Abits Group Inc. (ABTS)
| Market Cap | 4.22M -64.9% |
| Revenue (ttm) | 9.13M +36.0% |
| Net Income | -2.87M |
| EPS | -1.21 |
| Shares Out | 2.96M |
| PE Ratio | n/a |
| Forward PE | n/a |
| Dividend | n/a |
| Ex-Dividend Date | n/a |
| Volume | 22,128 |
| Open | 1.330 |
| Previous Close | 1.340 |
| Day's Range | 1.265 - 1.425 |
| 52-Week Range | 0.760 - 10.855 |
| Beta | 2.30 |
| Analysts | n/a |
| Price Target | n/a |
| Earnings Date | Sep 22, 2026 |
About ABTS
Abits Group Inc., through its subsidiary, operates in the bitcoin mining business in the United States. It owns and operates mining facilities that provides mining operations and colocation hosting services. The company was formerly known as Moxian (BVI) Inc and changed its name to Abits Group Inc. in November 2023. Abits Group Inc. was incorporated in 2021 and is based in Causeway Bay, Hong Kong.
Financial Performance
In 2025, Abits Group's revenue was $9.13 million, an increase of 36.02% compared to the previous year's $6.71 million. Losses were -$2.87 million, 215.4% more than in 2024.
Financial StatementsNews
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 Tenn...
Abits Group announces closing of $2.1M registered direct offering
Abits Group (ABTS) announced the closing of the previously announced registered direct offering with institutional investors of approximately $2.M of Ordinary Shares and pre-funded warrants at a price...
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 ...
Abits Group prices 792,452 shares at $2.65 in registered direct offering
Abits Group (ABTS) entered into definitive agreements in a registered direct offering with institutional investors for the purchase and sale of approximately $2.1M of Ordinary Shares and pre-funded wa...
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 thir...
Abits Group announces results of annual meeting
Abits Group (ABTS) announced the results of its 2025 Annual Meeting of Shareholders held on November 21, 2025 in Hong Kong. At the meeting, the shareholders: Elected Conglin Deng, Lionel…
Abits Group reports 1H EPS (15c) vs (1.3c) last year
Reports 1H revenue $4M vs $3.67M last year.
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 Jun...
Abits Group reports 1H EPS (15c) vs (1.3c) last year
Reports 1H revenue $3.996M vs $3.67M last year.
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.
Abits Group reports Q1 revenue $1.78M vs. $2.15M last year
During the first quarter of 2025, the Company’s mining operations had a total output of 18.86 coins, a drop of 50.4%, due solely to the halving of mining rewards from…
Abits Group regains compliance with NASDAQ minimum bid price requirement
Abits Group (ABTS) announced that on March 24, 2025, it received notification from The Nasdaq Stock Market confirming the Company has regained compliance with NASDAQ’s minimum bid price requirement un...
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 who...
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 Februar...
Abits Group doubles capacity to 22MW
Abits Group (ABTS) announced a significant expansion of its operations through a new 10MW hosting facility in Memphis, Tennessee, effectively doubling its mining capacity. The Company has successfully...
Abits Group announces results of annual meeting of shareholders
Abits Group (ABTS) announced the results of its 2024 Annual Meeting of Shareholders that was held on December 10, 2024 in Hong Kong. At the meeting, the shareholders: Elected Conglin…
Abits Group acquires additional 400 units of Antminer T21
Abits Group (ABTS) announced it has signed agreements with Bitmain to purchase an additional 400 units of Antminer T21 for delivery by early December. Following the return of previously announced…
Abits Group reports Q3 revenue $1.26M
Abits Group (ABTS) announced its operational updates for the third quarter of 2024. Operational Highlights: The Company’s mining fleet comprises: 1,370 units of S19 Hydro XP; 305 units of S19J…
Abits Group deploys 500 S19XP mining machines at Tennessee site
Abits Group (ABTS) announced the deployment of 500 S19XP mining machines at its Duff, Tennessee site. These new additions will enhance the company’s total hash rate by 70,500 terahashes, or…
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 ...
Abits Group receives Nasdaq minimum bid price rule extension
Abits Group received notification from The Nasdaq Stock Market confirming the Company has been granted an additional 180 calendar day period for compliance under its minimum bid price requirement thro...
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 1...
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.
Abits Group Inc. Company Welcomes Christopher Silva as Vice President of HR and Business Development
Hong Kong, Aug. 05, 2024 (GLOBE NEWSWIRE) -- Abits Group Inc., a leading global Bitcoin mining enterprise, is thrilled to announce the appointment of Christopher Silva as Vice President of HR and Busi...
Abits Group Reports continued growth in Q2
Hong Kong, Aug. 05, 2024 (GLOBE NEWSWIRE) -- Abits Group Inc (NASDAQ: ABTS), a leading data center operator specializing in bitcoin mining operations in the United States, is pleased to report its con...