BTC Digital (NASDAQ:METX) Stock Price Up 6.3% – Still a Buy?

Shares of BTC Digital Ltd. (NASDAQ:METXGet Free Report) were up 6.3% during mid-day trading on Friday . The company traded as high as $4.33 and last traded at $4.04. Approximately 575,158 shares traded hands during trading, an increase of 1,594% from the average daily volume of 33,951 shares. The stock had previously closed at $3.80.

BTC Digital Price Performance

The company has a 50-day moving average price of $3.93 and a 200-day moving average price of $6.02.

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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