Stephen Faucetta

Stephen Faucetta was appointed Chief Executive Officer, Chairman and Director of Abits Group Inc. on October 6, 2026, following the termination of prior CEO Conglin Deng. Faucetta brings over two decades of financial services and alternative asset management experience and a record of managing more than $10 billion in capital raises.

Faucetta was formerly the company's Chief Investment Officer and previously held an executive leadership role at Spartan Capital. Faucetta brings experience in equity offerings, growth capital, and M&A financing, with a professional history involving transactions totaling over $10 billion.

Faucetta holds education from Fordham University and has extensive expertise in financial modeling, business development, and capital markets. He has served as a Managing Director at Spartan Capital Securities, LLC and has worked across investment banking, private equity, and hedge fund management roles. His employment agreement with Abits Group runs for three years with an annual base salary of $580,000.

Career History

• Chief Investment Officer at Abits Group Inc. (prior to October 2026)
• Managing Director at Spartan Capital Securities, LLC (2021–Present)
• Director of Investment Banking at Kingswood Capital Markets (April 2020–July 2021)
• Vice President of Marketing and Corporate Finance at a private hedge fund (September 2016–December 2019)
• Vice President at Great Dane Partners LLC (April 2013–August 2016)

What Faucetta could bring to Abits Group Inc.: With two decades in capital markets and a documented ability to manage complex financing across equity offerings, M&A, and growth capital transactions exceeding $10 billion in aggregate value, Faucetta is positioned to address Abits Group's financing-related constraints and pursue sophisticated multi-industry financing mandates. His background in alternative asset management and investment banking suggests he can strengthen the company's capital markets navigation and governance positioning for continued growth.