BTC Digital (NASDAQ:METX) Stock Price Down 7.8% – Here’s Why

BTC Digital Ltd. (NASDAQ:METXGet Free Report)’s share price was down 7.8% during trading on Tuesday . The company traded as low as $2.75 and last traded at $2.84. Approximately 169,348 shares changed hands during mid-day trading, an increase of 399% from the average daily volume of 33,951 shares. The stock had previously closed at $3.08.

BTC Digital Stock Performance

The firm’s 50-day simple moving average is $3.65 and its two-hundred day simple moving average is $4.62.

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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