Over the course of the past week the B2Digital Incorporated (OTCMKTS:BTDG) stock has been in the middle of a pretty strong rally and has managed to clock gains of as much as 10% during the period. In light of such significant gains, it may be a good idea for investors to consider taking a look at the announcement from the company on Thursday.
Trading Data
On Thursday, BTDG stock ended flat at $$0.0027 with more than 3.28 million shares, compared to its average volume of 10.82 million shares. The stock moved within a range of $0.0026 – 0.0028 after opening trading at $0.0028.
The B2 Fighting Series Heads into the Metaverse for a Hard-Hitting Fight Night at B2FS 153 in Decentraland on Saturday, March 26
B2Digital is the premium development league in the highly popular Mixed Martial Arts space. Yesterday, the company was in focus after it announced that it was taking the B2 Fighting Series into Decentraland.
Once that happens, it will be the very first time that an MMA event is going to be hosted on the Metaverse. It goes without saying that it could end up being one of the more significant moves in that industry in many years.
At the end of the day, the Metaverse could well be the next evolution in the internet and it could make B2Digital the first company from its industry to get into it. The event is going to be held on March 26 and it now remains to be seen if the stock can add to its gains today or not.
Key Quote
“Fans should also watch out for undefeated David Clark in a tough matchup against Olympian Trevor Jacob, and Tim Hester making his long-awaited pro debut versus an always game Rae Thomas,” continued Higdon. “We will also see several intriguing amateur matchups, including the B2FS Flyweight title bout between current champ Sam Thompson (4-2-0) and #1 contender Stephen “Big Dreamin” Owens (8-1-0). From top to bottom, this card is stacked.”
Technical Data
BTDG stock is trading below the 20-Day and 50-Day Moving averages of $0.0028 and $0.0030 respectively. Moreover, the stock is trading below the 200-Day moving average of $0.0038.