BTC Digital (NASDAQ:METX) Shares Up 5.7% – Here’s What Happened

Shares of BTC Digital Ltd. (NASDAQ:METXGet Free Report) rose 5.7% during mid-day trading on Friday . The stock traded as high as $4.62 and last traded at $4.46. Approximately 652,222 shares changed hands during trading, an increase of 1,821% from the average daily volume of 33,951 shares. The stock had previously closed at $4.22.

BTC Digital Price Performance

The stock has a 50-day simple moving average of $5.43 and a 200-day simple moving average of $5.31.

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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