Home Financial Markets Penny Stocks BTDG Stock Soar 47% In Last Trade, What Has Caused The Spike?

BTDG Stock Soar 47% In Last Trade, What Has Caused The Spike?

The share price of B2Digital Inc (OTC: BTDG) ended the last trading session up 47.06% to $0.0075.

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Roughly 125M shares of B2Digital stock exchanged hands during the session, ranging from $0.0050 to $0.0140. An announcement of starting the biggest premier league for mixed martial arts (“MMA”), boosted BTDG stock.

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Is the event significant for BTDG?

B2Digital (OTC: BTDG) has extensive experience in entertainment, television, video, and technology which enable it to forge ahead and expand into a full-service live event sports company. B2 Fighting Series champions will represent the BTDG in the major MMA leagues. Each year, the best fighters participate in the B2 Fighting Series National Championship live event.

In order to operate The B2 Fighting Series, BTDG has developed the systems and technologies that make it possible. Digital ticketing sales, event management, social media marketing, digital video distribution, digital marketing, pay-per-view (PPV), free-to-air programming, merchandise sales, brand management, and financial control systems fall within this category.

As its fiscal first quarter begins this week, B2Digital announced yesterday that the B2 Fighting Series will embark on its biggest and most ambitious Fight Night schedule in history.

  • Nine events will take place in the upcoming fiscal first quarter of the year 2021, with fifteen fight nights scheduled over the next four months.
  • Greg P. Bell, CEO of BTDG, said it has been 18 years in the making, 15 planned fight nights in 16 weeks.
  • BTDG has never entertained an event schedule as aggressive.
  • BTDG is more effectively monetizing those events than it has managed before.

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BTDG’s prospects ahead?

With B2Digital (BTDG) entering a new calendar year, the situation is extremely positive. And in the wake of the reopening of the country after the pandemic with the vaccination process accelerating, it’s likely that people will have increased demand for entertainment and mixed martial arts events by BTDG.

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