Bitcoin Investment Trust (NASDAQ:GBTC) was downgraded by stock analysts at Needham & Company LLC from a “buy” rating to a “hold” rating in a report issued on Thursday.

Shares of Bitcoin Investment Trust (NASDAQ:GBTC) traded down 2.43% during midday trading on Thursday, hitting $90.25. The stock had a trading volume of 2,675 shares. Bitcoin Investment Trust has a 1-year low of $26.01 and a 1-year high of $144.00. The firm’s 50-day moving average price is $90.45 and its 200-day moving average price is $84.04.

5 Day Chart for NASDAQ:GBTC

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