Abits Group Releases H1 2025 Financial Report: Mining Operations Generate $2.138 Million in Profit with 40.27 Bitcoins Produced

On August 14, Abits Group (NASDAQ: ABTS) released its unaudited financial report for the first half of 2025. The report shows that despite the impact of the Bitcoin halving, the company’s mining operations generated a profit of $2.138 million in the first half of the year, representing a year-on-year increase of nearly 6%. During the period, Bitcoin production was 40.27 coins, down from 61.53 coins in the same period last year. However, the negative impact of lower production was partially offset by the rise in the average Bitcoin price to $95,843 and contributions from the Memphis custody business. Due to increased depreciation expenses from new equipment and interest expenses related to Memphis investment loans, the company recorded a pre-tax operating loss of $340,000.