Abits Group Inc Secures Loan for Memphis Expansion, Doubling Mining Capacity by Early April 2025
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Abits Group Inc (NASDAQ: ABTS) has secured a $3 million loan to expand its bitcoin mining operations in Memphis, Tennessee. The expansion will double its mining capacity by early April 2025.
March 19, 2025 | 10:15 am
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Abits Group Inc has secured a $3 million loan to expand its bitcoin mining operations in Memphis, Tennessee, which will double its mining capacity by early April 2025.
The secured loan will enable Abits Group to significantly increase its mining capacity, which is likely to enhance its revenue potential. The expansion is a positive development for the company, suggesting a likely positive impact on its stock price.
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