News list for "abits"
On August 14th, 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 first-half mining operating profit reached $2.138 million, an increase of nearly 6% year-on-year. During the period, bitcoin production was 40.27, down from 61.53 in the same period last year, but benefited from the increase in the average bitcoin price to $95,843 and the contribution of the Memphis custody...
Exabits, a crypto-artificial intelligence startup, closed a $15 million seed round at a valuation of $150 million. Exabits said Tuesday that Hack VC led the round and several other investors participated, but declined to name them. Exabits co-founder Hoansoo Lee said that Exabits began financing in July this year and closed the round in October. This seed round brings Exabits' total funding to $20 million. Hoansoo Lee declined to comment on the structure of the round.
