Grayscale Bitcoin Mini Trust (NYSEARCA:BTC) Shares Up 6.4% – Here’s What Happened

Grayscale Bitcoin Mini Trust (NYSEARCA:BTC)’s share price was up 6.4% during mid-day trading on Tuesday . The stock traded as high as $43.93 and last traded at $43.85. Approximately 972,318 shares traded hands during trading, a decline of 49% from the average daily volume of 1,913,670 shares. The stock had previously closed at $41.21.

Grayscale Bitcoin Mini Trust Stock Up 6.4 %

The business has a 50 day moving average of $38.23 and a 200-day moving average of $147.33.

Institutional Investors Weigh In On Grayscale Bitcoin Mini Trust

Several hedge funds have recently modified their holdings of the company. B. Riley Wealth Advisors Inc. acquired a new stake in shares of Grayscale Bitcoin Mini Trust in the third quarter worth approximately $285,000. Beaird Harris Wealth Management LLC acquired a new position in Grayscale Bitcoin Mini Trust in the 3rd quarter worth $65,000. Franklin Resources Inc. purchased a new position in Grayscale Bitcoin Mini Trust in the third quarter valued at about $364,000. Synovus Financial Corp purchased a new stake in Grayscale Bitcoin Mini Trust during the 3rd quarter worth approximately $98,000. Finally, Wilmington Savings Fund Society FSB acquired a new position in shares of Grayscale Bitcoin Mini Trust in the 3rd quarter valued at approximately $127,000.