1 day Ago By Defense World Staff
Renaissance Technologies LLC purchased a new stake in shares of Grayscale Bitcoin Trust ( NYSEARCA:GBTC – Free Report ) in the fourth quarter, according to its most recent disclosure with the Securities & Exchange Commission. The firm purchased 15,000 shares of the company’s stock, valued at approximately $1,110,000. A number of other hedge funds have also bought and sold shares of the business.
Proficio Capital Partners LLC raised its stake in shares of Grayscale Bitcoin Trust by 4,462.7% during the 4th quarter. Proficio Capital Partners LLC now owns 2,103,962 shares of the company’s stock worth $155,735,000 after purchasing an additional 2,057,850 shares during the period.
Strategic Financial Concepts LLC bought a new stake in Grayscale Bitcoin Trust in the fourth quarter worth about $19,360,000. SLT Holdings LLC purchased a new position in Grayscale Bitcoin Trust in the fourth quarter valued at about $10,203,000. Discovery Capital Management LLC CT purchased a new position in Grayscale Bitcoin Trust in the fourth quarter valued at about $7,950,000.
Finally, Citrine Capital LLC bought a new position in shares of Grayscale Bitcoin Trust during the 4th quarter valued at approximately $7,721,000. Grayscale Bitcoin Trust Trading Up 0.6 % NYSEARCA:GBTC opened at $75.
25 on Wednesday. Grayscale Bitcoin Trust has a 12 month low of $39.56 and a 12 month high of $86.
11. The firm’s 50 day moving average is $67.76 and its 200 day moving average is $70.
98. The stock has a market capitalization of $18.17 billion, a PE ratio of 2.
23 and a beta of 2.56. Grayscale Bitcoin Trust Company Profile The Grayscale Bitcoin Trust (GBTC) is an exchange-traded fund that mostly invests in long btc, short usd currency.
The fund is passively managed, offering exposure to the daily USD spot price of bitcoin (BTC). An investment in the fund is not a direct investment in bitcoin. GBTC was launched on Jan 11, 2024 and is issued by Grayscale.
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