BTC Digital (NASDAQ:METX) Trading Down 1.8% – What’s Next?

Shares of BTC Digital Ltd. (NASDAQ:METXGet Free Report) traded down 1.8% on Thursday . The stock traded as low as $1.60 and last traded at $1.61. 17,142 shares changed hands during trading, a decline of 50% from the average session volume of 33,951 shares. The stock had previously closed at $1.64.

BTC Digital Price Performance

The stock has a fifty day simple moving average of $1.55 and a 200-day simple moving average of $1.96.

About BTC Digital

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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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