Bit Digital
BTBT
147 hedge funds and large institutions have $128M invested in Bit Digital in 2025 Q1 according to their latest regulatory filings, with 28 funds opening new positions, 50 increasing their positions, 49 reducing their positions, and 33 closing their positions.
124% more call options, than puts
Call options by funds: $12.1M | Put options by funds: $5.4M
2% more repeat investments, than reductions
Existing positions increased: 50 | Existing positions reduced: 49
0% more funds holding in top 10
Funds holding in top 10: 1 → 1 (0)
5% less funds holding
Funds holding: 154 → 147 (-7)
6.32% less ownership
Funds ownership: 40.88% → 34.56% (-6.3%)
15% less first-time investments, than exits
New positions opened: 28 | Existing positions closed: 33
30% less capital invested
Capital invested by funds: $184M → $128M (-$55.9M)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Bank of America
Charlotte,
North Carolina
|
+$8.47M |
| 2 |
Citadel Advisors
Miami,
Florida
|
+$6.66M |
| 3 |
Millennium Management
New York
|
+$2.59M |
| 4 |
UIC
Uniplan Investment Counsel
Milwaukee,
Wisconsin
|
+$2.11M |
| 5 |
VanEck Associates
New York
|
+$1.96M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
IECM
Intrinsic Edge Capital Management
Chicago,
Illinois
|
-$4.69M |
| 2 |
UBS Group
Zurich,
Switzerland
|
-$3.47M |
| 3 |
Goldman Sachs
New York
|
-$2.86M |
| 4 |
ETC
Exchange Traded Concepts
Oklahoma City,
Oklahoma
|
-$2.74M |
| 5 |
Group One Trading
Chicago,
Illinois
|
-$2.59M |
| Name | Holding | Trade Value |
Shares Change |
Change in Stake |
|
|---|---|---|---|---|---|
|
WAM
176
Wolverine Asset Management
Chicago,
Illinois
| – | -$17.9K | -6,096 | Closed |
|
|
SSG
177
Summit Securities Group
New York
| – | -$6.79K | -2,318 | Closed |
|
|
BHWM
178
Beaird Harris Wealth Management
Dallas,
Texas
| – | -$6.74K | -2,300 | Closed |
|
179
Twin Tree Management
Dallas,
Texas
| – | -$5.66K | -1,933 | Closed |
|
|
W
180
WealthCollab
Bellevue,
Washington
| – | -$1.08K | -369 | Closed |
|
BTBT Hedge Fund Activity: Q1 2025 in Review
147 of the 7,459 institutional investors tracked by Wall St. Rank reported a position in Bit Digital (BTBT) for Q1 2025, worth a combined $128M — down 30% from $184M a quarter earlier.
Sellers outnumbered buyers: 33 funds closed out of BTBT and 28 opened new positions — a net loss of 5 holders — while 49 trimmed existing stakes and 50 added.
The largest buyer was Bank of America, adding an estimated $8.47M. The largest seller was Intrinsic Edge Capital Management, exiting entirely with an estimated $4.69M sold.
- 147 institutional investors held Bit Digital (BTBT) as of Q1 2025, down from 154 in Q4 2024.
- Funds reported $128M of Bit Digital stock for Q1 2025, down 30% quarter-over-quarter.
- 28 funds opened new Bit Digital positions in Q1 2025 and 33 closed out, a net change of -5 holders.
- The largest Bit Digital buyer in Q1 2025 was Bank of America, an estimated $8.47M added.
- The largest Bit Digital seller in Q1 2025 was Intrinsic Edge Capital Management, an estimated $4.69M sold.
Based on aggregated 13F filings for Q1 2025.