Bit Digital
BTBT
107 hedge funds and large institutions have $175M invested in Bit Digital in 2024 Q2 according to their latest regulatory filings, with 24 funds opening new positions, 49 increasing their positions, 25 reducing their positions, and 25 closing their positions.
128% more call options, than puts
Call options by funds: $11.5M | Put options by funds: $5.03M
96% more repeat investments, than reductions
Existing positions increased: 49 | Existing positions reduced: 25
44% more capital invested
Capital invested by funds: $121M → $175M (+$53.6M)
9.3% more ownership
Funds ownership: 36.1% → 45.4% (+9.3%)
4% less first-time investments, than exits
New positions opened: 24 | Existing positions closed: 25
2% less funds holding
Funds holding: 109 → 107 (-2)
100% less funds holding in top 10
Funds holding in top 10: 1 → 0 (-1)
Top Buyers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
Invesco
Atlanta,
Georgia
|
+$11.5M |
| 2 |
IECM
Intrinsic Edge Capital Management
Chicago,
Illinois
|
+$5.62M |
| 3 |
State Street
Boston,
Massachusetts
|
+$4.55M |
| 4 |
BlackRock
New York
|
+$2.8M |
| 5 |
Millennium Management
New York
|
+$2.53M |
Top Sellers
| Rank | Fund | Capital Flow |
|---|---|---|
| 1 |
BC
BIT Capital
Berlin,
Germany
|
-$4.08M |
| 2 |
VanEck Associates
New York
|
-$3.52M |
| 3 |
Mirae Asset Global Investments
Seoul,
South Korea
|
-$2.72M |
| 4 |
Arrowstreet Capital
Boston,
Massachusetts
|
-$1.4M |
| 5 |
MAG
Millrace Asset Group
Berwyn,
Pennsylvania
|
-$1.22M |
BTBT Hedge Fund Activity: Q2 2024 in Review
107 of the 6,924 institutional investors tracked by Wall St. Rank reported a position in Bit Digital (BTBT) for Q2 2024, worth a combined $175M — up 44% from $121M a quarter earlier.
Sellers outnumbered buyers: 25 funds closed out of BTBT and 24 opened new positions — a net loss of 1 holder — while 25 trimmed existing stakes and 49 added.
The largest buyer was Invesco, adding an estimated $11.5M. The largest seller was BIT Capital, exiting entirely with an estimated $4.08M sold.
- 107 institutional investors held Bit Digital (BTBT) as of Q2 2024, down from 109 in Q1 2024.
- Funds reported $175M of Bit Digital stock for Q2 2024, up 44% quarter-over-quarter.
- 24 funds opened new Bit Digital positions in Q2 2024 and 25 closed out, a net change of -1 holder.
- The largest Bit Digital buyer in Q2 2024 was Invesco, an estimated $11.5M added.
- The largest Bit Digital seller in Q2 2024 was BIT Capital, an estimated $4.08M sold.
Based on aggregated 13F filings for Q2 2024.