BTC Digital (NASDAQ:METX) Trading 2.9% Higher

BTC Digital Ltd. (NASDAQ:METXGet Free Report)’s share price traded up 2.9% during trading on Tuesday . The stock traded as high as $3.77 and last traded at $3.60. 7,533 shares changed hands during mid-day trading, a decline of 78% from the average session volume of 33,951 shares. The stock had previously closed at $3.50.

BTC Digital Price Performance

The company has a 50-day simple moving average of $2.83 and a 200 day simple moving average of $3.78.

Institutional Investors Weigh In On BTC Digital

A hedge fund recently bought a new stake in BTC Digital stock. Renaissance Technologies LLC bought a new position in BTC Digital Ltd. (NASDAQ:METXFree Report) in the 3rd quarter, according to its most recent filing with the SEC. The institutional investor bought 73,800 shares of the company’s stock, valued at approximately $27,000. Renaissance Technologies LLC owned 0.65% of BTC Digital at the end of the most recent quarter. Institutional investors and hedge funds own 0.46% of the company’s stock.

About BTC Digital

(Get Free Report)

BTC Digital Ltd. engages in the cryptocurrency/bitcoin mining business. It also engages in mining machines resale and rental business. The company was formerly known as Meten Holding Group Ltd. and changed its name to BTC Digital Ltd. in August 2023. The company was founded in 2006 and is headquartered in Shenzhen, the People's Republic of China.

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