APEIRON CAPITAL Ltd Purchases Shares of 159,100 iShares Bitcoin Trust (NASDAQ:IBIT)

APEIRON CAPITAL Ltd acquired a new position in iShares Bitcoin Trust (NASDAQ:IBIT) during the 4th quarter, according to the company in its most recent filing with the Securities and Exchange Commission. The institutional investor acquired 159,100 shares of the company’s stock, valued at approximately $8,440,000. iShares Bitcoin Trust accounts for 3.1% of APEIRON CAPITAL Ltd’s investment portfolio, making the stock its 8th largest position.

Other institutional investors have also recently made changes to their positions in the company. IMC Chicago LLC bought a new stake in iShares Bitcoin Trust during the third quarter valued at about $323,337,000. D. E. Shaw & Co. Inc. lifted its position in shares of iShares Bitcoin Trust by 1,657.7% during the 2nd quarter. D. E. Shaw & Co. Inc. now owns 2,636,608 shares of the company’s stock valued at $90,014,000 after buying an additional 2,486,608 shares in the last quarter. Sculptor Capital LP grew its stake in shares of iShares Bitcoin Trust by 188.1% during the 2nd quarter. Sculptor Capital LP now owns 3,392,812 shares of the company’s stock valued at $115,831,000 after acquiring an additional 2,215,107 shares during the period. Aristeia Capital L.L.C. increased its holdings in iShares Bitcoin Trust by 47.2% in the 2nd quarter. Aristeia Capital L.L.C. now owns 5,940,411 shares of the company’s stock worth $202,806,000 after acquiring an additional 1,903,644 shares in the last quarter. Finally, Point72 Asset Management L.P. bought a new stake in iShares Bitcoin Trust during the 2nd quarter worth approximately $56,965,000.

iShares Bitcoin Trust Stock Up 3.9 %

Shares of NASDAQ:IBIT opened at $58.17 on Tuesday. The firm’s 50 day simple moving average is $51.97 and its two-hundred day simple moving average is $41.08. iShares Bitcoin Trust has a 1-year low of $22.02 and a 1-year high of $61.75.

About iShares Bitcoin Trust

The IShares Bitcoin Trust Registered (IBIT) is an exchange-traded fund that mostly invests in long btc, short usd currency. The fund is a passively managed fund that seeks to track the spot price of Bitcoin. IBIT was launched on Jan 5, 2024 and is issued by BlackRock.