Abits Group Announces AI Infrastructure and High-Performance Computing Expansion Strategy
ACCESSWIRE•03/11/2026•07:00 ET
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Key Highlights
- ➤Abits (ABTS) announces strategy to pursue AI infrastructure and HPC hosting
- ➤Existing U.S. power infrastructure and facilities targeted for new hosting revenue
- ➤Initial evaluation will assess power, cooling, connectivity and infrastructure upgrades
- ➤No definitive AI or HPC hosting agreements have been signed
- ➤Data centers could consume approximately 11.8% of U.S. electricity by 2030
Expert Statements
Stephen Faucetta, Chairman and CEO of Abits Group
“We see a compelling opportunity to expand our business as demand for AI computing infrastructure accelerates. With access to existing power and operating facilities, we believe Abits may have an advantage over new developments that must secure suitable sites, power connections and regulatory approvals before construction can begin. Our goal is to capitalize on these assets to develop new revenue streams while maintaining a disciplined approach to investment and execution.”
DUFF, TN / ACCESS Newswire / November 3, 2026 / Abits Group Inc. (Nasdaq:ABTS) ("Abits" or the "Company"), a U.S.-focused digital infrastructure company with Bitcoin mining operations, today announced a strategy to pursue opportunities in artificial intelligence (AI) infrastructure and high-performance computing (HPC) hosting. The initiative aims to leverage the Company's existing power infrastructure, facilities and operating experience to develop new hosting revenue opportunities.
Stephen Faucetta, Chairman and CEO of Abits Group, commented:
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