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

Variant Private Wealth LLC bought a new position in shares of Grayscale Bitcoin Mini Trust (NYSEARCA:BTC) during the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 19,072 shares of the company’s stock, valued at approximately $799,000. Grayscale Bitcoin Mini Trust makes up 0.8% of Variant Private Wealth LLC’s investment portfolio, making the stock its 28th biggest holding. Variant Private Wealth LLC owned approximately 0.06% of Grayscale Bitcoin Mini Trust at the end of the most recent reporting period.

A number of other institutional investors also recently bought and sold shares of BTC. Golden State Wealth Management LLC acquired a new position in shares of Grayscale Bitcoin Mini Trust in the fourth quarter worth $27,000. Modus Advisors LLC acquired a new position in shares of Grayscale Bitcoin Mini Trust in the fourth quarter worth $29,000. Harbor Investment Advisory LLC acquired a new position in shares of Grayscale Bitcoin Mini Trust in the fourth quarter worth $40,000. Asset Dedication LLC raised its holdings in shares of Grayscale Bitcoin Mini Trust by 56.5% in the fourth quarter. Asset Dedication LLC now owns 1,175 shares of the company’s stock worth $49,000 after acquiring an additional 424 shares during the last quarter. Finally, Quent Capital LLC acquired a new position in shares of Grayscale Bitcoin Mini Trust in the fourth quarter worth $53,000.

Grayscale Bitcoin Mini Trust Price Performance

NYSEARCA BTC opened at $42.02 on Friday. Grayscale Bitcoin Mini Trust has a fifty-two week low of $22.00 and a fifty-two week high of $48.07. The business has a fifty day moving average of $43.73 and a 200-day moving average of $35.91.