TechFlow, Aug 14 — Abits Group (Nasdaq: ABTS) today released its unaudited financial report for the first half of 2025. The report shows that despite the impact of Bitcoin halving, the company achieved a mining operation profit of $2.138 million in the first half of the year, an increase of nearly 6% year-on-year. During this period, Bitcoin production was 40.27 BTC, down from 61.53 BTC in the same period last year. However, the decline in output was partially offset by the rise in average Bitcoin price to $95,843 and contributions from the Memphis托管 business.
Due to increased depreciation expenses from new equipment and loan interest costs related to investments in Memphis, the company recorded a pre-tax operating loss of $340,000.
Add to Favorites
Share to Social Media
