Mirador Capital Partners LP Makes New $449,000 Investment in Grayscale Bitcoin Trust (NYSEARCA:GBTC)

Mirador Capital Partners LP acquired a new stake in shares of Grayscale Bitcoin Trust (NYSEARCA:GBTC) during the first quarter, Holdings Channel.com reports. The fund acquired 7,113 shares of the company’s stock, valued at approximately $449,000.

Other institutional investors have also made changes to their positions in the company. Pettinga Financial Advisors LLC acquired a new stake in Grayscale Bitcoin Trust during the 1st quarter valued at approximately $2,721,000. Compass Ion Advisors LLC purchased a new position in shares of Grayscale Bitcoin Trust during the 1st quarter valued at approximately $2,980,000. SteelPeak Wealth LLC bought a new stake in shares of Grayscale Bitcoin Trust in the first quarter worth $287,000. Deltec Asset Management LLC acquired a new stake in Grayscale Bitcoin Trust in the first quarter valued at $894,000. Finally, Fiduciary Alliance LLC bought a new position in Grayscale Bitcoin Trust during the 1st quarter valued at $3,313,000.

Grayscale Bitcoin Trust Stock Performance

Shares of Grayscale Bitcoin Trust stock opened at $56.10 on Tuesday. Grayscale Bitcoin Trust has a 1 year low of $17.00 and a 1 year high of $65.61. The firm’s 50-day simple moving average is $57.95 and its 200-day simple moving average is $51.63. The firm has a market cap of $28.65 billion, a PE ratio of 2.29 and a beta of 1.25.

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.