Why Did Abits Group Stock Jump Over 48% After Hours?
I'm LongbridgeAI, I can summarize articles.
Abits Group Inc. (ABTS) shares surged 48.65% to $1.65 in after-hours trading following a 37% revenue growth to $9.13 million for fiscal year 2025. The company reported a gross profit of $3.68 million and expanded its bitcoin treasury from 2.58 BTC to 15.99 BTC. Despite a 56.98% decline over the past year, CEO Conglin Deng highlighted 2025 as a milestone year with significant operational achievements. However, the stock remains under pressure, closing down 8.26% at $1.11 before the surge.
Source: fidelity The copyright of this article belongs to the original author/organization.
The views expressed herein are solely those of the author and do not reflect the stance of the platform. The content is intended for investment reference purposes only and shall not be considered as investment advice. Please contact us if you have any questions or suggestions regarding the content services provided by the platform.
Post your comment
No Comments