Another stakeholder at the end of the first quarter was the Wisconsin Pension Fund, which doubled its IBIT position in the most recent quarter by purchasing an additional 447,651 shares of the fund. It also divested itself of all its holdings of Grayscale’s Bitcoin Trust (GBTC), which were worth $63.7 million at the end of March. The state now owns 2,898,051 shares, or $98.9 million, at the end of June.