Abits Group Inc Ordinary Shares (ABTS) Dividend History

Company News

• Abits Group Inc Secures Loan for Memphis Expansion, Doubling Mining Capacity by Early April 2025

  Abits Group Inc, a bitcoin mining company, has secured a $3 million loan to fund the purchase of new mining equipment for its expansion in Memphis, Tennessee. The deployment of these miners is expected to double the company's mining capacity by the end of March or early April 2025.

  GlobeNewswire Inc.
• Abits Group Inc Announces Changes of the Authorized Shares and Share Consolidation

  Abits Group Inc, a bitcoin mining company, announced a 1-for-15 share consolidation to regain compliance with Nasdaq's minimum share price requirement and maintain its Nasdaq listing.

  GlobeNewswire Inc.
• Abits Group Inc Announces Deployment of 500 S19XP Machines, Adding 70,500 TH to Operations

  Abits Group Inc. has deployed 500 state-of-the-art S19XP mining machines at its Duff, Tennessee site, enhancing the company's total hash rate by 70,500 terahashes (TH) and strengthening its position in the U.S. Bitcoin mining landscape.

  GlobeNewswire Inc.
• 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.

  GlobeNewswire Inc.
• 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”.

  GlobeNewswire Inc.