Bit Digital
BTBT
175 hedge funds and large institutions have $267M invested in Bit Digital in 2025 Q2 according to their latest regulatory filings, with 61 funds opening new positions, 67 increasing their positions, 30 reducing their positions, and 31 closing their positions.
123% more repeat investments, than reductions
Existing positions increased: 67 | Existing positions reduced: 30
109% more capital invested
Capital invested by funds: $128M → $267M (+$139M)
100% more funds holding in top 10
Funds holding in top 10: 1 → 2 (+1)
97% more first-time investments, than exits
New positions opened: 61 | Existing positions closed: 31
74% more call options, than puts
Call options by funds: $14.2M | Put options by funds: $8.16M
23.83% more ownership
Funds ownership: 34.56% → 58.39% (+24%)
19% more funds holding
Funds holding: 147 → 175 (+28)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
PAMP
Polar Asset Management Partners
Toronto,
Ontario, Canada
|
+$12.7M |
| 2 |
Balyasny Asset Management
Chicago,
Illinois
|
+$10.5M |
| 3 |
ECP
Empyrean Capital Partners
Los Angeles,
California
|
+$9.38M |
| 4 |
VCM
Valiant Capital Management
San Francisco,
California
|
+$8.83M |
| 5 |
WAM
Weiss Asset Management
Boston,
Massachusetts
|
+$7.82M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
-$2.23M |
| 2 |
UIC
Uniplan Investment Counsel
Milwaukee,
Wisconsin
|
-$2.2M |
| 3 |
Squarepoint
New York
|
-$1.21M |
| 4 |
Jane Street
New York
|
-$787K |
| 5 |
IC
IEQ Capital
Foster City,
California
|
-$583K |
BTBT Hedge Fund Activity: Q2 2025 in Review
175 of the 7,596 institutional investors tracked by Wall St. Rank reported a position in Bit Digital (BTBT) for Q2 2025, worth a combined $267M — up 109% from $128M a quarter earlier.
Buyers outnumbered sellers: 61 funds opened new BTBT positions and 31 closed out — a net gain of 30 holders — while 67 added to existing stakes and 30 trimmed.
The largest buyer was Polar Asset Management Partners, opening a new position worth an estimated $12.7M. The largest seller was Bank of America, cutting an estimated $2.23M.
- 175 institutional investors held Bit Digital (BTBT) as of Q2 2025, up from 147 in Q1 2025.
- Funds reported $267M of Bit Digital stock for Q2 2025, up 109% quarter-over-quarter.
- 61 funds opened new Bit Digital positions in Q2 2025 and 31 closed out, a net change of +30 holders.
- The largest Bit Digital buyer in Q2 2025 was Polar Asset Management Partners, an estimated $12.7M added.
- The largest Bit Digital seller in Q2 2025 was Bank of America, an estimated $2.23M sold.
Based on aggregated 13F filings for Q2 2025.