Abits Group Receives NASDAQ Notification Regarding Minimum Bid Price Requirements
$ABTS
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Abits Group Receives NASDAQ Notification Regarding Minimum Bid Price Requirements
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Hong Kong, Oct. 30, 2024 (GLOBE NEWSWIRE) -- Abits Group Inc. (NASDAQ:ABTS), a leading data center operator specializing in Bitcoin mining operations in the United States, today announced its operational updates for the third quarter of 2024. Operational Highlights The Company's mining fleet comprises: 1,370 units of S19 Hydro XP (featuring hydro-cooling technology)305 units of S19J Pro300 units of T21500 units of S19 XP (scheduled for deployment by end of October) Key performance metrics for Q3 2024: Weighted average fleet efficiency: 21.19 J/THMaximum hash rate achieved: approximately 430 PHMining output: 19.54 bitcoins (compared to 24.1 bitcoins in Q2, reflecting the impact of Apri
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. The S19XP machines, recognized for their efficiency and performance in Bitcoin mining, are scheduled to be fully operational by the end of October 2024. This strategic expansion marks a pivotal step in Abits Group's continued growth and commitment to strengtheni
Hong Kong, Oct. 15, 2024 (GLOBE NEWSWIRE) -- Abits Group Inc (the "Company") (NASDAQ:ABTS), a company engaged in the bitcoin mining and related service business, today announced that the Company's 2024 annual meeting of shareholders will be held on December 10, 2024 at 11:00 A.M., Hong Kong Time (10:00 P.M., Easter Time, on December 9, 2024), at Level 24, Lee Garden One, 33 Hysan Avenue, Causeway Bay, Hong Kong SAR, China. Shareholders as of the record date, close of business on October 23, 2024, will be entitled to vote at the meeting. Although the Company does not provide its shareholders with any right to put any proposals before its annual meetings, any shareholder may submit a prop
6-K - Abits Group Inc (0001864055) (Filer)
6-K - Abits Group Inc (0001864055) (Filer)
6-K - Abits Group Inc (0001864055) (Filer)
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. Christopher brings over 30 years of extensive experience in human capital management, talent acquisition, and business development. Known for his innovative and results-oriented sourcing strategies, he has a proven track record in executive leadership, sales, and human resources across diverse corporate cultures, both domestically and internationally. In his new role at Abits Group Inc., Christopher will oversee HR Operations and spearhead talent acqu
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