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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 8 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 2026-09-10, rated 8/10. Across its 8 most recent items scored 7 or higher, the top rating is 9/10, with 6 rated 8 or above. Recent SEC coverage for ABTS spans SCHEDULE 13D, 6-K, SCHEDULE 13D/A, 20-F.

Recent high-impact activity:

  • ARC Group Takes Control of Abits: New Board, CIO, and Governance Restrictions Revealed
  • Control of Abits Group shifts to ARC as CEO sells 47% stake; board overhauled and new CIO appointed
  • CEO Exits with $8.5M Sale of 47% Stake, Handing Control to ARC Group
  • Abits Group Reports 37% Revenue Growth and Operational Expansion Amid Widened Losses and Critical Cash Shortage
  • Abits Group Reports Widened FY2025 Loss and Ineffective Internal Controls Amidst Operational Expansion

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

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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$1.34
52-week range · as of 2026-09-10 $0.76 – $10.86
Market cap
$4.56M
Volume
3.1K (0.0× avg)
3-mo avg 229.6K
Live data · 2026-09-12 17:36 UTC · Market closed

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feed ABTS - Latest Insights

ABTS
Sep 09, 2026, 9:38 PM EDT
Filing Type: SCHEDULE 13D
Importance Score:
8
Price at Filing: $1.34
Real-time Price: $1.34 info
Change: $0 (0%) info
Market Cap: $4.556M info
ABTS
Aug 11, 2026, 9:19 AM EDT
Filing Type: 6-K
Importance Score:
8
Price at Filing: $0.9751
Real-time Price: $1.34 info
Change: +$0.3649 (+37%) info
Market Cap: $4.556M 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: $1.34 info
Change: +$0.080 (+6%) info
Market Cap: $4.556M info
ABTS
Apr 29, 2026, 4:33 PM EDT
Filing Type: 6-K
Importance Score:
7
Price at Filing: $1.45
Real-time Price: $1.34 info
Change: -$0.110 (-8%) info
Market Cap: $4.556M info
ABTS
Apr 29, 2026, 4:30 PM EDT
Filing Type: 20-F
Importance Score:
8
Price at Filing: $1.51
Real-time Price: $1.34 info
Change: -$0.170 (-11%) info
Market Cap: $4.556M info
ABTS
Feb 25, 2026, 8:00 PM EST
Filing Type: 6-K
Importance Score:
8
Price at Filing: $2.63
Real-time Price: $1.34 info
Change: -$1.29 (-49%) info
Market Cap: $4.556M info
ABTS
Feb 24, 2026, 8:00 AM EST
Filing Type: 424B5
Importance Score:
8
Price at Filing: $2.82
Real-time Price: $1.34 info
Change: -$1.48 (-52%) info
Market Cap: $4.556M info
ABTS
Jan 02, 2026, 8:34 AM EST
Filing Type: 6-K
Importance Score:
7
Price at Filing: $5.15
Real-time Price: $1.34 info
Change: -$3.81 (-74%) info
Market Cap: $4.556M info
Research tools: Filing Impact Index Dilution Tracker Split Calendar Open Datasets