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Abits Group Inc

corporate_fare Company Profile

Abits Group Inc

ABTS·NASDAQ·Crypto Assets·CIK 0001864055

Abits Group Inc operates in the bitcoin mining industry, which involves the production of bitcoin. The company's business plan focuses on accumulating bitcoin, which it may sell for traditional currency based on market conditions and cash flow needs. Abits Group Inc utilizes mining hardware to perform computational operations that support the blockchain. The performance of this hardware is measured in "hash rate" or "hashes per second," where a "hash" represents a computation run by the mining hardware. The company's mining performance and competitive standing are assessed based on the total hash rate generated across its mining sites. Historically, bitcoin mining evolved from using Central Processing Units (CPUs) to Graphics Processing Units (GPUs), and then to Application Specific Integrated Circuits (ASIC) chips, which are designed to maximize hashing operations. The latest equipment in Abits Group Inc's fleet includes the Bitmain S19 XP, which achieves a maximum hashrate of 64 TH/s per unit. The bitcoin blockchain industry is also influenced by "halving," a process that periodically reduces the cryptocurrency reward for solving a block. This mechanism is intended to manage the overall supply and mitigate inflation risks in cryptocurrencies that use a Proof-of-Work consensus algorithm.

Abits Group Inc (NASDAQ:ABTS) is a publicly traded company in the Crypto Assets sector. Wiseek has independently scored 13 items for ABTS at importance 7 or higher on its 1–10 market-impact scale. Its most recent item scored 7 or higher is dated 2026-11-02, rated 7/10. Across its 13 most recent items scored 7 or higher, the top rating is 9/10, with 9 rated 8 or above. Recent SEC coverage for ABTS spans 6-K, F-1, SCHEDULE 13D, SCHEDULE 13D/A.

Recent high-impact activity:

  • Abits Adds 10% Daily Leak-Out and Second True-Up to Shakawe Equity Line
  • Abits Registers 50.5M Shares for Shakawe Equity Line and $7.5M Commitment Fee
  • Abits Group H1 2026: Revenue Down 20%, Loss Widens to $2.54M, Cash Falls to $79K
  • Abits Group Terminates CEO Conglin Deng, Appoints Stephen Faucetta as Chairman and CEO
  • Abits Group Signs $14M Convertible Note and $250M Equity Line with Deep-Discount, Death-Spiral Terms

Financial Snapshot

Fiscal year ended December 31, 2025
Revenue
$9.13M
Net Income
-$2.87M
Diluted EPS
-$1.21
Op. Cash Flow
$1.41M
Free Cash Flow
-$1.69M
Gross Profit
$3.68M
Operating Income
$3.68M
Cash & Equivalents
$83.84K
Total Debt
$1.5M
Debt / Equity
0.19×
Net Margin
-31.4%
Shares Outstanding
2.37M sh
Source: 20-F · filed 2026-04-29 · accession 0001493152-26-019612

Short Interest & Short Volume

1.72 days to cover

FINRA reported short interest of 17,711 shares in ABTS as of the October 15, 2026 settlement, a 37.4% decrease from the prior period — about 1.7 days to cover at its recent average daily volume. On October 30, 2026, 45.0% of ABTS volume reported to FINRA trade-reporting facilities was marked short.

Short interest (bi-monthly positions)17,711 shares as of October 15, 2026
Change vs prior period▼ 37.4%
Days to cover1.72 at avg daily volume of 10,290
Daily short volume (FINRA facilities)45.0% of 515 shares on October 30, 2026
5-day average short volume36.1%

Daily short sale volume covers trades reported to FINRA trade-reporting facilities and is not the same as short interest (bi-monthly reported positions). Source: FINRA — FINRA is the owner and source of this short interest and short sale volume data; it may not be redistributed.

Dilution Risk

Moderate risk

Filing-implied dilution signals for ABTS, detected from its recent SEC filings · based on capital-structure filings through 2026-10-29.

1 shelf registration

50.5M Shares Registered for Resale · Dilution Far Exceeds Current Share Count

A filing-implied signal, not a realized share count. How Wiseek tracks dilution →

Insider Transactions

ABTS files as a Foreign Private Issuer (FPI). Under SEC Exchange Act Section 16(a), officers, directors, and 10% owners of FPIs are exempt from Form 4 insider-transaction reporting requirements. Comparable disclosures, when applicable, appear in the company's Form 20-F (annual) or Form 6-K (interim) filings on SEC EDGAR.

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$1.05 -11.76% today
52-week range · as of 2026-11-02 $0.76 – $7.43
Market cap
$3.38M
Volume
29.7K (2.6× avg)
3-mo avg 11.4K
Live data · 2026-11-02 21:19 UTC · After hours

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feed ABTS - Latest Insights

ABTS
Nov 02, 2026, 9:17 AM EST
Filing Type: 6-K
Importance Score:
7
Price at Filing: $1.05
Real-time Price: $1.05 info
Change: $0 (0%) info
Market Cap: $3.375M info
ABTS
Oct 28, 2026, 8:53 PM EDT
Filing Type: F-1
Importance Score:
8
Price at Filing: $1.04
Real-time Price: $1.05 info
Change: +$0.010 (+0.96%) info
Market Cap: $3.375M info
ABTS
Oct 15, 2026, 5:00 PM EDT
Filing Type: 6-K
Importance Score:
7
Price at Filing: $1.21
Real-time Price: $1.05 info
Change: -$0.160 (-13%) info
Market Cap: $3.375M info
ABTS
Oct 07, 2026, 3:49 PM EDT
Filing Type: 6-K
Importance Score:
8
Price at Filing: $1.21
Real-time Price: $1.05 info
Change: -$0.160 (-13%) info
Market Cap: $3.375M info
ABTS
Sep 17, 2026, 5:00 PM EDT
Filing Type: 6-K
Importance Score:
9
Price at Filing: $1.42
Real-time Price: $1.05 info
Change: -$0.3747 (-26%) info
Market Cap: $3.375M info
ABTS
Sep 09, 2026, 9:38 PM EDT
Filing Type: SCHEDULE 13D
Importance Score:
8
Price at Filing: $1.34
Real-time Price: $1.05 info
Change: -$0.290 (-22%) info
Market Cap: $3.375M info
ABTS
Aug 11, 2026, 9:19 AM EDT
Filing Type: 6-K
Importance Score:
8
Price at Filing: $0.9751
Real-time Price: $1.05 info
Change: +$0.0749 (+8%) info
Market Cap: $3.375M info
ABTS
Aug 10, 2026, 9:55 PM EDT
Filing Type: SCHEDULE 13D/A
Importance Score:
9
Price at Filing: $1.26
Real-time Price: $1.05 info
Change: -$0.210 (-17%) info
Market Cap: $3.375M info
ABTS
Apr 29, 2026, 4:33 PM EDT
Filing Type: 6-K
Importance Score:
7
Price at Filing: $1.45
Real-time Price: $1.05 info
Change: -$0.400 (-28%) info
Market Cap: $3.375M info
ABTS
Apr 29, 2026, 4:30 PM EDT
Filing Type: 20-F
Importance Score:
8
Price at Filing: $1.51
Real-time Price: $1.05 info
Change: -$0.460 (-30%) info
Market Cap: $3.375M info
ABTS
Feb 25, 2026, 8:00 PM EST
Filing Type: 6-K
Importance Score:
8
Price at Filing: $2.63
Real-time Price: $1.05 info
Change: -$1.58 (-60%) info
Market Cap: $3.375M info
ABTS
Feb 24, 2026, 8:00 AM EST
Filing Type: 424B5
Importance Score:
8
Price at Filing: $2.82
Real-time Price: $1.05 info
Change: -$1.77 (-63%) info
Market Cap: $3.375M info
ABTS
Jan 02, 2026, 8:34 AM EST
Filing Type: 6-K
Importance Score:
7
Price at Filing: $5.15
Real-time Price: $1.05 info
Change: -$4.10 (-80%) info
Market Cap: $3.375M info
Research tools: Filing Impact Index Dilution Tracker Split Calendar Open Datasets