Abits Group Inc. functions as a digital enterprise, primarily specializing in delivering Bitcoin mining and related services across the United States. The company, which previously operated under the name Moxian (BVI) Inc., rebranded to Abits Group Inc. in November 2023. Founded in 2021, its headquarters are located in Tsim Sha Tsui, Hong Kong.
Abits Group Inc Reports Full Year 2025 Results with 37% Revenue Growth; Expands Bitcoin Mining Operations to 760 PH/s Combined Hash Rate
Abits Group reported fiscal 2025 revenue of $9.13 million, up 37% year-over-year, driven by the launch of its Memphis facility and increased mining output.
The company significantly expanded its operational capacity to 760 PH/s and grew its Bitcoin treasury to 15.99 BTC, despite reporting a net loss of $2.87 million attributed largely to non-cash depreciation.
Recent developments include a $2.1 million capital raise in February 2026 and the appointment of Kai Zhang as CFO, strengthening the balance sheet following a year-end cash balance of approximately $84,000.