Blue Ridge Bank Shares Halted by NYSE After Bitcoin ATM Announcement

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The New York Stock Exchange (NYSE) halted trading of Virginia- based Blue Ridge Bank’s supply (BRSB) after a spike in trading task Wednesday, the business informed CoinDesk in an e-mail.

“NYSE told us the company’s stock reacted to the news and due to the volatility, a Limit Up/Limit Down (LULD) trading halt was triggered,” stated Blue Ridge exterior speakerJon Amar “The LULD is a 5-minute trading pause. Currently, the stock is trading up approximately 5% on 75K shares vs. its 30 Day ADV of 10K shares.”

The NYSE did not react to an ask for remark by press time.