Anyone investor who is interested in the Mixed Martial Arts or MMA space could do well to take a closer look at the B2Digital Incorporated (OTCMKTS:BTDG) stock. B2Digital is actually involved in managing the premium development league in the mixed martial arts space and yesterday the stock was in the middle of a major rally as it ended the day with gains of as much as 17%.
Trading Data
On Thursday, BTDG stock moved up 16.67% to $0.0035 with more than 27.81 million shares, compared to its average volume of 10.10 million shares. The stock moved within a range of $0.0029 – 0.0039 after opening trade at $0.0029.
B2Digital Partners with Metaskins Studios to Hold Multiple Live MMA Metaverse Events in Top Decentraland Casino Venue
Yesterday, the company came into focus after it announced that it had gone into a partnership with the company Metaskins Studios SAS for the purposes of distributing the B2 Fighting Series.
As per the terms of the partnership, Metaskins is going to be involved in the distribution of a number of such events and it is going to take place on a premier venue that is going to be located on Decentraland. Decentraland is the globe’s leading 3D virtual metaverse platform that is based on a web browser.
The possibility of the fights moving to the metaverse is a major development for all concerned and that was possibly one of the biggest reasons behind the excitement among investors. It may be a good idea now for investors to keep an eye on B2Digital.
Key Quote
“This move will add a brand new channel of global content distribution, enabling us to reach millions of savvy new potential B2FS fans as the metaverse grows,” noted Greg P. Bell, CEO of B2 Digital. “This partnership represents a perfect channel for major brand expansion, multiple new revenue streams, and significant growth in non-gate ticket sales. And we have a number of core strategies to actualize that potential, but I have to keep quiet today on those and all the other exciting details and wait to present the full picture next week. The big news today is this: the deal is done – we now have a top-notch venue for our live event footprint in the metaverse. And it’s going to open up a lot of new doors to new fans and new revenue streams.”
Technical Data
BTDG stock is trading above the 20-Day and 50-Day Moving averages of $0.0030 and $0.0030 respectively. However, the stock is trading below the 20-Day moving average of $0.0040.
