New York, May 22, 2026, 15:03 EDT
- ABTS changed hands at $0.8602 on the Nasdaq this afternoon, gaining 0.93%. Shares remain near their 52-week low of $0.8151.
- Trading was thin ahead of the Memorial Day holiday. Robinhood data put the volume at 26,290 shares, well below the 73,140 average.
- Abits reported $9.13 million in revenue for 2025, but the company recorded an after-tax loss of $2.87 million.
Abits Group Inc moved up a bit Friday, though the bitcoin miner stayed under $1 on Nasdaq and hovered close to its 52-week low. The stock’s drop leaves talk focused on listing risk, thin liquidity, and the company’s new annual numbers.
ABTS was at $0.8602, up 0.93%, as of 2:37 p.m. EDT, according to Investing.com. Shares traded between $0.8550 and $0.9050 today. Over the past 52 weeks, the stock has ranged from $0.8151 to $10.8554.
This is key right now with the trade landing ahead of the long U.S. market weekend. Nasdaq’s 2026 holiday schedule says markets shut Monday, May 25, for Memorial Day. Light pre-holiday trading can make small-cap names more vulnerable to big swings.
The $1 mark stands out here. Nasdaq counts a stock as failing its minimum bid price rule if it stays below the threshold for 30 straight business days. Abits said last year it did a one-for-15 reverse split to boost the share price, and that move got it back into bid-price compliance in March 2025.
Abits is based in the British Virgin Islands but gets most of its revenue from U.S. bitcoin mining, according to its annual report. The company’s bitcoin mining arms use computing power to validate transactions and earn bitcoin rewards.
Revenue for 2025 came in at $9.13 million, up from $6.71 million, according to the annual report filed April 29. Operating profit reached $3.68 million. Depreciation, write-offs on mining equipment and other expenses drove the company to a $2.87 million loss after tax.
Year-end cash dropped to $83,837 from $1.12 million last year. Digital assets climbed to $1.48 million, up from $257,753. Shareholders’ equity slipped to $7.78 million from $10.38 million.
Abits reported in April that it mined 89.09 bitcoin in 2025 and ended the year with 15.99 bitcoin on its books. The company’s Tennessee site hit roughly 760 PH/s of mining power by April 6, with PH/s referring to petahashes per second. CEO Conglin Deng called 2025 a “milestone year” and said Abits had its “strongest operational foundation to date.”
CleanSpark is still far ahead. The larger bitcoin miner reported 640 bitcoin mined in April and has 50.0 EH/s, or 50,000 PH/s, running. CEO Matt Schultz said the real value is “what this infrastructure unlocks beyond mining,” pointing to ways miners want to use power and data centers for AI. CleanSpark
But the risk is clear. Abits flagged that its results will move with bitcoin prices, and said mining costs could be higher than mining revenue. The company also listed liquidity and cash-flow risks. In its February offering docs, Abits warned about thin trading, more share sales ahead, and the risk of not meeting Nasdaq listing rules—all possible drags on the stock.
ABTS gets a slow start to the week as Nasdaq stays closed Monday. Trading picks up Tuesday. Traders are set to watch bitcoin, look for any SEC 6-K filings, and see if the stock can get back to $1 with stronger post-holiday volume.
