According to Deep Tide TechFlow, on August 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's mining operation profit reached $2.138 million in the first half of the year, a year-on-year rise of nearly 6%. During the period, Bitcoin production was 40.27 coins, a decrease from 61.53 coins in the same period last year, but benefited from the average Bitcoin price rising to $95,843 and the contribution from Memphis custody business, which partially offset the impact of the drop in production.



Due to the increase in depreciation expenses for newly added equipment and interest expenses related to Memphis investment loans, the company recorded a pre-tax operating loss of $340,000.
BTC-4.65%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Repost
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate app
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)