Key Performance
More- Earnings Score: N/A
- Momentum Score: 29
- True Yield: N/A
- Financial Health Score: N/A
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Latest Research & News
ABITS GROUP Inc Reports Unaudited Financial Results for the First Half of 2026
Abits Group Inc (NASDAQ: ABTS) reported H1 2026 revenue of $3.20 million, down 20% year-over-year, primarily due to a 23% decline in Bitcoin output at the Duff site and significant BTC market downturn. The company posted a pre-tax loss of $2.54 million compared to $0.34 million loss in H1 2025. However, the newly operational Memphis site contributed 15.58 BTC and $1.2 million in revenue. The company secured $14 million in convertible note financing and appointed new leadership including CEO Stephen Faucetta.
10/15/2026, 5:00 PM • GlobeNewswire
Statistics
MoreInformation as of 10/21/2026
Company Profile
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.