Abits Group Inc. (ABTS)

NASDAQ: ABTS · Real-Time Price · USD
0.455
-0.040 (-8.16%)
Dec 20, 2024, 4:00 PM EST - Market closed
-8.16%
Market Cap 16.18M
Revenue (ttm) 5.34M
Net Income (ttm) -9.10M
Shares Out 35.55M
EPS (ttm) -0.26
PE Ratio n/a
Forward PE n/a
Dividend n/a
Ex-Dividend Date n/a
Volume 66,715
Open 0.490
Previous Close 0.495
Day's Range 0.450 - 0.490
52-Week Range 0.376 - 1.600
Beta 2.71
Analysts n/a
Price Target n/a
Earnings Date Dec 31, 2024

About ABTS

Abits Group Inc. operates in the bitcoin mining business in the United States. 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. [Read more]

Industry Capital Markets
Sector Financials
Founded 2010
Employees 11
Stock Exchange NASDAQ
Ticker Symbol ABTS
Full Company Profile

Financial Performance

In 2023, Abits Group's revenue was $1.68 million, an increase of 922.66% compared to the previous year's $164,428. Losses were -$12.59 million, -41.52% less than in 2022.

Financial Statements

News

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 ...

2 months ago - GlobeNewsWire

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...

2 months ago - GlobeNewsWire

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.

4 months ago - GlobeNewsWire

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...

4 months ago - GlobeNewsWire

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...

4 months ago - GlobeNewsWire

Abits Group Inc. Achieves Strong Growth and Expansion in Q1 2024, Sets Stage for Continued Progress in Q2

Hong Kong, May 22, 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 a...

7 months ago - GlobeNewsWire

Abits Group Receives NASDAQ Notification Regarding Minimum Bid Price Requirements

Hong Kong, April 15, 2024 (GLOBE NEWSWIRE) -- Abits Group Inc (the “Company”) (NASDAQ: ABTS), a company engaged in bitcoin mining and related services business based in the United States, announced to...

8 months ago - GlobeNewsWire

Abits Group Inc Announces Operational Updates For The Quarter Ended December 31, 2023

Hong Kong, Jan. 30, 2024 (GLOBE NEWSWIRE) -- Abits Group Inc (NASDAQ: ABTS), a company engaged in the crypto mining business, has released its operations update for the quarter ended December 31, 2023...

11 months ago - GlobeNewsWire

Abits Group Regains Compliance with NASDAQ Minimum Bid Price Requirement

Hong Kong, Jan. 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 January 1...

1 year ago - GlobeNewsWire

Moxian Announces Name Change to Abits Group Inc

Hong Kong, Nov. 16, 2023 (GLOBE NEWSWIRE) -- Moxian (BVI) Inc (the “Company”) (NASDAQ: MOXC), a company engaged in bitcoin mining and related services in the United States, today announced that it has...

1 year ago - GlobeNewsWire

Management Discussion and Analysis of Results for the half-year to June 30, 2023

Beijing, Nov. 08, 2023 (GLOBE NEWSWIRE) -- Moxian (BVI) Inc (NASDAQ: MOXC) Following a very difficult year in 2022, when bitcoin prices to a low of about $15,000, 2023 began with a more cheerful note....

1 year ago - GlobeNewsWire

Moxian Receives NASDAQ Notification Regarding Minimum Bid Price Requirements

Beijing, Oct. 18, 2023 (GLOBE NEWSWIRE) -- Moxian (BVI) Inc (“Moxian” or the “Company”) (NASDAQ: MOXC), a company engaged in bitcoin mining and related services in the United States, announced today o...

1 year ago - GlobeNewsWire

MOXIAN POWERS UP ITS DUFF SITE

Hong Kong, Oct. 02, 2023 (GLOBE NEWSWIRE) -- Moxian (BVI) Inc. (NASDAQ: MOXC), is proud to announce the launch of its subsidiary, ABit USA's, groundbreaking bitcoin self mining site. As a fully owned ...

1 year ago - GlobeNewsWire

Moxian Announces Results of Annual Meeting of Shareholders

Hong Kong, Aug. 28, 2023 (GLOBE NEWSWIRE) -- Moxian (BVI) Inc (“Moxian” or the “Company”) (NASDAQ: MOXC), a company engaged in bitcoin mining and related services in the United States, today announced...

1 year ago - GlobeNewsWire

Moxian Regains Compliance with NASDAQ Minimum Bid Price Requirement

Beijing, Aug. 15, 2023 (GLOBE NEWSWIRE) -- Moxian (BVI) Inc (“Moxian” or the “Company”) (NASDAQ: MOXC), a company engaged in bitcoin mining and related services in the United States, announced today o...

1 year ago - GlobeNewsWire

Moxian to Hold Annual Meeting of Shareholders on August 25, 2023

Hong Kong, July 18, 2023 (GLOBE NEWSWIRE) -- Moxian (BVI) Inc (“Moxian” or the “Company”) (NASDAQ: MOXC), a company engaged in the bitcoin mining and related service business, today announced that the...

1 year ago - GlobeNewsWire

Moxian Receives NASDAQ Notification Regarding Minimum Bid Requirements

Beijing, June 07, 2023 (GLOBE NEWSWIRE) -- Moxian (BVI) Inc (“Moxian” or the “Company”) (NASDAQ: MOXC), a company engaged in bitcoin mining and related services in the United States, announced today o...

1 year ago - GlobeNewsWire

MOXIAN ACQUIRES LAND TO BUILD A NEW MINING CENTER

Hong Kong, May 17, 2023 (GLOBE NEWSWIRE) -- Moxian (BVI) Inc ("Moxian" or the "Company") (NASDAQ: MOXC), a company engaged in bitcoin mining and related services, today released its earnings report fo...

1 year ago - GlobeNewsWire

Moxian (BVI) Inc Reports Unaudited Financial Results for the First Half of 2022

Hong Kong, Dec. 30, 2022 (GLOBE NEWSWIRE) -- Moxian (BVI) Inc (“Moxian” or the “Company”) (NASDAQ: MOXC), a company engaged in bitcoin mining and related services in the United States, today reported ...

2 years ago - GlobeNewsWire

Moxian Announces Divestment of Chinese Subsidiaries

Hong Kong, Aug. 15, 2022 (GLOBE NEWSWIRE) -- Moxian (BVI) Inc (“Moxian” or the “Company”) (NASDAQ: MOXC), a company engaged in bitcoin mining and related services in the United States, today announced...

2 years ago - GlobeNewsWire

Moxian Appoints New Auditor for the 2022 Fiscal Year

Beijing, July 08, 2022 (GLOBE NEWSWIRE) -- Moxian (BVI) Inc (“Moxian” or the “Company”) (NASDAQ: MOXC), a company in bitcoin mining and related services in the United States and a provider of Internet...

2 years ago - GlobeNewsWire

Moxian to Hold Annual Meeting of Shareholders on August 12, 2022

Beijing, July 01, 2022 (GLOBE NEWSWIRE) -- Moxian (BVI) Inc (“Moxian” or the “Company”) (NASDAQ: MOXC), a company in bitcoin mining and related services in the United States and a provider of Internet...

2 years ago - GlobeNewsWire

Moxian Updates the Status Under Holding Foreign Companies Accountable Act

Beijing, May 26, 2022 (GLOBE NEWSWIRE) -- Moxian (BVI) Inc (“Moxian” or the “Company”) (NASDAQ: MOXC), a company in bitcoin mining and related services in the United States and a provider of Internet ...

2 years ago - GlobeNewsWire

Moxian Announces Details of Special Meeting of Shareholders

Hong Kong, Dec. 16, 2021 (GLOBE NEWSWIRE) -- Moxian (BVI) Inc. (“Moxian” or the “Company”) (NASDAQ: MOXC), an Internet media marketing services provider, today announces that pursuant to its decision ...

3 years ago - GlobeNewsWire

Mark Minervini And Dan David Join Alpha Trader (Podcast)

This week's Alpha Trader podcast features hosts Aaron Task and Stephen Alpher speaking first with Mark Minervini, author of several best-selling books, Trade Like a Stock Market Wizard and Think and T...

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3 years ago - Seeking Alpha