41 billion, a PE ratio of 2.29 and a beta of 1.25. The stock has a 50-day moving average of $76.57 and a two-hundred day moving average of $60.03. Grayscale Bitcoin Trust has a one year low of $34.31 and a one year high of $86.11.

About Grayscale Bitcoin Trust

The Grayscale Bitcoin Trust (GBTC) is an exchange-traded fund that mostly invests in long btc, short usd currency. The fund is passively managed, offering exposure to the daily USD spot price of bitcoin (BTC). An investment in the fund is not a direct investment in bitcoin. GBTC was launched on Jan 11, 2024 and is issued by Grayscale.