5,865 Shares in Grayscale Bitcoin Trust (NYSEARCA:GBTC) Purchased by SeaCrest Wealth Management LLC

SeaCrest Wealth Management LLC acquired a new stake in Grayscale Bitcoin Trust (NYSEARCA:GBTC) in the 1st quarter, according to the company in its most recent 13F filing with the SEC. The firm acquired 5,865 shares of the company’s stock, valued at approximately $370,000.

A number of other institutional investors also recently modified their holdings of GBTC. Winch Advisory Services LLC bought a new stake in shares of Grayscale Bitcoin Trust during the fourth quarter valued at approximately $66,000. Next Capital Management LLC acquired a new position in Grayscale Bitcoin Trust during the 4th quarter worth $670,000. Equitable Trust Co. bought a new position in Grayscale Bitcoin Trust in the 4th quarter valued at $203,000. Canton Hathaway LLC acquired a new stake in shares of Grayscale Bitcoin Trust in the 4th quarter valued at $942,000. Finally, SVB Wealth LLC bought a new stake in shares of Grayscale Bitcoin Trust during the fourth quarter worth $770,000.

Grayscale Bitcoin Trust Stock Down 2.3 %

Grayscale Bitcoin Trust stock opened at $53.65 on Thursday. The business’s 50-day simple moving average is $57.80 and its 200 day simple moving average is $51.82. The stock has a market cap of $27.40 billion, a price-to-earnings ratio of 2.29 and a beta of 1.25. Grayscale Bitcoin Trust has a 12-month low of $17.00 and a 12-month high of $65.61.

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.