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Abits Group Delivers 37% Revenue Growth and Expands Tennessee Mining Fleet to 760 PH/s in 2025
Market Chameleon (Thu, 30-Apr 5:52 AM ET)
Abits Group Inc is a bitcoin mining company. The Company operates self-owned and hosted bitcoin mining facilities in Tennessee, United States.
Abits Group - trades on the NASDAQ stock market under the symbol ABTS.
As of August 7, 2026, ABTS stock price declined to $1.38 with 21,992 million shares trading.
ABTS has a beta of 1.66, meaning it tends to be more sensitive to market movements. ABTS has a correlation of 0.02 to the broad based SPY ETF.
ABTS has a market cap of $4.09 million. This is considered a Sub-Micro Cap stock.
ABTS has underperformed the market in the last year with a return of -66.4%, while SPY returned +23.5%. This shows that you would have done better investing in the overall market (through SPY) over the last year than in ABTS shares. However, ABTS has outperformed the market in the last 3 month and 2 week periods, returning +20.0% and +21.1%, while SPY returned +6.0% and +4.6%, respectively. This indicates ABTS has been having a stronger performance recently.
ABTS support price is $1.36 and resistance is $1.60 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that ABTS shares will trade within this expected range on the day.
