Runnymede Capital Advisors Inc. Invests $94,000 in Grayscale Bitcoin Mini Trust (NYSEARCA:BTC)

Runnymede Capital Advisors Inc. bought a new position in shares of Grayscale Bitcoin Mini Trust (NYSEARCA:BTC) in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The institutional investor bought 2,241 shares of the company’s stock, valued at approximately $94,000. Runnymede Capital Advisors Inc. owned approximately 0.69% of Grayscale Bitcoin Mini Trust as of its most recent SEC filing.

Other large investors have also modified their holdings of the company. Spire Wealth Management purchased a new stake in shares of Grayscale Bitcoin Mini Trust during the fourth quarter worth $927,000. Golden State Wealth Management LLC acquired a new position in shares of Grayscale Bitcoin Mini Trust during the 4th quarter valued at about $27,000. Strategic Financial Concepts LLC acquired a new position in shares of Grayscale Bitcoin Mini Trust during the 4th quarter valued at about $1,044,000. Caprock Group LLC acquired a new position in shares of Grayscale Bitcoin Mini Trust during the 4th quarter valued at about $251,000. Finally, Quent Capital LLC acquired a new position in shares of Grayscale Bitcoin Mini Trust during the 4th quarter valued at about $53,000.

Grayscale Bitcoin Mini Trust Price Performance

Shares of BTC stock opened at $37.19 on Friday. The company’s 50-day moving average price is $41.57 and its 200-day moving average price is $37.48. Grayscale Bitcoin Mini Trust has a twelve month low of $22.00 and a twelve month 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.