Abits Group
ABTS

$0.5222

2.39%

Market Cap: $18.6M

About: Abits Group Inc is a digital data center operator with bitcoin self-mining operations.

Employees: 11

0

Funds holding %

of 6,710 funds

–

Analysts bullish %

Fund manager confidence

Based on 2024 Q2 SEC filings by fund managers ($100M+ AUM)

50% more repeat investments, than reductions

Existing positions increased: 3 | Existing positions reduced: 2

0.03% more ownership

Funds ownership: 0.35% [Q1] → 0.37% (+0.03%) [Q2]

13% less funds holding

Funds holding: 8 [Q1] → 7 (-1) [Q2]

13% less capital invested

Capital invested by funds: $84.6K [Q1] → $73.6K (-$11.1K) [Q2]

50% less first-time investments, than exits

New positions opened: 1 | Existing positions closed: 2

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Research analyst outlook

We haven’t received any recent analyst ratings for ABTS.

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Financial journalist opinion

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 Reports Unaudited Financial Results for the First Half of 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 Business Development, effective May 1, 2024.

Abits Group Inc. Company Welcomes Christopher Silva as Vice President of HR and Business Development

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 continued progress in the second quarter of 2024.

Abits Group Reports continued growth in Q2

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 announce significant achievements and expansion initiatives for the first quarter of 2024, setting the stage for sustained growth throughout the year.

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

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 today that on April 12, 2024, it received a letter from The Nasdaq Stock Market LLC (“Nasdaq”) notifying the Company that it is currently not in compliance with the minimum bid price requirement set forth under Nasdaq Listing Rule 5550(a)(2). It resulted from the fact that the closing bid price of the Company's ordinary shares was below $1.00 per share for a period of 30 consecutive business days. This press release is issued pursuant to Nasdaq Listing Rule 5810(b), which requires prompt disclosure of receipt of a deficiency notification. The notification has no immediate effect on the listing of the Company's ordinary shares, which will continue to trade uninterrupted on Nasdaq under the ticker “ABTS”.

Abits Group Receives NASDAQ Notification Regarding Minimum Bid Price Requirements

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.

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

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 10, 2024, it received notification from The Nasdaq Stock Market LLC (“NASDAQ”) confirming the Company has regained compliance with NASDAQ's minimum bid price requirement under Listing Rule 5550(a)(2). NASDAQ noted this matter is now closed.

Abits Group Regains Compliance with NASDAQ Minimum Bid Price Requirement

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