BTQ is trading 5.8% up today at $5.44 as the stock bounces from a selloff driven by concerns over a new C$150 million at-the-market equity program.
- The recent price drop was sparked by the announcement of the ATM program, which triggered profit-taking and fears of shareholder dilution.
- Traders appear to be stabilizing their positions as broader equity and crypto markets show signs of strength, allowing for a reassessment of the planned share issuance.