Grayscale Bitcoin Trust (NYSEARCA:GBTC) Holdings Raised by PYA Waltman Capital LLC

PYA Waltman Capital LLC raised its position in Grayscale Bitcoin Trust (NYSEARCA:GBTC) by 0.9% during the fourth quarter, HoldingsChannel.com reports. The firm owned 37,598 shares of the company’s stock after buying an additional 339 shares during the quarter. PYA Waltman Capital LLC’s holdings in Grayscale Bitcoin Trust were worth $2,783,000 as of its most recent SEC filing.

Several other institutional investors have also made changes to their positions in GBTC. Activest Wealth Management boosted its holdings in Grayscale Bitcoin Trust by 53.0% in the fourth quarter. Activest Wealth Management now owns 404 shares of the company’s stock worth $30,000 after purchasing an additional 140 shares in the last quarter. Armstrong Advisory Group Inc. lifted its position in Grayscale Bitcoin Trust by 310.0% during the 4th quarter. Armstrong Advisory Group Inc. now owns 410 shares of the company’s stock worth $30,000 after acquiring an additional 310 shares during the last quarter. Bear Mountain Capital Inc. increased its stake in shares of Grayscale Bitcoin Trust by 162.5% in the fourth quarter. Bear Mountain Capital Inc. now owns 525 shares of the company’s stock worth $43,000 after purchasing an additional 325 shares during the period. Financial Life Planners bought a new position in Grayscale Bitcoin Trust in the 4th quarter worth approximately $61,000. Finally, West Oak Capital LLC grew its stake in shares of Grayscale Bitcoin Trust by 53.1% in the fourth quarter. West Oak Capital LLC now owns 980 shares of the company’s stock worth $73,000 after acquiring an additional 340 shares during the last quarter.

Grayscale Bitcoin Trust Stock Performance

Shares of GBTC opened at $78.01 on Friday. Grayscale Bitcoin Trust has a 52 week low of $39.56 and a 52 week high of $86.11. The firm has a market capitalization of $19.72 billion, a P/E ratio of 2.23 and a beta of 2.51. The company has a 50-day simple moving average of $78.25 and a 200-day simple moving average of $64.09.

Grayscale Bitcoin Trust Company Profile

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.