Grayscale Bitcoin Mini Trust (NYSEARCA:BTC) Shares Sold by SouthState Corp

SouthState Corp cut its position in shares of Grayscale Bitcoin Mini Trust (NYSEARCA:BTC) by 80.0% in the 4th quarter, HoldingsChannel.com reports. The fund owned 1,321 shares of the company’s stock after selling 5,285 shares during the period. SouthState Corp’s holdings in Grayscale Bitcoin Mini Trust were worth $55,000 at the end of the most recent quarter.

Several other institutional investors and hedge funds also recently added to or reduced their stakes in the company. Jane Street Group LLC acquired a new stake in shares of Grayscale Bitcoin Mini Trust in the third quarter valued at about $111,916,000. Horizon Kinetics Asset Management LLC acquired a new stake in shares of Grayscale Bitcoin Mini Trust in the third quarter valued at about $86,042,000. HighTower Advisors LLC acquired a new stake in shares of Grayscale Bitcoin Mini Trust in the third quarter valued at about $7,491,000. EagleClaw Capital Managment LLC acquired a new stake in shares of Grayscale Bitcoin Mini Trust in the third quarter valued at about $5,719,000. Finally, One Charles Private Wealth Services LLC acquired a new stake in shares of Grayscale Bitcoin Mini Trust in the third quarter valued at about $2,660,000.

Grayscale Bitcoin Mini Trust Trading Down 2.7 %

BTC stock opened at $36.43 on Wednesday. Grayscale Bitcoin Mini Trust has a 1 year low of $22.00 and a 1 year high of $48.07. The stock has a 50-day simple moving average of $41.82 and a 200-day simple moving average of $37.40.

Grayscale Bitcoin Mini Trust Company Profile

The Grayscale Bitcoin Mini Trust ETF (BTC) is an exchange-traded fund that is based on the CoinDesk Bitcoin Cash Price index. The fund is passively managed, offering exposure to the daily USD spot price of Bitcoin, less expenses and liabilities. An investment in the fund is not a direct investment in Bitcoin.