Grayscale Bitcoin Mini Trust (NYSEARCA:BTC – Get Free Report)’s stock price shot up 6.4% during trading on Tuesday . The company traded as high as $43.93 and last traded at $43.85. 972,318 shares changed hands during trading, a decline of 49% from the average session volume of 1,913,670 shares. The stock had previously closed at $41.21.
Grayscale Bitcoin Mini Trust Stock Up 6.4 %
The stock’s 50 day moving average is $38.79 and its two-hundred day moving average is $143.69.
Institutional Inflows and Outflows
Several institutional investors and hedge funds have recently added to or reduced their stakes in BTC. Sound Income Strategies LLC purchased a new stake in Grayscale Bitcoin Mini Trust in the third quarter valued at approximately $25,000. Sunbelt Securities Inc. purchased a new stake in shares of Grayscale Bitcoin Mini Trust in the 3rd quarter valued at $25,000. ZRC Wealth Management LLC purchased a new position in shares of Grayscale Bitcoin Mini Trust during the third quarter worth $36,000. SouthState Corp acquired a new position in Grayscale Bitcoin Mini Trust during the third quarter valued at $37,000. Finally, Oxbow Advisors LLC purchased a new stake in Grayscale Bitcoin Mini Trust in the third quarter valued at $56,000.
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