Abits Group management commentary links first — half 2026 revenue decline of 20% to lower Duff Bitcoin output, weaker market

Abits Group management commentary reported a first-half 2026 pretax loss of $2.54 million, versus $0.34 million a year earlier. Revenue fell 20% to $3.2 million, which management attributed to weaker Bitcoin prices and lower Duff output. Duff’s Bitcoin production declined 23%, while revenue at the site dropped 46% to $1.81 million. Memphis contributed $1.2 million in revenue, partially offsetting the decline at Duff. Direct costs rose 48% to $2.76 million, mainly reflecting full recognition of $1.05 million in Memphis hosting fees, including electricity. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Abits Group Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001493152-26-047272), on October 15, 2026, and is solely responsible for the information contained therein. (