CENTRAL TRUST Co Sells 925 Shares of Grayscale Bitcoin Trust (NYSEARCA:GBTC)

CENTRAL TRUST Co decreased its position in shares of Grayscale Bitcoin Trust (NYSEARCA:GBTC) by 38.1% in the 3rd quarter, according to its most recent Form 13F filing with the Securities & Exchange Commission. The firm owned 1,500 shares of the company’s stock after selling 925 shares during the quarter. CENTRAL TRUST Co’s holdings in Grayscale Bitcoin Trust were worth $76,000 at the end of the most recent reporting period.

A number of other large investors have also recently bought and sold shares of GBTC. BOKF NA acquired a new stake in shares of Grayscale Bitcoin Trust during the 1st quarter worth approximately $57,000. SeaCrest Wealth Management LLC acquired a new stake in shares of Grayscale Bitcoin Trust in the 1st quarter valued at $370,000. Level Financial Advisors bought a new position in shares of Grayscale Bitcoin Trust in the 1st quarter valued at $255,000. Moloney Securities Asset Management LLC acquired a new position in shares of Grayscale Bitcoin Trust during the 1st quarter worth $364,000. Finally, Mirador Capital Partners LP bought a new stake in shares of Grayscale Bitcoin Trust during the 1st quarter worth $449,000.

Grayscale Bitcoin Trust Stock Down 2.3 %

Grayscale Bitcoin Trust stock opened at $53.09 on Monday. The stock has a market cap of $27.11 billion, a PE ratio of 2.29 and a beta of 1.25. Grayscale Bitcoin Trust has a 12-month low of $24.85 and a 12-month high of $65.61. The business’s 50-day moving average price is $49.34 and its two-hundred day moving average price is $53.61.

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.