Variant Private Wealth LLC Makes New $799,000 Investment in Grayscale Bitcoin Mini Trust (NYSEARCA:BTC)

Variant Private Wealth LLC bought a new stake in Grayscale Bitcoin Mini Trust (NYSEARCA:BTC) during the 4th quarter, according to its most recent filing with the Securities and Exchange Commission. The firm bought 19,072 shares of the company’s stock, valued at approximately $799,000. Grayscale Bitcoin Mini Trust comprises 0.8% of Variant Private Wealth LLC’s investment portfolio, making the stock its 28th biggest position. Variant Private Wealth LLC owned 5.87% of Grayscale Bitcoin Mini Trust at the end of the most recent reporting period.

Several other hedge funds and other institutional investors also recently modified their holdings of BTC. Jane Street Group LLC purchased a new position in shares of Grayscale Bitcoin Mini Trust in the 3rd quarter valued at approximately $111,916,000. Horizon Kinetics Asset Management LLC purchased a new position in shares of Grayscale Bitcoin Mini Trust in the 3rd quarter valued at approximately $86,042,000. Emory University purchased a new stake in shares of Grayscale Bitcoin Mini Trust in the third quarter valued at approximately $15,082,000. HighTower Advisors LLC purchased a new stake in shares of Grayscale Bitcoin Mini Trust in the third quarter valued at approximately $7,491,000. Finally, EagleClaw Capital Managment LLC purchased a new stake in shares of Grayscale Bitcoin Mini Trust in the third quarter valued at approximately $5,719,000.

Grayscale Bitcoin Mini Trust Stock Performance

Grayscale Bitcoin Mini Trust stock opened at $42.02 on Friday. Grayscale Bitcoin Mini Trust has a 1-year low of $22.00 and a 1-year high of $48.07. The stock’s 50 day moving average price is $43.73 and its 200 day moving average price is $35.91.