Grayscale Bitcoin Mini Trust (NYSEARCA:BTC) Holdings Decreased by Horizon Kinetics Asset Management LLC

Horizon Kinetics Asset Management LLC decreased its holdings in shares of Grayscale Bitcoin Mini Trust (NYSEARCA:BTC) by 79.9% during the fourth quarter, according to its most recent disclosure with the SEC. The fund owned 3,064,302 shares of the company’s stock after selling 12,218,491 shares during the period. Grayscale Bitcoin Mini Trust makes up approximately 1.6% of Horizon Kinetics Asset Management LLC’s investment portfolio, making the stock its 6th largest holding. Horizon Kinetics Asset Management LLC owned 9.43% of Grayscale Bitcoin Mini Trust worth $128,302,000 as of its most recent SEC filing.

A number of other large investors have also recently bought and sold shares of the company. Balboa Wealth Partners purchased a new stake in Grayscale Bitcoin Mini Trust in the fourth quarter valued at approximately $606,000. Farther Finance Advisors LLC purchased a new stake in Grayscale Bitcoin Mini Trust in the fourth quarter valued at approximately $567,000. Hollencrest Capital Management boosted its position in Grayscale Bitcoin Mini Trust by 32.5% in the fourth quarter. Hollencrest Capital Management now owns 1,120 shares of the company’s stock valued at $47,000 after buying an additional 275 shares during the last quarter. Guild Investment Management Inc. purchased a new stake in Grayscale Bitcoin Mini Trust in the fourth quarter valued at approximately $564,000. Finally, Prosperity Financial Group Inc. purchased a new stake in Grayscale Bitcoin Mini Trust in the fourth quarter valued at approximately $364,000.

Grayscale Bitcoin Mini Trust Stock Performance

Grayscale Bitcoin Mini Trust stock opened at $37.54 on Monday. Grayscale Bitcoin Mini Trust has a 12 month low of $22.00 and a 12 month high of $48.07. The stock’s 50 day simple moving average is $42.11 and its two-hundred day simple moving average is $37.25.

Grayscale Bitcoin Mini Trust Profile

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.