Abits Group Inc Regains Compliance with NASDAQ Minimum Bid Price Requirement

Company Overview - Abits Group Inc, formerly known as Moxian (BVI) Inc, was established in May 2021 and became the surviving entity after merging with Moxian, Inc. in August 2021 [2] - The company operates in the bitcoin mining sector in the United States, specifically through its wholly owned subsidiary, ABIT USA, Inc., located in Tennessee [2] Compliance Update - On March 24, 2025, Abits Group Inc received confirmation from NASDAQ that it has regained compliance with the minimum bid price requirement under Listing Rule 5550(a)(2) [1] - NASDAQ has indicated that this matter is now closed, signifying a positive development for the company's stock status [1]