Sprott Inc. Sells 12,373 Shares of Grayscale Bitcoin Mini Trust (NYSEARCA:BTC)

Sprott Inc. cut its stake in shares of Grayscale Bitcoin Mini Trust (NYSEARCA:BTC) by 64.2% during the 4th quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The institutional investor owned 6,913 shares of the company’s stock after selling 12,373 shares during the period. Sprott Inc. owned about 2.13% of Grayscale Bitcoin Mini Trust worth $289,000 as of its most recent SEC filing.

Several other institutional investors have also recently made changes to their positions in BTC. Creative Planning purchased a new position in Grayscale Bitcoin Mini Trust in the third quarter worth $819,000. Private Advisor Group LLC purchased a new position in Grayscale Bitcoin Mini Trust during the third quarter valued at approximately $167,000. International Assets Investment Management LLC bought a new position in Grayscale Bitcoin Mini Trust in the 3rd quarter worth about $1,210,000. Dakota Wealth Management bought a new stake in Grayscale Bitcoin Mini Trust during the third quarter valued at approximately $81,000. Finally, Pettinga Financial Advisors LLC purchased a new stake in Grayscale Bitcoin Mini Trust during the third quarter valued at about $1,095,000.

Grayscale Bitcoin Mini Trust Price Performance

BTC stock opened at $37.32 on Thursday. The company’s 50 day moving average price is $43.31 and its two-hundred day moving average price is $36.27. Grayscale Bitcoin Mini Trust has a one year low of $22.00 and a one year high of $48.07.