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Abits Group

ABTS

Market cap $4.08M

1.27 USD

+0.01

0.79%

At close Updated Sep 22, 1:01 PM EDT

1 day

0.79%

5 days

-11.19%

1 month

-1.55%

3 months

1.6%

6 months

-49.8%

Year to date

-75.34%

1 year

-86.06%

5 years

-98.83%

10 years

-99.55%

About: Abits Group Inc is a bitcoin mining company. The Company operates self-owned and hosted bitcoin mining facilities in Tennessee, United States.

Employees: 11

Financials Capital Markets

News

Positive

Neutral

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Sentiment 3-Months

Positive 0%

Neutral 0%

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Neutral

GlobeNewsWire

4 months ago

Abits Group Inc Reports Full Year 2025 Results with 37% Revenue Growth; Expands Bitcoin Mining Operations to 760 PH/s Combined Hash Rate

HONG KONG, April 29, 2026 (GLOBE NEWSWIRE) -- Abits Group Inc (Nasdaq: ABTS) (“Abits” or the “Company”), a BVI-incorporated company that operates bitcoin mining and colocation hosting services in Tennessee, United States through its subsidiary, Abit USA, Inc, today announced that it has filed its Annual Report on Form 20-F for the fiscal year ended December 31, 2025 with the U.S. Securities and Exchange Commission (the “SEC”). The annual report is available on the SEC's website at www.sec.gov and on the Company's website at www.abitsgroup.com.

Neutral

GlobeNewsWire

7 months ago

Abits Group Inc Announces Closing of $2.1 Million Registered Direct Offering

HONG KONG, Feb. 24, 2026 (GLOBE NEWSWIRE) -- Abits Group Inc (NASDAQ: ABTS) (the “Company”), a new generation digital center with inhouse bitcoin mining operations, today announced the closing of the previously announced registered direct offering with institutional investors of approximately $2.1 million of Ordinary Shares and pre-funded warrants at a price of $2.65 per Ordinary Share. The entire transaction was priced at the market under Nasdaq rules.

Neutral

GlobeNewsWire

9 months ago

ABITS Group maintains growth momentum in its third quarter of 2025

Hong Kong, Dec. 10, 2025 (GLOBE NEWSWIRE) -- Abits Group Inc. (NASDAQ: ABTS), a new generation digital center with inhouse bitcoin mining operations, today announced its unaudited results for the third quarter ended September 30, 2025 which reflect continued solid progress at both its sites in Tennessee.

Neutral

GlobeNewsWire

1 year ago

Abits Group Inc Reports Amended Unaudited Financial Statements for the First Half of 2025

Hong Kong, Sept. 02, 2025 (GLOBE NEWSWIRE) -- Abits Group Inc (NASDAQ: ABTS) today announced it has recently made certain corrections to its unaudited financial statements for the six months ended June 30, 2025 that were announced on August 13, 2025.

Neutral

GlobeNewsWire

1 year ago

Abits Group Inc Reports Unaudited Financial Results for the First Half of 2025

Hong Kong, Aug. 13, 2025 (GLOBE NEWSWIRE) -- Abits Group Inc (NASDAQ: ABTS) is pleased to announce its half-year results for the period ended June 30, 2025.

Neutral

GlobeNewsWire

1 year ago

Abits Group Inc Secures Loan for Memphis Expansion, Doubling Mining Capacity by Early April 2025

Hong Kong, March 19, 2025 (GLOBE NEWSWIRE) -- Abits Group Inc (the “Company”) (NASDAQ: ABTS), a bitcoin mining and related services company operating in the United States, announced today that its wholly owned subsidiary, Abit USA, Inc. (“Abit USA”), has secured a $3.0 million loan from an unrelated third party to fund the purchase of new Antminer S19XP machines for its new operational expansions in Memphis, Tennessee. The deployment of these miners is expected to be completed by the end of March or early April 2025, effectively doubling Abit USA's mining capacity as it expands power capacity from the current 10MW to 22MW. As previously announced, the Memphis hosting facility is expected to come online in the second quarter of 2025. The loan, which carries a simple interest rate of 12% per annum, is secured by Abit USA's assets located in Duff, Tennessee.

Neutral

GlobeNewsWire

1 year ago

Abits Group Inc Announces Changes of the Authorized Shares and Share Consolidation

Hong Kong, March 05, 2025 (GLOBE NEWSWIRE) -- Abits Group Inc (the “Company”) (NASDAQ: ABTS), a company engaged in bitcoin mining and related services in the United States, announced today, on February 13, 2025, the Company's board of directors (the “Board of Directors”) approved to amend and restate the Company's memorandum and articles of association, as amended, to change the maximum number of shares the Company is authorized to issue to an unlimited number of ordinary shares of no par value each and an unlimited number of preferred shares of no par value each (the “Amended and Restated Memorandum and Articles”). The Amended and Restated Memorandum and Articles became effective on February 17, 2025 upon the filing with the Registrar of Corporate Affairs of the British Virgin Islands.

Neutral

GlobeNewsWire

1 year ago

Abits Group Inc Announces Deployment of 500 S19XP Machines, Adding 70,500 TH to Operations

Hong Kong, Oct. 25, 2024 (GLOBE NEWSWIRE) -- Abits Group Inc. (NASDAQ: ABTS), a leading digital data center operator specializing in Bitcoin self-mining operations in the United States, is pleased to announce the deployment of 500 state-of-the-art S19XP mining machines at its Duff, Tennessee site. These new additions will enhance the company's total hash rate by 70,500 terahashes (TH), significantly boosting operational capacity.

Neutral

GlobeNewsWire

1 year ago

Abits Group Inc Receives NASDAQ Minimum Bid Price Requirement Extension

Hong Kong, Oct. 11, 2024 (GLOBE NEWSWIRE) -- Abits Group Inc (the “Company”) (NASDAQ: ABTS), a company engaged in bitcoin mining and related services in the United States, announced today on October 10, 2024, it received notification from The Nasdaq Stock Market LLC (“NASDAQ”) confirming the Company has been granted an additional 180 calendar day period for compliance under its minimum bid price requirement through April 7, 2025. To regain compliance with NASDAQ's minimum bid price requirement, the closing bid price of the Company's common shares needs to be at least $1.00 per share or greater for at least ten consecutive business days by April 7, 2025.

Neutral

GlobeNewsWire

2 years ago

Abits Group Inc Reports Unaudited Financial Results for the First Half of 2024

Hong Kong, Aug. 16, 2024 (GLOBE NEWSWIRE) -- Abits Group Inc (NASDAQ: ABTS) is pleased to announce its half-year results for the period ended June 30, 2024.

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Abits Group ABTS Market cap $4.08M

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Abits Group

ABTS

Market cap $4.08M