Balboa Wealth Partners Buys Shares of 14,468 Grayscale Bitcoin Mini Trust (NYSEARCA:BTC)

Balboa Wealth Partners purchased a new position in shares of Grayscale Bitcoin Mini Trust (NYSEARCA:BTC) in the 4th quarter, according to the company in its most recent filing with the SEC. The fund purchased 14,468 shares of the company’s stock, valued at approximately $606,000. Balboa Wealth Partners owned 4.45% of Grayscale Bitcoin Mini Trust at the end of the most recent reporting period.

Other institutional investors and hedge funds have also modified their holdings of the company. Sunbelt Securities Inc. acquired a new stake in Grayscale Bitcoin Mini Trust during the 3rd quarter worth $25,000. Golden State Wealth Management LLC bought a new position in shares of Grayscale Bitcoin Mini Trust in the 4th quarter worth $27,000. Modus Advisors LLC acquired a new stake in shares of Grayscale Bitcoin Mini Trust during the fourth quarter worth $29,000. Mainstream Capital Management LLC bought a new stake in Grayscale Bitcoin Mini Trust in the fourth quarter valued at about $32,000. Finally, SouthState Corp acquired a new position in Grayscale Bitcoin Mini Trust in the third quarter valued at about $37,000.

Grayscale Bitcoin Mini Trust Stock Performance

Grayscale Bitcoin Mini Trust stock opened at $36.75 on Thursday. The business has a 50-day moving average of $42.38 and a 200-day moving average of $37.05. Grayscale Bitcoin Mini Trust has a 1 year low of $22.00 and a 1 year high of $48.07.

About Grayscale Bitcoin Mini Trust

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.