Mint Tower Capital Management B.V. Invests $1.36 Million in Osprey Bitcoin Trust $OBTC

Mint Tower Capital Management B.V. acquired a new position in shares of Osprey Bitcoin Trust (OTCMKTS:OBTCFree Report) during the 4th quarter, according to the company in its most recent 13F filing with the Securities & Exchange Commission. The firm acquired 48,176 shares of the company’s stock, valued at approximately $1,357,000. Mint Tower Capital Management B.V. owned about 0.81% of Osprey Bitcoin Trust as of its most recent SEC filing.

Separately, Eagle Global Advisors LLC acquired a new stake in shares of Osprey Bitcoin Trust during the fourth quarter worth $445,000.

Osprey Bitcoin Trust Stock Performance

OBTC stock opened at $20.42 on Friday. The stock’s fifty day simple moving average is $23.71 and its 200-day simple moving average is $24.98. Osprey Bitcoin Trust has a 52-week low of $19.30 and a 52-week high of $37.70.

Osprey Bitcoin Trust (OTCMKTS:OBTC) is an investment vehicle designed to provide investors with exposure to the price of bitcoin through a traditional brokerage account. The trust holds bitcoin, and its shares represent fractional ownership of the digital asset, allowing investors to gain price exposure without directly purchasing or storing cryptocurrency. Shares of the trust trade on the OTC Markets under the ticker OBTC, offering intraday liquidity and the familiarity of a stock-like investment format.

The trust is structured as a Delaware statutory trust, with bitcoin custody services provided by a regulated third-party custodian.

See Also

Want to see what other hedge funds are holding OBTC? Visit HoldingsChannel.com to get the latest 13F filings and insider trades for Osprey Bitcoin Trust (OTCMKTS:OBTCFree Report).

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