Abits Group management commentary links first-half 2026 revenue decline of 20% to lower Duff Bitcoin output, weaker market
ABTS•Abits Group reported a first-half 2026 pretax loss of $2.54 million, compared with $0.34 million a year earlier, as revenue fell 20% to $3.2 million. Management attributed the decline to weaker Bitcoin prices and lower output at Duff.
1. First-half results
Abits Group’s first-half 2026 pretax loss widened to $2.54 million from $0.34 million a year earlier, while revenue fell 20% to $3.2 million. Duff’s Bitcoin production declined 23%, and revenue there fell 46% to $1.81 million; Memphis contributed $1.2 million. Direct costs rose 48% to $2.76 million, mainly reflecting full recognition of $1.05 million in Memphis hosting fees, including electricity.
