BTC Digital (NASDAQ:BTCT) Announces Quarterly Earnings Results

BTC Digital (NASDAQ:BTCT) posted its quarterly earnings results on Wednesday. The company reported ($0.30) earnings per share for the quarter, reports. The business had revenue of $2.65 million for the quarter.

BTC Digital Trading Up 2.6 %

Shares of NASDAQ:BTCT traded up $0.05 during midday trading on Friday, hitting $2.09. 14,391 shares of the company’s stock were exchanged, compared to its average volume of 11,141. BTC Digital has a 12 month low of $1.75 and a 12 month high of $6.06. The stock has a 50 day moving average price of $2.87 and a 200-day moving average price of $3.56.

About BTC Digital

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.