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Abits (ABTS) News & Sentiment

Abits Group Inc Announces Changes of the Authorized Shares and Share Consolidation
Abits Group Inc Announces Changes of the Authorized Shares and Share Consolidation
Abits Group Inc Announces Changes of the Authorized Shares and Share Consolidation
ABTS
globenewswire.comMarch 5, 2025

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.

Abits Group Inc Announces Deployment of 500 S19XP Machines, Adding 70,500 TH to Operations
Abits Group Inc Announces Deployment of 500 S19XP Machines, Adding 70,500 TH to Operations
Abits Group Inc Announces Deployment of 500 S19XP Machines, Adding 70,500 TH to Operations
ABTS
globenewswire.comOctober 25, 2024

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.

Abits Group Inc Receives NASDAQ Minimum Bid Price Requirement Extension
Abits Group Inc Receives NASDAQ Minimum Bid Price Requirement Extension
Abits Group Inc Receives NASDAQ Minimum Bid Price Requirement Extension
ABTS
globenewswire.comOctober 11, 2024

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.

Abits Group Inc Reports Unaudited Financial Results for the First Half of 2024
Abits Group Inc Reports Unaudited Financial Results for the First Half of 2024
Abits Group Inc Reports Unaudited Financial Results for the First Half of 2024
ABTS
globenewswire.comAugust 16, 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. Company Welcomes Christopher Silva as Vice President of HR and Business Development
Abits Group Inc. Company Welcomes Christopher Silva as Vice President of HR and Business Development
Abits Group Inc. Company Welcomes Christopher Silva as Vice President of HR and Business Development
ABTS
globenewswire.comAugust 5, 2024

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 Reports continued growth in Q2
Abits Group Reports continued growth in Q2
Abits Group Reports continued growth in Q2
ABTS
globenewswire.comAugust 5, 2024

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 Inc. Achieves Strong Growth and Expansion in Q1 2024, Sets Stage for Continued Progress in Q2
Abits Group Inc. Achieves Strong Growth and Expansion in Q1 2024, Sets Stage for Continued Progress in Q2
Abits Group Inc. Achieves Strong Growth and Expansion in Q1 2024, Sets Stage for Continued Progress in Q2
ABTS
globenewswire.comMay 22, 2024

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.