
Affluent-focused U.S. investment firm Kingfisher Capital acquired 93,463 shares of Grayscale Investments' Bitcoin Trust (GBTC) during the fourth quarter.
BTC institutional watch: In an SEC filing today, Kingfisher Capital, a Charlotte, North Carolina investment management firm, reported owning 114,350 shares of Grayscale Bitcoin as of Dec. 31. Previously, it reported 20,887 shares in October. Filing:https://t.co/5bo0vi9S4l & ; MacroScope (@MacroScope17) January 25, 2022
The value of 114,350 GBTC on the company's balance sheet was estimated at $3.9 million.
Recall that during July-September 2021, investment bank Morgan Stanley grew the GBTC stake in the Morgan Stanley Europe Opportunity Fund to 1% of the assets under its management.
Earlier, Fidelity Digital Assets predicted bitcoin purchases by the states.
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