Osprey Bitcoin Trust (OTCMKTS:OBTC - Get Free Report) was down 2.2% on Thursday . The company traded as low as $22.79 and last traded at $22.95. Approximately 3,862 shares changed hands during mid-day trading, a decline of 87% from the average daily volume of 28,915 shares. The stock had previously closed at $23.46.
Osprey Bitcoin Trust Trading Down 2.2%
The firm has a 50-day moving average of $25.73 and a 200-day moving average of $29.50.
Institutional Investors Weigh In On Osprey Bitcoin Trust
A number of large investors have recently added to or reduced their stakes in the company. Eagle Global Advisors LLC bought a new position in shares of Osprey Bitcoin Trust during the fourth quarter valued at about $445,000. LPL Financial LLC purchased a new stake in Osprey Bitcoin Trust in the 4th quarter worth approximately $283,000. Mint Tower Capital Management B.V. bought a new stake in shares of Osprey Bitcoin Trust in the 4th quarter worth approximately $1,357,000. Commonwealth Equity Services LLC purchased a new position in shares of Osprey Bitcoin Trust during the fourth quarter valued at approximately $278,000. Finally, Jane Street Group LLC purchased a new position in shares of Osprey Bitcoin Trust during the fourth quarter valued at approximately $29,378,000.
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.
Featured Stories
This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.
Before you consider Osprey Bitcoin Trust, you'll want to hear this.
MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Osprey Bitcoin Trust wasn't on the list.
While Osprey Bitcoin Trust currently has a Hold rating among analysts, top-rated analysts believe these five stocks are better buys.
View The Five Stocks Here
MarketBeat just released its list of the 7 hottest IPOs expected to hit Wall Street in 2026. See which companies are preparing to go public and why investors are watching closely.
Get This Free Report
Like this article? Share it with a colleague.
Link copied to clipboard.