Moxian BVI

Moxian (BVI), Inc. engages in the provision of Internet media marketing services in China and bitcoin mining and related services in the United States. It is the operator of the Games Channel of the Xinhua App, an application developed and operated by Xinhua New China News Agency. The company was founded in 2013 and is headquartered in Beijing, China.

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Abits Group, Inc. engages in the provision of Internet media marketing services in China and bitcoin mining and related services in the United States. It is the operator of the Games Channel of the Xinhua App, an application developed and operated by Xinhua New China News Agency. The company was founded in 2013 and is headquartered in Beijing, China.

Hong Kong, Nov. 16, 2023 (GLOBE NEWSWIRE) -- Moxian (BVI) Inc (the “Company”) (NASDAQ: MOXC), a company engaged in bitcoin mining and related services in the United States, today announced that it has changed its corporate name from Moxian (BVI) Inc to Abits Group Inc. In addition, the Company's ticker symbol on the Nasdaq Capital Market will be changed to “ABTS” from “MOXC” effective before the opening of trading on November 17, 2023.

Moxian Announces Name Change to Abits Group Inc

Beijing, Nov. 08, 2023 (GLOBE NEWSWIRE) -- Moxian (BVI) Inc (NASDAQ: MOXC) Following a very difficult year in 2022, when bitcoin prices to a low of about $15,000, 2023 began with a more cheerful note. Bitcoin prices on average for the six months to June 2023 hover around the $26,000 mark.

Management Discussion and Analysis of Results for the half-year to June 30, 2023

Beijing, Oct. 18, 2023 (GLOBE NEWSWIRE) -- Moxian (BVI) Inc (“Moxian” or the “Company”) (NASDAQ: MOXC), a company engaged in bitcoin mining and related services in the United States, announced today on October 12, 2023, it received a letter from The Nasdaq Stock Market LLC (“Nasdaq”), notifying the Company that it is currently not in compliance with the minimum bid price requirement set forth under Nasdaq Listing Rule 5550(a)(2). It resulted from the fact that the closing bid price of the Company's ordinary shares was below $1.00 per share for a period of 30 consecutive business days. This press release is issued pursuant to Nasdaq Listing Rule 5810(b), which requires prompt disclosure of receipt of a deficiency notification. The notification has no immediate effect on the listing of the Company's ordinary shares, which will continue to trade uninterrupted on Nasdaq under the ticker “MOXC”.

Moxian Receives NASDAQ Notification Regarding Minimum Bid Price Requirements

Hong Kong, Oct. 02, 2023 (GLOBE NEWSWIRE) -- Moxian (BVI) Inc. (NASDAQ: MOXC), is proud to announce the launch of its subsidiary, ABit USA's, groundbreaking bitcoin self mining site. As a fully owned subsidiary of Moxian, ABit USA has established itself as a key player in the cryptocurrency mining industry, and this latest venture marks a significant milestone in the company's growth and innovation.

MOXIAN POWERS UP ITS DUFF SITE

Hong Kong, Aug. 28, 2023 (GLOBE NEWSWIRE) -- Moxian (BVI) Inc (“Moxian” or the “Company”) (NASDAQ: MOXC), a company engaged in bitcoin mining and related services in the United States, today announced the results of its 2023 Annual Meeting of Shareholders that was held on August 25, 2023 in Hong Kong.

Moxian Announces Results of Annual Meeting of Shareholders

Beijing, Aug. 15, 2023 (GLOBE NEWSWIRE) -- Moxian (BVI) Inc (“Moxian” or the “Company”) (NASDAQ: MOXC), a company engaged in bitcoin mining and related services in the United States, announced today on August 14, 2023, it received notification from The Nasdaq Stock Market LLC (“NASDAQ”) confirming the Company has regained compliance with NASDAQ's minimum bid price requirement under Listing Rule 5550(a)(2). NASDAQ noted this matter is now closed.

Moxian Regains Compliance with NASDAQ Minimum Bid Price Requirement

Hong Kong, July 18, 2023 (GLOBE NEWSWIRE) -- Moxian (BVI) Inc (“Moxian” or the “Company”) (NASDAQ: MOXC), a company engaged in the bitcoin mining and related service business, today announced that the Company's 2023 annual meeting of shareholders will be held on August 25, 2023 at 10:00 A.M., local time (10:00 P.M. ET on August 24, 2023), at Unit 911, Tower 2, Silvercord, 30 Canton Road, Tsimshatsui, Hong Kong SAR, China. Shareholders as of the record date, close of business on July 21, 2023, will be entitled to vote at the meeting.

Moxian to Hold Annual Meeting of Shareholders on August 25, 2023

Beijing, June 07, 2023 (GLOBE NEWSWIRE) -- Moxian (BVI) Inc (“Moxian” or the “Company”) (NASDAQ: MOXC), a company engaged in bitcoin mining and related services in the United States, announced today on June 6, 2023, it received a letter from The Nasdaq Stock Market LLC (“Nasdaq”), notifying the Company that it is currently not in compliance with the minimum bid price requirement set forth under Nasdaq Listing Rule 5550(a)(2). It resulted from the fact that the closing bid price of the Company's ordinary shares was below $1.00 per share for a period of 30 consecutive business days. This press release is issued pursuant to Nasdaq Listing Rule 5810(b), which requires prompt disclosure of receipt of a deficiency notification. The notification has no immediate effect on the listing of the Company's ordinary shares, which will continue to trade uninterrupted on Nasdaq under the ticker “MOXC”.

Moxian Receives NASDAQ Notification Regarding Minimum Bid Requirements

Hong Kong, May 17, 2023 (GLOBE NEWSWIRE) -- Moxian (BVI) Inc ("Moxian" or the "Company") (NASDAQ: MOXC), a company engaged in bitcoin mining and related services, today released its earnings report for fiscal year 2022. Net loss amounted to $21.5 million, following a one-time charge of $11.9 million for the write-off of certain mining assets. Commenting on its results, Chief Executive Officer and Director, Mr. Forrest Deng, remarked “The Company, like the rest of the industry, experienced a very difficult year in 2022 with electricity prices surging with the outbreak of the Ukraine war. Bitcoin prices tumbled throughout the year, from the $40,000 level to hover just about $15,000 by the last quarter of the year. Mining equipment, which had been purchased at the turn of the previous year, fell in tandem with the dim outlook of the industry and the Company felt prudent to take the one-time charge.”

MOXIAN ACQUIRES LAND TO BUILD A NEW MINING CENTER

Hong Kong, Dec. 30, 2022 (GLOBE NEWSWIRE) -- Moxian (BVI) Inc (“Moxian” or the “Company”) (NASDAQ: MOXC), a company engaged in bitcoin mining and related services in the United States, today reported its unaudited financial results for the six months ended June 30, 2022.

Moxian (BVI) Inc Reports Unaudited Financial Results for the First Half of 2022

Hong Kong, Aug. 15, 2022 (GLOBE NEWSWIRE) -- Moxian (BVI) Inc (“Moxian” or the “Company”) (NASDAQ: MOXC), a company engaged in bitcoin mining and related services in the United States, today announced that the Company's wholly-owned subsidiary, Moxian Group Limited (“Moxian”), has signed an Equity Transfer Agreement (“the Agreement”) with Jiantao Liu, a resident of China, for the disposal of all of the equity interest of Moxian (Hong Kong) Limited (“Moxian Hong Kong”) for a cash consideration of HKD 1,000. Mr. Liu is an affiliate of Mr. Qinghu Hao, a former director and Chairman of the Company until his resignation from the Board of Directors in March 2022. Mr. Hao, who was appointed a director of the Company in January 2016, had been instrumental in the establishment and operations of Moxian Hong Kong and its wholly-owned subsidiaries in China, which were primarily engaged in mobile payment applications and digital advertising in the Games Channel of the New Xinhua App.

Moxian Announces Divestment of Chinese Subsidiaries

Beijing, July 08, 2022 (GLOBE NEWSWIRE) -- Moxian (BVI) Inc (“Moxian” or the “Company”) (NASDAQ: MOXC), a company in bitcoin mining and related services in the United States and a provider of Internet media marketing services in China, today announced that the Company has appointed Audit Alliance LLP (“Audit Alliance”) as its independent registered public accounting firm for the fiscal year ending December 31, 2022 and accepted the resignation of its previous independent auditor, Centurion ZD & Co., effective on June 30, 2022.

Moxian Appoints New Auditor for the 2022 Fiscal Year

Beijing, July 01, 2022 (GLOBE NEWSWIRE) -- Moxian (BVI) Inc (“Moxian” or the “Company”) (NASDAQ: MOXC), a company in bitcoin mining and related services in the United States and a provider of Internet media marketing services in China, today announced that the Company's 2022 annual meeting of shareholders will be held on August 12, 2022 at 10:00 A.M., local time (10:00 P.M. ET on August 11, 2022), at Level 2, Carpenter Haus, 36 Carpenter Street, Singapore. Shareholders as of the record date, close of business on July 12, 2022, will be entitled to vote at the meeting.

Moxian to Hold Annual Meeting of Shareholders on August 12, 2022

Beijing, May 26, 2022 (GLOBE NEWSWIRE) -- Moxian (BVI) Inc (“Moxian” or the “Company”) (NASDAQ: MOXC), a company in bitcoin mining and related services in the United States and a provider of Internet media marketing services in China, today updates its status under the Holding Foreign Companies Accountable Act (the “HFCAA”). The Company was provisionally named by the United States Securities and Exchange Commission (the “SEC”) as a Commission-Identified Issuer on May 20, 2022 U.S. Eastern Time, following the Company's filing of the annual report on Form 20-F for the fiscal year ended December 31, 2021 with the SEC on May 13, 2022.

Moxian Updates the Status Under Holding Foreign Companies Accountable Act

Hong Kong, Dec. 16, 2021 (GLOBE NEWSWIRE) -- Moxian (BVI) Inc. (“Moxian” or the “Company”) (NASDAQ: MOXC), an Internet media marketing services provider, today announces that pursuant to its decision to enter into the bitcoin mining business and other related activities, it will hold a Special Meeting of Shareholders on Tuesday, December 28, 2021 at 11:00 am, local time, at Room 911, Tower 2, Silvercord, 30 Canton Road, Kowloon, Hong Kong Special Administrative Region, China. At the meeting, Shareholders who are registered as of December 9, 2021 will be eligible to attend and vote on the following three proposals:

Moxian Announces Details of Special Meeting of Shareholders

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HONG KONG, Sept. 20, 2021 (GLOBE NEWSWIRE) -- Moxian (BVI) Inc. (“Moxian” or the “Company”) (NASDAQ: MOXC), an Internet media marketing services provider, is pleased to announce today that it has appointed Mr. Conglin (Forrest) Deng as its Chief Executive Officer of the Company, with immediate effect.

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HONG KONG, Aug. 17, 2021 (GLOBE NEWSWIRE) -- Moxian, Inc. (“Moxian” or the “Company”) (NASDAQ: MOXC), an Internet media marketing services provider, today announced that the reorganization of Moxian as a British Virgin Islands company has been completed. As a result of the corporate reorganization, on August 16, 2021, each outstanding share of Moxian's common stock was converted into the right to receive an ordinary share of Moxian (BVI) Inc, a British Virgin Islands company (“Moxian BVI”).

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