Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
An update from Abits Group ( (ABTS) ) is now available.
Abits Group Inc. has announced a major expansion by opening a new 10MW hosting facility in Memphis, Tennessee, thereby doubling its mining capacity to a total of 22MW. This strategic move enhances the company’s competitive positioning in the North American market and is expected to boost its total output to around 1EH/s, leveraging Tennessee’s favorable energy costs and infrastructure.
More about Abits Group
Abits Group Inc. is a U.S.-based digital data center operator specializing in Bitcoin self-mining operations.
YTD Price Performance: -5.73%
Average Trading Volume: 255,645
Technical Sentiment Consensus Rating: Buy
Current Market Cap: $21.68M
Find detailed analytics on ABTS stock on TipRanks’ Stock Analysis page.