BTC Digital (NASDAQ:BTCT) Announces Earnings Results

BTC Digital (NASDAQ:BTCT) released its earnings results on Monday. The company reported ($0.21) earnings per share for the quarter, FiscalAI reports. The business had revenue of $4.16 million for the quarter.

BTC Digital Trading Down 0.5%

Shares of NASDAQ:BTCT traded down $0.01 on Wednesday, hitting $1.13. 27,937 shares of the company were exchanged, compared to its average volume of 89,927. The firm has a market capitalization of $8.53 million, a P/E ratio of -0.95 and a beta of 5.49. BTC Digital has a 1-year low of $1.07 and a 1-year high of $4.79. The stock’s 50 day moving average price is $1.24 and its 200 day moving average price is $1.52.

BTC Digital Company Profile

BTC Digital Ltd. a crypto asset technology company engages in bitcoin mining business. It is also involved 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, China.