Question 1

Does Horizon Kinetics Asset Management own GBTC stock?

Accepted Answer

Yes. As of its Q2 2026 13F, Horizon Kinetics Asset Management holds 12,139,990 shares of GBTC (Grayscale Bitcoin Trust ETF), worth $552.6M.

Question 2

How many shares of GBTC does Horizon Kinetics Asset Management own?

Accepted Answer

As of its Q2 2026 13F, Horizon Kinetics Asset Management holds 12,139,990 shares of GBTC (Grayscale Bitcoin Trust ETF).

Question 3

What is Horizon Kinetics Asset Management's GBTC position worth?

Accepted Answer

As of its Q2 2026 13F, Horizon Kinetics Asset Management's GBTC position is worth $552.6M.

Question 4

Is Horizon Kinetics Asset Management buying or selling GBTC?

Accepted Answer

In Q2 2026, Horizon Kinetics Asset Management reduced its GBTC position by 1,864,892 shares (-13.3%).

Question 5

When did Horizon Kinetics Asset Management first buy GBTC?

Accepted Answer

Horizon Kinetics Asset Management first reported GBTC in its Q4 2022 13F and has listed it in 15 quarterly 13F filings.

Quarter	Action	Shares	Change	Value	Weight	Price	Conviction
2026-Q2 Latest	Decreased	12.1M	-13.3%	$552.6M	6.3%	$45.52	0
2026-Q1	Decreased	14M	-0.8%	$738.9M	8.0%	$52.76	0
2025-Q4	Decreased	14.1M	-0.5%	$964.8M	13.0%	$68.36	0
2025-Q3	Decreased	14.2M	-2.5%	$1.3B	15.5%	$89.77	0
2025-Q2	Decreased	14.6M	-1.0%	$1.2B	14.6%	$84.83	0
2025-Q1	Decreased	14.7M	-3.1%	$957.8M	10.9%	$65.17	0
2024-Q4	Decreased	15.2M	-0.3%	$1.1B	14.0%	$74.02	0
2024-Q3	Increased	15.2M	+1.9%	$768M	11.5%	$50.50	63