Grayscale Bitcoin Mini Trust Stock Set to Reverse Split on Wednesday, November 20th (NYSEARCA:BTC)

Grayscale Bitcoin Mini Trust (NYSEARCA:BTC)’s stock is going to reverse split on Wednesday, November 20th. The 1-5 reverse split was announced on Friday, November 8th. The number of shares owned by shareholders will be adjusted after the closing bell on Tuesday, November 19th.

Grayscale Bitcoin Mini Trust Stock Up 4.5 %

NYSEARCA BTC opened at $8.12 on Friday. The company has a fifty day simple moving average of $5.98 and a 200 day simple moving average of $45.26. Grayscale Bitcoin Mini Trust has a 1 year low of $4.40 and a 1 year high of $8.30.

Institutional Trading of Grayscale Bitcoin Mini Trust

Large investors have recently modified their holdings of the company. Jane Street Group LLC acquired a new position in Grayscale Bitcoin Mini Trust during the 3rd quarter valued at $111,916,000. Horizon Kinetics Asset Management LLC acquired a new position in Grayscale Bitcoin Mini Trust during the 3rd quarter valued at $86,042,000. Sloy Dahl & Holst LLC acquired a new position in Grayscale Bitcoin Mini Trust during the 3rd quarter valued at $16,406,000. Emory University acquired a new position in shares of Grayscale Bitcoin Mini Trust in the 3rd quarter valued at $15,082,000. Finally, HighTower Advisors LLC acquired a new position in shares of Grayscale Bitcoin Mini Trust in the 3rd quarter valued at $7,491,000.