Meridian Wealth Management LLC Has $440,000 Holdings in Grayscale Bitcoin Mini Trust ETF $BTC

Meridian Wealth Management LLC raised its holdings in Grayscale Bitcoin Mini Trust ETF (NYSEARCA:BTC) by 65.0% during the second quarter, according to the company in its most recent Form 13F filing with the Securities & Exchange Commission. The fund owned 9,211 shares of the company’s stock after acquiring an additional 3,629 shares during the period. Meridian Wealth Management LLC’s holdings in Grayscale Bitcoin Mini Trust ETF were worth $440,000 at the end of the most recent quarter.

Several other institutional investors have also recently bought and sold shares of the business. Foundations Investment Advisors LLC boosted its stake in shares of Grayscale Bitcoin Mini Trust ETF by 51.8% in the 2nd quarter. Foundations Investment Advisors LLC now owns 34,528 shares of the company’s stock valued at $1,649,000 after purchasing an additional 11,779 shares in the last quarter. Beacon Harbor Wealth Advisors Inc. acquired a new stake in Grayscale Bitcoin Mini Trust ETF in the second quarter valued at approximately $11,374,000. SageOak Financial LLC acquired a new stake in Grayscale Bitcoin Mini Trust ETF in the second quarter valued at approximately $204,000. EagleClaw Capital Managment LLC grew its stake in shares of Grayscale Bitcoin Mini Trust ETF by 2.9% during the second quarter. EagleClaw Capital Managment LLC now owns 215,640 shares of the company’s stock worth $10,297,000 after buying an additional 6,084 shares during the last quarter. Finally, PNC Financial Services Group Inc. increased its holdings in shares of Grayscale Bitcoin Mini Trust ETF by 14.3% during the second quarter. PNC Financial Services Group Inc. now owns 10,205 shares of the company’s stock worth $487,000 after buying an additional 1,278 shares in the last quarter. Institutional investors and hedge funds own 27.38% of the company’s stock.

Grayscale Bitcoin Mini Trust ETF Price Performance

NYSEARCA BTC opened at $40.65 on Tuesday. Grayscale Bitcoin Mini Trust ETF has a twelve month low of $33.53 and a twelve month high of $55.96. The business’s fifty day moving average is $49.26 and its 200 day moving average is $48.95.

Grayscale Bitcoin Mini Trust ETF Company Profile

The Grayscale Bitcoin Mini Trust ETF (BTC) is an exchange-traded fund that is based on the CoinDesk Bitcoin Cash Price index. The fund is passively managed, offering exposure to the daily USD spot price of Bitcoin, less expenses and liabilities. An investment in the fund is not a direct investment in Bitcoin.