Investment Firm Sells Large Stake in Bitcoin Trust
Atria Investments Inc. Sells 2,534 Shares of iShares Bitcoin Trust (NASDAQ:IBIT)
Atria Investments Inc. disclosed in a filing with the Securities and Exchange Commission (SEC) that it has sold 2,534 shares of the iShares Bitcoin Trust (NASDAQ:IBIT). The transaction took place on March 13, 2025.
The iShares Bitcoin Trust is an exchange-traded fund (ETF) that tracks the price of bitcoin, the world's most widely held cryptocurrency. The fund is designed to provide investors with a way to gain exposure to the price movements of bitcoin without the need to purchase and hold the cryptocurrency directly.
The exact timing and price of the transaction were not disclosed in Atria's filing with the SEC. However, the filing does indicate that the sale was made in the ordinary course of business and was not made in connection with any agreement or understanding with any person.
Atria Investments Inc. is a diversified financial services company that provides a range of financial products and services to its clients. The company's investment portfolio includes a mix of stocks, bonds, and other securities, as well as alternative investments such as private equity and hedge funds.