Abits Group Inc. (ABTS)Financial Services | Capital Markets | Causeway Bay, Hong Kong | NasdaqCM
1.20 USD
-0.03
(-2.605%) ⇩
(Oct. 9, 2026, 4 p.m.
EDT)
|
Hot Take ↕ | Oct. 10, 2026, 6:33 a.m. EDT
The immediate outlook is neutral-to-slightly-bearish because the stock is trapped between a heavy 200-day average and a volatile recent run, offering no clear momentum edge despite the latest spike. While the headline numbers show a massive 37% revenue jump driven by a single Bitcoin mine and a 68% growth rate, the underlying business quality remains deeply compromised by persistent losses, negative operating margins, and a balance sheet where debt nearly matches equity. The multi-year price history tells a story of extreme instability rather than sustainable compounding, with the share price swinging wildly from highs of $27 to lows of $0.41 before the recent surge, suggesting the market views this as a speculative gamble rather than a quality compounder. With no dividend to provide income and a high beta amplifying the risk of further drawdowns, the investment case relies entirely on the continuation of a specific mining catalyst, which is insufficient to overcome the fundamental deterioration in profitability and capital structure. |
| Model | MAE |
|---|---|
| AutoARIMA ✓ | 0.103513 |
| MSTL | 0.144300 |
| AutoTheta | 0.145434 |
| AutoETS | 0.145572 |
Forecast horizon: 45 days | Selected: AutoARIMA
| Forecast Reliability | |
|---|---|
| Score | 41% |
| H-stat | 0.84 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.364 |
| Excess Kurtosis | -0.10 |
| Attribute | Value |
|---|---|
| Sector | Financial Services |
| Debt to Equity Ratio | 24.098 |
| Revenue per Share | 3.852 |
| Market Cap | 3,857,334 |
| Beta | 2.42 |
| Profit Margins | -31.43% |
| Website | https://www.abitsgroup.com |
| Attribute | Value |
|---|---|
| 52 Week Change | -0.8486759 |
| Address1 | Lee Garden One |
| Address2 | Level 24 33 Hysan Avenue |
| All Time High | 110.0 |
| All Time Low | 0.25 |
| Ask | 1.6 |
| Ask Size | 2 |
| Average Daily Volume10 Day | 13,160 |
| Average Daily Volume3 Month | 143,007 |
| Average Volume | 143,007 |
| Average Volume10Days | 13,160 |
| Beta | 2.415 |
| Bid | 0.8712 |
| Bid Size | 2 |
| Book Value | 3.281 |
| City | Causeway Bay |
| Compensation As Of Epoch Date | 1,767,139,200 |
| Country | Hong Kong |
| Crypto Tradeable | 0 |
| Currency | USD |
| Current Price | 1.2 |
| Current Ratio | 0.327 |
| Custom Price Alert Confidence | HIGH |
| Date Short Interest | 1,789,430,400 |
| Day High | 1.29 |
| Day Low | 1.19 |
| Debt To Equity | 24.098 |
| Display Name | Abits |
| Dividend Yield | 0.0 |
| Ebitda | 1,142,693 |
| Ebitda Margins | 0.12517999 |
| Enterprise To Ebitda | 4.63 |
| Enterprise To Revenue | 0.58 |
| Enterprise Value | 5,290,720 |
| Eps Trailing Twelve Months | -1.21 |
| Esg Populated | 0 |
| Exchange | NCM |
| Exchange Data Delayed By | 15 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 1.31052 |
| Fifty Day Average Change | -0.110520005 |
| Fifty Day Average Change Percent | -0.084332936 |
| Fifty Two Week Change Percent | -84.86759 |
| Fifty Two Week High | 9.16 |
| Fifty Two Week High Change | -7.96 |
| Fifty Two Week High Change Percent | -0.86899567 |
| Fifty Two Week Low | 0.76 |
| Fifty Two Week Low Change | 0.44000006 |
| Fifty Two Week Low Change Percent | 0.5789474 |
| Fifty Two Week Range | 0.76 - 9.16 |
| Financial Currency | USD |
| First Trade Date Milliseconds | 1,397,136,600,000 |
| Float Shares | 2,959,048 |
| Free Cashflow | -964,114 |
| Full Exchange Name | NasdaqCM |
| Full Time Employees | 11 |
| Fullday Change | -0.042099953 |
| Fullday Change Percent | -3.3894174 |
| Fullday Price | 1.2 |
| Gmt Off Set Milliseconds | -14,400,000 |
| Gross Margins | 0.40273997 |
| Gross Profits | 3,676,498 |
| Has Pre Post Market Data | 1 |
| Held Percent Insiders | 0.26705 |
| Held Percent Institutions | 0.01599 |
| Implied Shares Outstanding | 3,214,445 |
| Industry | Capital Markets |
| Industry Disp | Capital Markets |
| Industry Key | capital-markets |
| Language | en-US |
| Last Fiscal Year End | 1,767,139,200 |
| Last Split Date | 1,555,891,200 |
| Last Split Factor | 1:5 |
| Long Business Summary | Abits Group Inc., through its subsidiary, operates in the bitcoin mining business in the United States. It owns and operates mining facilities that provides mining operations and colocation hosting services. The company was formerly known as Moxian (BVI) Inc and changed its name to Abits Group Inc. in November 2023. Abits Group Inc. was incorporated in 2021 and is based in Causeway Bay, Hong Kong. |
| Long Name | Abits Group Inc. |
| Market | us_market |
| Market Cap | 3,857,334 |
| Market State | PREPRE |
| Max Age | 86,400 |
| Message Board Id | finmb_129246687 |
| Most Recent Quarter | 1,767,139,200 |
| Net Income To Common | -2,869,496 |
| Next Fiscal Year End | 1,798,675,200 |
| Non Diluted Market Cap | 4,146,634 |
| Open | 1.29 |
| Operating Cashflow | 1,413,577 |
| Operating Margins | -0.34557998 |
| Payout Ratio | 0.0 |
| Phone | 852 3959 8605 |
| Previous Close | 1.2321 |
| Price Hint | 4 |
| Price To Book | 0.36574218 |
| Price To Sales Trailing12 Months | 0.42255178 |
| Profit Margins | -0.31434 |
| Quick Ratio | 0.039 |
| Quote Source Name | Delayed Quote |
| Quote Type | EQUITY |
| Recommendation Key | none |
| Region | US |
| Regular Market Change | -0.032099962 |
| Regular Market Change Percent | -2.605305 |
| Regular Market Day High | 1.29 |
| Regular Market Day Low | 1.19 |
| Regular Market Day Range | 1.19 - 1.29 |
| Regular Market Open | 1.29 |
| Regular Market Previous Close | 1.2321 |
| Regular Market Price | 1.2 |
| Regular Market Time | 1,791,576,000 |
| Regular Market Volume | 13,851 |
| Return On Assets | -0.13397999 |
| Return On Equity | -0.31599 |
| Revenue Growth | 0.688 |
| Revenue Per Share | 3.852 |
| Sand P52 Week Change | 0.17383456 |
| Sector | Financial Services |
| Sector Disp | Financial Services |
| Sector Key | financial-services |
| Shares Outstanding | 3,214,445 |
| Shares Percent Shares Out | 0.0150999995 |
| Shares Short | 48,481 |
| Shares Short Previous Month Date | 1,786,665,600 |
| Shares Short Prior Month | 46,004 |
| Short Name | Abits Group Inc |
| Short Percent Of Float | 0.020399999 |
| Short Ratio | 0.8 |
| Source Interval | 15 |
| Symbol | ABTS |
| Total Cash | 83,837 |
| Total Cash Per Share | 0.028 |
| Total Debt | 1,875,000 |
| Total Revenue | 9,128,666 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing Eps | -1.21 |
| Trailing Peg Ratio | None |
| Triggerable | 1 |
| Two Hundred Day Average | 2.0792 |
| Two Hundred Day Average Change | -0.8792 |
| Two Hundred Day Average Change Percent | -0.42285493 |
| Type Disp | Equity |
| Volume | 13,851 |
| Website | https://www.abitsgroup.com |