Head-To-Head Analysis: Abits Group (NASDAQ:ABTS) vs. Griid Infrastructure (NASDAQ:GRDI)

Abits Group (NASDAQ:ABTS) and Griid Infrastructure (NASDAQ:GRDI) are both small-cap business services companies, but which is the superior business? We will compare the two companies based on the strength of their risk, analyst recommendations, valuation, profitability, earnings, institutional ownership and dividends.

Profitability

This table compares Abits Group and Griid Infrastructure’s net margins, return on equity and return on assets.

	Net Margins	Return on Equity	Return on Assets
Abits Group	N/A	N/A	N/A
Griid Infrastructure	N/A	-44.60%	51.28%

Risk & Volatility

Abits Group has a beta of 2.7, suggesting that its stock price is 170% more volatile than the S&P 500. Comparatively, Griid Infrastructure has a beta of -0.34, suggesting that its stock price is 134% less volatile than the S&P 500.

Institutional & Insider Ownership

0.2% of Abits Group shares are owned by institutional investors. Comparatively, 77.8% of Griid Infrastructure shares are owned by institutional investors. 6.7% of Abits Group shares are owned by company insiders. Comparatively, 0.3% of Griid Infrastructure shares are owned by company insiders. Strong institutional ownership is an indication that hedge funds, endowments and large money managers believe a company is poised for long-term growth.

Analyst Recommendations

This is a breakdown of recent ratings and recommmendations for Abits Group and Griid Infrastructure, as reported by MarketBeat.

	Sell Ratings	Hold Ratings	Buy Ratings	Strong Buy Ratings	Rating Score
Abits Group	0	0	0	0	N/A
Griid Infrastructure	0	0	0	0	N/A

Valuation and Earnings

This table compares Abits Group and Griid Infrastructure”s top-line revenue, earnings per share (EPS) and valuation.

	Gross Revenue	Price/Sales Ratio	Net Income	Earnings Per Share	Price/Earnings Ratio
Abits Group	$5.34 million	3.19	-$12.59 million	N/A	N/A
Griid Infrastructure	$20.94 million	2.84	-$18.66 million	N/A	N/A

Abits Group has higher earnings, but lower revenue than Griid Infrastructure.

Summary

Abits Group beats Griid Infrastructure on 5 of the 8 factors compared between the two stocks.

About Abits Group

Abits Group Inc., a digital company, engages in the provision of bitcoin mining and related services in the United States. The company was formerly known as Moxian (BVI) Inc and changed its name to Abits Group Inc. in November 2023. Abits Group Inc. was incorporated in 2021 and is based in Tsim Sha Tsui, Hong Kong.

About Griid Infrastructure

Griid Infrastructure Inc. operates as a vertically integrated bitcoin mining company in North America. The company owns and operates a portfolio of energy infrastructure and data centers. It also engages in bitcoin mining operation, which operates specialized computers that generate cryptocurrency. The company was founded in 2018 and is based in Cincinnati, Ohio.