BTC Digital (NASDAQ:METX) Trading Down 2.4% – Should You Sell?

Shares of BTC Digital Ltd. (NASDAQ:METXGet Free Report) were down 2.4% during trading on Friday . The stock traded as low as $17.40 and last traded at $19.27. Approximately 6,376,997 shares traded hands during mid-day trading, an increase of 18,683% from the average daily volume of 33,951 shares. The stock had previously closed at $19.75.

BTC Digital Price Performance

The firm has a 50-day moving average of $2.17 and a 200 day moving average of $2.05.

BTC Digital Company Profile

(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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