Requisite Capital Management LLC Sells 25,577 Shares of iShares Bitcoin Trust (NASDAQ:IBIT)

Requisite Capital Management LLC decreased its holdings in iShares Bitcoin Trust (NASDAQ:IBIT) by 24.2% during the 4th quarter, according to the company in its most recent disclosure with the Securities & Exchange Commission. The fund owned 80,139 shares of the company’s stock after selling 25,577 shares during the quarter. iShares Bitcoin Trust makes up 0.9% of Requisite Capital Management LLC’s investment portfolio, making the stock its 15th biggest holding. Requisite Capital Management LLC’s holdings in iShares Bitcoin Trust were worth $4,251,000 as of its most recent SEC filing.

Several other large investors have also bought and sold shares of IBIT. IMC Chicago LLC bought a new position in iShares Bitcoin Trust during the third quarter worth $323,337,000. Murchinson Ltd. boosted its position in shares of iShares Bitcoin Trust by 87.1% during the 2nd quarter. Murchinson Ltd. now owns 1,642,535 shares of the company’s stock worth $56,076,000 after purchasing an additional 764,575 shares in the last quarter. Clear Street Derivatives LLC acquired a new position in iShares Bitcoin Trust during the 3rd quarter worth approximately $23,686,000. CloudAlpha Capital Management Limited Hong Kong bought a new position in iShares Bitcoin Trust in the third quarter worth approximately $19,149,000. Finally, LMR Partners LLP boosted its holdings in iShares Bitcoin Trust by 350.0% in the third quarter. LMR Partners LLP now owns 630,000 shares of the company’s stock worth $22,762,000 after acquiring an additional 490,000 shares in the last quarter.

iShares Bitcoin Trust Price Performance

iShares Bitcoin Trust stock opened at $59.70 on Friday. The firm has a 50 day moving average price of $55.77 and a 200-day moving average price of $43.38. iShares Bitcoin Trust has a twelve month low of $22.58 and a twelve month high of $61.75.

iShares Bitcoin Trust Company Profile

The IShares Bitcoin Trust Registered (IBIT) is an exchange-traded fund that mostly invests in long btc, short usd currency. The fund is a passively managed fund that seeks to track the spot price of Bitcoin. IBIT was launched on Jan 5, 2024 and is issued by BlackRock.