840 Shares in Grayscale Bitcoin Trust (NYSEARCA:GBTC) Acquired by Crowley Wealth Management Inc.

Crowley Wealth Management Inc. bought a new position in Grayscale Bitcoin Trust (NYSEARCA:GBTC) in the fourth quarter, Holdings Channel reports. The firm bought 840 shares of the company’s stock, valued at approximately $62,000.

A number of other institutional investors also recently bought and sold shares of the stock. Rothschild Investment LLC boosted its stake in Grayscale Bitcoin Trust by 0.9% in the 4th quarter. Rothschild Investment LLC now owns 14,490 shares of the company’s stock worth $1,073,000 after purchasing an additional 130 shares in the last quarter. Activest Wealth Management boosted its stake in Grayscale Bitcoin Trust by 53.0% in the 4th quarter. Activest Wealth Management now owns 404 shares of the company’s stock worth $30,000 after purchasing an additional 140 shares in the last quarter. Mutual Advisors LLC boosted its stake in Grayscale Bitcoin Trust by 2.0% in the 4th quarter. Mutual Advisors LLC now owns 7,326 shares of the company’s stock worth $583,000 after purchasing an additional 146 shares in the last quarter. Pine Valley Investments Ltd Liability Co raised its position in Grayscale Bitcoin Trust by 1.0% during the 4th quarter. Pine Valley Investments Ltd Liability Co now owns 16,906 shares of the company’s stock worth $1,251,000 after buying an additional 165 shares during the last quarter. Finally, Synovus Financial Corp raised its position in Grayscale Bitcoin Trust by 0.8% during the 3rd quarter. Synovus Financial Corp now owns 20,956 shares of the company’s stock worth $1,058,000 after buying an additional 169 shares during the last quarter.

Grayscale Bitcoin Trust Trading Down 0.3 %

GBTC opened at $66.32 on Monday. Grayscale Bitcoin Trust has a 12-month low of $39.56 and a 12-month high of $86.11. The firm has a market capitalization of $16.26 billion, a PE ratio of 2.23 and a beta of 2.59. The firm has a 50 day moving average of $74.24 and a two-hundred day moving average of $67.36.

About Grayscale Bitcoin Trust

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.