Welcome to our dedicated page for Abits Group news (Ticker: ABTS), a resource for investors and traders seeking the latest updates and insights on Abits Group stock.
Abits Group Inc (NASDAQ: ABTS) is a digital data center operator engaged in bitcoin mining and related services, with operations focused on self-mining and hosting facilities in Tennessee. The ABTS news page on Stock Titan aggregates company announcements, operational updates and financial disclosures drawn from press releases and regulatory filings.
Readers can follow bitcoin mining performance updates, where Abits Group reports revenue from mining output at its Duff, Tennessee site and discusses factors such as bitcoin prices, electricity costs and infrastructure investments like water wells. The company’s news also covers the development of its hosting activities, including the hosting joint-venture facility in Memphis, Tennessee and related financing arrangements for mining equipment.
Abits Group regularly releases financial results, including unaudited consolidated financial statements for the first half of the year and quarterly highlights. These announcements summarize revenue, profit from operations, direct costs of revenue, depreciation, fair value changes of digital assets and interest expense, giving investors insight into how its bitcoin mining and hosting operations affect overall performance.
Corporate and governance updates are another key part of ABTS news. The company publishes information about its annual meeting of shareholders, including the election of directors and the ratification of its independent registered public accounting firm, and provides details on share structure changes such as its one-for-fifteen share consolidation and related Nasdaq compliance developments.
By monitoring this news feed, investors and observers can review Abits Group’s own descriptions of its bitcoin mining operations, hosting services, digital asset management and corporate actions as they are reported through official channels.
Abits Group (Nasdaq: ABTS) filed its Form 20-F for fiscal 2025, reporting $9.13 million revenue (+37% vs 2024) and $3.68 million gross profit (~40% margin). Operations expanded with a new Memphis site, 89.09 BTC mined in 2025, bitcoin treasury at 15.99 BTC, and combined Tennessee hash rate ~760 PH/s as of April 6, 2026.
Recent financing raised ~$2.1 million and management appointed Kai Zhang as CFO effective Jan 1, 2026.
Abits Group (NASDAQ: ABTS) closed a registered direct offering on February 24, 2026 raising approximately $2.1 million by selling 792,452 Ordinary Shares or pre-funded warrants at a price of $2.65 per Ordinary Share (or $2.64999 per pre-funded warrant).
According to the company, aggregate gross proceeds were ~ $2.1 million, the offering was priced at market under Nasdaq rules, and net proceeds are expected to be used for general corporate purposes and working capital. Aegis Capital acted as exclusive placement agent.
Abits Group (NASDAQ: ABTS) entered definitive agreements for a $2.1 million registered direct offering of Ordinary Shares and pre-funded warrants priced at market under Nasdaq rules. The offering includes 792,452 Ordinary Shares or pre-funded warrants at a public offering price of $2.65 per share.
The pre-funded warrants are immediately exercisable and reduce the number of Ordinary Shares sold on a one-for-one basis. Closing is expected on or about February 24, 2026, subject to customary conditions; net proceeds will fund general corporate purposes and working capital.
Abits Group (NASDAQ: ABTS) reported unaudited Q3 2025 results for the quarter ended September 30, 2025, showing operational gains at its Tennessee sites.
Key figures: Duff revenue $1.61M (+27.5% YoY), self-owned mining profit $0.76M (Q3-2024: $0.39M), operating profit before depreciation and group overheads $1.19M (+207.1%), and total revenue $1.611M. Mining output from Duff was 13.61 BTC and digital assets carried value was $2.49M at period end. Loss before taxation narrowed to $0.29M. The company took a $3.0M loan in April 2025 to fund Memphis hosting equipment, carrying 12% simple interest repayable over two years.
Abits Group (NASDAQ: ABTS) announced the results of its 2025 Annual Meeting of Shareholders held on November 21, 2025 in Hong Kong. Shareholders elected Conglin (Forrest) Deng, Lionel Choong Khuat Leok, Tao Xu, Chuan Zhan, and Yanyan Sun to the Board of Directors. The meeting also ratified the appointment of Audit Alliance LLP as the company’s independent registered public accounting firm for the fiscal year ending December 31, 2025.
Abits Group (NASDAQ: ABTS) announced its 2025 annual meeting of shareholders will be held on November 21, 2025 at 11:00 A.M. Hong Kong Time (10:00 P.M. ET on November 20, 2025) at Level 24, Lee Garden One, 33 Hysan Avenue, Causeway Bay, Hong Kong SAR, China.
Shareholders of record as of close of business on October 17, 2025 are entitled to vote. The company does not provide shareholders a right to directly put proposals at the meeting but will consider proposals for inclusion in a proxy statement if received by the company by the deadline of October 20, 2025. Mail proposals to the Corporate Secretary at the Hong Kong address or email proposals to ir@abitgrp.com.
Abits Group (NASDAQ:ABTS) has announced amendments to its unaudited financial statements for H1 2025, primarily correcting share counts following a March 2025 reverse split. The company reported H1 2025 revenue of $3.99 million, up from $3.67 million in H1 2024, driven by bitcoin mining operations and hosting services.
Key financial metrics include: net loss of $354,787 compared to $13,964 in H1 2024, mining output of 40.27 bitcoins (down from 61.53 in H1 2024), and total assets of $13.49 million. The company secured a $3 million loan in March 2025 at 12% annual interest, repayable in 24 installments.
[ "Revenue increased to $3.99M in H1 2025, up 8.9% from H1 2024", "New hosting services revenue stream generated $135,889", "Property, equipment and vehicles value increased to $10.84M from $9.43M", "Digital assets holdings increased to $1.96M from $257,753" ]Abits Group Inc (NASDAQ: ABTS) reported its H1 2025 financial results, showing mixed performance. The company achieved mining operations profit of $2.138 million, up 6% year-over-year, despite bitcoin mining rewards halving. Total bitcoin output decreased to 40.27 BTC (vs 61.53 BTC in H1 2024), but was offset by higher average bitcoin prices of $95,843 (vs $59,628 in 2024).
The company reported a net loss of $0.34 million before tax, compared to a $0.14 million loss in H1 2024, primarily due to increased depreciation charges and $90,000 in interest expenses from Memphis facility financing. The Duff, Tennessee site operates at 12mW with 500 pH/s output, while the new Memphis hosting facility, launched in April 2025, contributes 300 pH/s with 2,600 S19XPs installed.
The company maintains a sub-$0.04 kWH electricity cost and held digital assets valued at $1.96 million as of June 30, 2025.Abits Group (NASDAQ: ABTS), a US-based bitcoin mining company, announced on March 25, 2025, that it has successfully regained compliance with NASDAQ's minimum bid price requirement under Listing Rule 5550(a)(2). The company received official notification from NASDAQ on March 24, 2025, confirming their compliance status and closing the matter.