One Charles Private Wealth Services LLC Has $21.82 Million Holdings in Grayscale Bitcoin Trust (NYSEARCA:GBTC)

One Charles Private Wealth Services LLC lessened its position in Grayscale Bitcoin Trust (NYSEARCA:GBTC) by 1.5% during the fourth quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The fund owned 294,713 shares of the company’s stock after selling 4,502 shares during the period. Grayscale Bitcoin Trust accounts for 7.3% of One Charles Private Wealth Services LLC’s investment portfolio, making the stock its 3rd biggest position. One Charles Private Wealth Services LLC’s holdings in Grayscale Bitcoin Trust were worth $21,815,000 at the end of the most recent reporting period.

Other large investors have also added to or reduced their stakes in the company. Proficio Capital Partners LLC boosted its holdings in shares of Grayscale Bitcoin Trust by 4,462.7% during the fourth quarter. Proficio Capital Partners LLC now owns 2,103,962 shares of the company’s stock worth $155,735,000 after purchasing an additional 2,057,850 shares during the period. Strategic Financial Concepts LLC purchased a new stake in Grayscale Bitcoin Trust in the 4th quarter worth approximately $19,360,000. SLT Holdings LLC bought a new stake in shares of Grayscale Bitcoin Trust in the 4th quarter worth approximately $10,203,000. Citrine Capital LLC purchased a new position in shares of Grayscale Bitcoin Trust during the fourth quarter valued at approximately $7,721,000. Finally, Variant Private Wealth LLC bought a new position in shares of Grayscale Bitcoin Trust during the fourth quarter valued at approximately $7,113,000.

Grayscale Bitcoin Trust Stock Down 1.6 %

Shares of GBTC stock opened at $66.50 on Friday. The firm has a market capitalization of $16.45 billion, a price-to-earnings ratio of 2.23 and a beta of 2.59. The stock has a fifty day moving average of $74.42 and a 200 day moving average of $66.93. Grayscale Bitcoin Trust has a 52 week low of $39.56 and a 52 week high of $86.11.

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.