Why Did Abits Group Stock Jump Over 48% After Hours?
▲ BULLISH Benzinga April 30, 2026 · 05:29 UTC

Abits Group Stock Surges Over 48% After Hours on Strong FY25 Results

Abits Group (ABTS) experienced a significant after-hours jump, rising over 48%, following the release of its fiscal year 2025 results. Revenue increased 37% to $9.13 million, with a gross margin of 40%. The company’s Bitcoin treasury grew over sixfold to 15.99 BTC. Despite a recent stock decline and current positioning near its annual low, the company cites a successful Memphis facility launch and increased hash rate capacity as key achievements.

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News: Abits Group (ABTS) stock jumped over 48% after hours after reporting fiscal year 2025 results. Revenue climbed 37% to $9.13 million, up from $6.71 million in fiscal year 2024, with a gross profit of $3.68 million and a gross margin of 40%. The company increased its Bitcoin treasury from 2.58 BTC to 15.99 BTC, mining 89.09 BTC at its facilities. A February 2026 direct offering raised $2.1 million. Currently, the stock is trading near its 52-week low, with an RSI of 34.07 and a 52-week high of $10.86 and low of $0.97. The stock closed the regular session down 8.26% at $1.11.

AI Analysis: While the stock has experienced a 56.98% decline over the past year and faces negative price trends, the significant revenue growth and Bitcoin treasury expansion suggest potential for recovery, though investor confidence remains a key factor.

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This content is automatically generated from public news sources. This is not financial advice.

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