Welcome to our dedicated page for Abits Group SEC filings (Ticker: ABTS), a comprehensive resource for investors and traders seeking official regulatory documents including 10-K annual reports, 10-Q quarterly earnings, 8-K material events, and insider trading forms.
Abits Group Inc files as a foreign private issuer, and its SEC records document bitcoin mining and colocation hosting operations conducted in Tennessee through Abit USA, Inc. Form 6-K reports furnish annual and interim financial results, management discussion, unaudited consolidated financial statements, press releases and operational disclosures tied to bitcoin production, mining facilities, hosting arrangements, digital-asset holdings and related costs.
The company's filings also cover proxy materials, annual meeting notices and voting results, board elections, auditor ratification, ordinary and preferred share voting rights, registered offering materials, warrants, material-event disclosures and capital-structure updates. These records frame the governance, financing and public-company reporting of a BVI-incorporated Nasdaq issuer in the bitcoin mining sector.
Abits Group Inc reported full-year 2025 revenue of $9.13 million, up 37% from $6.71 million in 2024, driven by expanded bitcoin mining and new hosting revenue. Gross profit was $3.68 million, for a roughly 40% margin.
The company still posted a net loss of $2.87 million, larger than the prior year, and year-end cash fell to $83,837 as it invested in additional miners and infrastructure. Abits expanded its Tennessee fleet to about 760 PH/s of hash rate by April 2026 and increased its bitcoin holdings to 15.99 BTC.
Abits Group Inc files its 2025 annual report outlining its bitcoin mining-focused business and key risks. The British Virgin Islands holding company operates mainly through U.S. subsidiaries, with limited PRC activity via a small Beijing unit.
For 2025, Abits reported revenue of $9,128,666 and profit from operations of $3,676,498, but a loss before taxation of $2,766,220, as finance and other non-operating items outweighed operating profit. At December 31, 2025, it had total assets of $10,914,350, including $1,483,451 in digital assets, $83,837 in cash and cash equivalents, total liabilities of $3,133,579 and shareholders’ equity of $7,780,771, with 2,369,995 ordinary shares outstanding.
The report highlights dependence on a single Tennessee mining site, liquidity and funding risks, a history of losses, and significant exposure to bitcoin price volatility and power costs. It also details extensive regulatory risks, including HFCAA-related audit inspection issues, PRC data and securities rules affecting its minor China subsidiary, and uncertainty over future permissions, while confirming it currently does not require CSRC, CAC or additional PRC approvals based on counsel’s opinion.
Abits Group Inc reports that Empery Asset Management, LP and Ryan M. Lane together beneficially own 9.99% of Ordinary Shares, including Ordinary Shares issuable upon exercise of warrants, as reflected on this Schedule 13G.
The calculation is based on 2,639,447 Ordinary Shares outstanding as of February 22, 2026 and gives effect to a contractual "Blocker" that prevents exercise of warrants to the extent it would raise beneficial ownership above 9.99%. The cover page shows 273,771 shares reported as beneficially owned and notes 101,010 Ordinary Shares issuable upon exercise of the Warrants.
Abits Group Inc director and CEO Deng Conglin exercised restricted stock units into ordinary shares. On April 15, 2026, he converted 40,000 restricted stock units, which convert into ordinary shares on a one-for-one basis, receiving 40,000 ordinary shares at an exercise price of $0.00 per share.
After this transaction, Deng holds 77,355 ordinary shares directly. He also has indirect interests in 10,666 ordinary shares and 333,333 preferred shares through Bridgeforrest (BVI) Inc, an entity he controls, and 373,333 ordinary shares owned by a trust for his family members, for which he disclaims beneficial ownership except to the extent of his pecuniary interest.
Abits Group Inc director Choong Khuat Leok has filed an initial ownership report showing a modest equity stake in the company. The Form 3 discloses direct beneficial ownership of 2,400 Ordinary Shares of Abits Group Inc, with no accompanying purchases, sales, or derivative positions reported.
Abits Group Inc executive Zhang Kai, who serves as Chief Financial Officer, has filed an initial insider ownership report on Form 3. This filing identifies him as an officer of the company but does not list any current stock or option transactions or holdings.
Abits Group Inc director Zhan Chuan has filed an initial statement of beneficial ownership on Form 3. This filing identifies him as a director of the company but shows no reportable stock transactions, no derivative transactions, and no listed holdings in the data provided.
Abits Group Inc director SUN YANYAN has filed a Form 3 insider ownership report for ticker ABTS. The data provided lists no reportable insider transactions, indicating this filing is a status disclosure rather than a record of recent share purchases or sales.
Abits Group Inc completed a registered direct offering with institutional investors, issuing an aggregate of 792,452 ordinary shares and/or pre-funded warrants at $2.65 per ordinary share and $2.64999 per pre-funded warrant. This type of deal raises equity capital directly from selected investors rather than through a broad public sale.
The transaction generated approximately $2.1 million in gross proceeds and about $1.6 million in net proceeds after fees and expenses. Abits plans to use the net proceeds, together with existing cash, for general corporate purposes, including working capital, supporting its digital data center and bitcoin mining operations.
The pre-funded warrants are immediately exercisable at an exercise price of $0.00001 per warrant and remain exercisable until fully used, with each warrant substituting one ordinary share on a one-for-one basis. Aegis Capital Corp. acted as exclusive placement agent and received a 7.0% cash fee on aggregate gross proceeds, plus expense reimbursements. The offering was made under Abits’ effective Form F-3 shelf registration statement and closed on February 24, 2026.
Abits Group Inc. is offering up to 792,452 ordinary shares and/or Pre-Funded Warrants at a purchase price of $2.65 per share. The offering price for a Pre-Funded Warrant is $2.64999, and each Pre-Funded Warrant is exercisable for one ordinary share.
The prospectus supplement states the company expects delivery to investors on or about February 24, 2026, subject to customary closing conditions. The offering relates to ordinary shares issuable upon exercise of the Pre-Funded Warrants. The net proceeds are expected to be approximately $1.65 million, and proceeds before expenses per share equal $2.4645.
Context: ordinary shares outstanding were 2,369,995 as of February 22, 2026 and are shown as 3,162,447 immediately after the offering.