Convergence Financial LLC Buys Shares of 58,525 Grayscale Bitcoin Mini Trust (NYSEARCA:BTC)

Convergence Financial LLC bought a new stake in Grayscale Bitcoin Mini Trust (NYSEARCA:BTC) during the third quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund bought 58,525 shares of the company’s stock, valued at approximately $329,000. Convergence Financial LLC owned about 18.01% of Grayscale Bitcoin Mini Trust as of its most recent SEC filing.

A number of other hedge funds and other institutional investors have also recently bought and sold shares of BTC. Joel Isaacson & Co. LLC bought a new stake in shares of Grayscale Bitcoin Mini Trust during the third quarter worth about $251,000. Legacy Wealth Asset Management LLC bought a new stake in shares of Grayscale Bitcoin Mini Trust during the third quarter worth about $534,000. Pettinga Financial Advisors LLC bought a new stake in shares of Grayscale Bitcoin Mini Trust during the third quarter worth about $1,095,000. Lake Street Advisors Group LLC bought a new stake in shares of Grayscale Bitcoin Mini Trust during the third quarter worth about $1,365,000. Finally, Mainstay Capital Management LLC ADV bought a new stake in shares of Grayscale Bitcoin Mini Trust during the third quarter worth about $134,000.

Grayscale Bitcoin Mini Trust Stock Performance

NYSEARCA:BTC opened at $5.92 on Friday. The stock’s 50-day moving average is $5.49 and its 200-day moving average is $53.98. Grayscale Bitcoin Mini Trust has a 1-year low of $4.40 and a 1-year high of $6.13.