Abits Group Inc. Files 2024 Annual Report
Ticker: ABTS · Form: 20-F · Filed: Apr 30, 2025 · CIK: 1864055
Sentiment: neutral
Topics: 20-F, crypto-assets, finance-services
TL;DR
Abits Group Inc. (formerly Moxian) filed its 2024 20-F, showing crypto asset focus from Hong Kong.
AI Summary
Abits Group Inc. filed its annual 20-F report for the fiscal year ending December 31, 2024. The company, previously known as Moxian (BVI) Inc., is incorporated in the British Virgin Islands and operates in the finance services sector, specifically focusing on crypto assets. Its principal executive offices are located in Hong Kong SAR.
Why It Matters
This filing provides investors with a comprehensive overview of Abits Group Inc.'s financial performance and business operations for the 2024 fiscal year, including its activities in the crypto asset space.
Risk Assessment
Risk Level: medium — The company operates in the volatile crypto asset sector and is incorporated in the British Virgin Islands, which can present regulatory and operational complexities.
Key Numbers
- 2024 — Fiscal Year End (The report covers the financial performance up to December 31, 2024.)
- 20250430 — Filing Date (The 20-F report was officially filed on April 30, 2025.)
Key Players & Entities
- Abits Group Inc. (company) — Filer of the 20-F report
- Moxian (BVI) Inc. (company) — Former name of Abits Group Inc.
- 20241231 (date) — Fiscal year end
- 20250430 (date) — Filing date
- Hong Kong SAR (location) — Location of business and mail address
FAQ
What is the primary business of Abits Group Inc. as indicated in the filing?
The filing indicates that Abits Group Inc. operates in the finance services sector, with a specific focus on crypto assets, as per its SIC code [6199].
When did Abits Group Inc. change its name from Moxian (BVI) Inc.?
The date of the name change from Moxian (BVI) Inc. to Abits Group Inc. was May 24, 2021.
Where are the principal executive offices of Abits Group Inc. located?
The business and mail addresses are listed as Unit 911, Tower 2, Silvercord, 30 Canton Road, Tsimshatsui, Hong Kong SAR.
What is the SEC file number for Abits Group Inc.'s 20-F filing?
The SEC file number is 333-256665.
What is the fiscal year end for Abits Group Inc.?
The fiscal year end for Abits Group Inc. is December 31 (1231).
Filing Details
This Form 20-F (Form 20-F) was filed with the SEC on April 30, 2025 regarding Abits Group Inc (ABTS).