Abits Group Inc. Reports Full Year 2025 Financial and Operational Highlights

Abits Group Inc. announced its audited financial results for the fiscal year ended December 31, 2025. The company reported a 37% increase in revenue, reaching $9.13 million, up from $6.71 million in 2024. Gross profit from operations was $3.68 million, with a gross margin of approximately 40%. The company mined 89.09 BTC in fiscal 2025 and increased its Bitcoin holdings to 15.99 BTC. Operational highlights include the launch of the Memphis facility, contributing $2.90 million in revenue, and an expansion of the mining fleet, bringing the total hash rate to approximately 760 PH/s. The company also generated $309,091 in hosting revenue. Cost efficiencies were noted, with a 48% decrease in water costs at the Duff site. Mr. Kai Zhang was appointed CFO, succeeding Mr. Wanhong Tan. The company secured approximately $2.1 million in gross proceeds from a registered direct offering in February 2026 and acquired additional miners in March 2026. Total assets were $10.91 million, with shareholders' equity at $7.78 million. The company reported a net loss of $2.87 million for the year, an improvement from the $0.91 million loss in 2024.