Ninepoint Bitcoin Trust

#8 in fund BITC fund

The fund seeks to achieve its investment objective through managed exposure to bitcoin futures contracts ("bitcoin futures contracts") and investments in U.S.

https://newhedge.io/api/v2/companies/ninepoint-bitcoin-trust/bitcoin-acquisitions

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Bitcoin Holdings

Total Bitcoin ₿ 5,590 BTC

% of 21M Supply 0.027%

Current Value $340,870,821

Cost Basis $172,666,460

ROI 97.42%

% of Company -

mNAV

Latest Purchase Sep 2022

Avg. cost / BTC $30,888

Ninepoint Bitcoin Trust Stock Priced in BTC

0.000594 BTC

Financial Highlights

Current Volume 1,078

Avg Volume (30d) 2,471

Volume vs Avg 0.44x

Ninepoint Bitcoin Trust Stock Price vs Bitcoin

$36.21 / $60,978

Company Overview

The fund seeks to achieve its investment objective through managed exposure to bitcoin futures contracts ("bitcoin futures contracts") and investments in U.S. Treasury securities. Under normal market conditions, it will invest at least 80% of its assets in Bitcoin Futures Contracts and U.S. Treasury securities. For purposes of compliance with this investment policy, derivative contracts (such as Bitcoin Futures Contracts) will be valued at their notional value. The fund is non-diversified.

Sector

Industry

Employees

Exchange NYSE ARCA

Fiscal Year End

Stock Returns

Share Price $36.21

1W Return -7.18%

1M Return -7.06%

3M Return -1.49%

1Y Return -20.07%

1Y vs BTC +24.9%

52W High $51.40

% Down from 52W High -29.5%

Company Details

Currency USD

Frequently Asked Questions

Common questions about Ninepoint Bitcoin Trust's Bitcoin holdings

How much Bitcoin does Ninepoint Bitcoin Trust hold?

Ninepoint Bitcoin Trust currently holds 5,590 BTC, which represents 0.027% of the total Bitcoin supply (21 million). This makes them the 8th largest fund Bitcoin holder.

What is the current value of Ninepoint Bitcoin Trust's Bitcoin holdings?

As of today, Ninepoint Bitcoin Trust's Bitcoin holdings are worth approximately $340,870,821. This represents - of the company's total market value.

What is Ninepoint Bitcoin Trust's average cost basis for Bitcoin?

Ninepoint Bitcoin Trust's average cost basis for their Bitcoin purchases is $172,666,460 per Bitcoin. Their current return on investment (ROI) is 97.42%.

When did Ninepoint Bitcoin Trust last buy Bitcoin?

Ninepoint Bitcoin Trust's most recent Bitcoin purchase was Sep 2022. View purchase details

What type of company is Ninepoint Bitcoin Trust?

Ninepoint Bitcoin Trust is a fund company .