Regency Capital Management Inc. DE Invests $532,000 in iShares Bitcoin Trust (NASDAQ:IBIT)

Regency Capital Management Inc. DE acquired a new stake in shares of iShares Bitcoin Trust (NASDAQ:IBIT) in the fourth quarter, according to the company in its most recent filing with the SEC. The firm acquired 10,029 shares of the company’s stock, valued at approximately $532,000.

Other large investors also recently added to or reduced their stakes in the company. IMC Chicago LLC purchased a new stake in shares of iShares Bitcoin Trust in the 3rd quarter worth $323,337,000. Murchinson Ltd. lifted its stake in iShares Bitcoin Trust by 87.1% in the second quarter. Murchinson Ltd. now owns 1,642,535 shares of the company’s stock worth $56,076,000 after acquiring an additional 764,575 shares during the period. Clear Street Derivatives LLC bought a new position in iShares Bitcoin Trust during the 3rd quarter worth about $23,686,000. CloudAlpha Capital Management Limited Hong Kong purchased a new position in iShares Bitcoin Trust during the 3rd quarter valued at about $19,149,000. Finally, LMR Partners LLP raised its holdings in shares of iShares Bitcoin Trust by 350.0% in the 3rd quarter. LMR Partners LLP now owns 630,000 shares of the company’s stock valued at $22,762,000 after purchasing an additional 490,000 shares in the last quarter.

iShares Bitcoin Trust Stock Up 1.5 %

Shares of IBIT opened at $59.70 on Friday. iShares Bitcoin Trust has a fifty-two week low of $22.58 and a fifty-two week high of $61.75. The company has a 50 day moving average price of $55.77 and a 200-day moving average price of $43.38.

iShares Bitcoin Trust Profile

The IShares Bitcoin Trust Registered (IBIT) is an exchange-traded fund that mostly invests in long btc, short usd currency. The fund is a passively managed fund that seeks to track the spot price of Bitcoin. IBIT was launched on Jan 5, 2024 and is issued by BlackRock.