Abits GroupABTS
ABTS
About: Abits Group Inc is a digital data center operator with bitcoin self-mining operations.
Employees: 11
0
Funds holding %
of 7,372 funds
–
Analysts bullish %
Fund manager confidence
Based on 2024 Q4 regulatory filings by fund managers ($100M+ AUM)
366% more capital invested
Capital invested by funds: $27.2K [Q3] → $127K (+$99.6K) [Q4]
100% more first-time investments, than exits
New positions opened: 4 | Existing positions closed: 2
40% more funds holding
Funds holding: 5 [Q3] → 7 (+2) [Q4]
0.37% more ownership
Funds ownership: 0.15% [Q3] → 0.52% (+0.37%) [Q4]
Research analyst outlook
We haven’t received any recent analyst ratings for ABTS.
Financial journalist opinion
Neutral
GlobeNewsWire
1 week ago
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 February 13, 2025, the Company's board of directors (the “Board of Directors”) approved to amend and restate the Company's memorandum and articles of association, as amended, to change the maximum number of shares the Company is authorized to issue to an unlimited number of ordinary shares of no par value each and an unlimited number of preferred shares of no par value each (the “Amended and Restated Memorandum and Articles”). The Amended and Restated Memorandum and Articles became effective on February 17, 2025 upon the filing with the Registrar of Corporate Affairs of the British Virgin Islands.
Neutral
GlobeNewsWire
4 months ago
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 announce the deployment of 500 state-of-the-art S19XP mining machines at its Duff, Tennessee site. These new additions will enhance the company's total hash rate by 70,500 terahashes (TH), significantly boosting operational capacity.
Neutral
GlobeNewsWire
5 months ago
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 10, 2024, it received notification from The Nasdaq Stock Market LLC (“NASDAQ”) confirming the Company has been granted an additional 180 calendar day period for compliance under its minimum bid price requirement through April 7, 2025. To regain compliance with NASDAQ's minimum bid price requirement, the closing bid price of the Company's common shares needs to be at least $1.00 per share or greater for at least ten consecutive business days by April 7, 2025.
Neutral
GlobeNewsWire
6 months ago
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.
Neutral
GlobeNewsWire
7 months ago
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.
Neutral
GlobeNewsWire
7 months ago
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.
Neutral
GlobeNewsWire
9 months ago
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.
Neutral
GlobeNewsWire
11 months ago
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”.
Neutral
GlobeNewsWire
1 year ago
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.
Neutral
GlobeNewsWire
1 year ago
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.
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