Company: ABTS
Filing Date: 2025-01-21
Form Type: F-3
Source: 0001493152-25-003076
Chunk: 7

Company: Abits Group Inc
Filing Date: 2025-01-21
Form: F-3
Chunk 7
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 or developments, except as required by U.S. federal securities laws. You should read this prospectus, any applicable prospectus supplement, any related free writing prospectus and any document incorporated by reference into this prospectus with the understanding that we cannot guarantee future results, levels of activity, performance or achievements and that actual results may differ materially from what we expect. The forward-looking statements contained in this prospectus, any applicable prospectus supplement, any related free writing prospectus and any document incorporated by reference into this prospectus are excluded from the safe harbor protection provided by the PSLRA.

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<div align='center'>PROSPECTUS SUMMARY</div>

This summary highlights selected information that is presented in greater detail elsewhere, or incorporated by reference, in this prospectus. It does not contain all of the information that may be important to you and your investment decision. Before investing in the securities that we are offering, you should carefully read this entire prospectus, including the matters set forth under the section of this prospectus captioned “Risk Factors,” “Cautionary Note Regarding Forward-Looking Statements” and the financial statements and related notes and other information that we incorporate by reference herein, including, but not limited to, our 2023 Annual Report and our other SEC reports.

<div align='center'>ABOUT OUR COMPANY</div>

We are a British Virgin Islands business company, and this is an offering of securities of a British Virgin Islands company. We conduct our digital data center operations and bitcoin mining business through our subsidiaries based in the United States. Unless otherwise stated, as used in this prospectus and in the context of describing our operations and consolidated financial information, “Abits,” “ABTS,” “we,” “us,” “our” or “the Company” refers to Abits Group Inc, a British Virgin Islands business company. As a holding company with no material operations of its own, substantially all of the Company’s business is conducted by our U.S. operating subsidiaries with certain limited administrative functions supported by our subsidiary in China.

Overview

Through our U.S.-based operating subsidiaries, we operates a digital data center with bitcoin self-mining operations and are a niche player in the bitcoin mining industry. Led by a team of experienced professionals and cryptocurrency industry veterans, we believe in the long-term sustainability and superiority of bitcoin as a cryptocurrency and its inherent strengths which are being increasingly recognized and accepted.

We believe cryptocurrencies have many advantages over traditional, physical fiat currencies, including immediate settlement, fraud deterrent as they are unable to be