🚀 Abu Dhabi’s Phoenix Group Launches $150M Crypto Treasury for $BTC & $SOL

Phoenix Group, a Bitcoin mining firm listed on the Abu Dhabi Securities Exchange (ADX), has unveiled a $150 million strategic cryptocurrency reserve. This marks the first time an ADX-listed company has established such a treasury, signaling growing institutional interest in digital assets.

The reserve will primarily hold $BTC and $SOL, showcasing a diversified approach to crypto investments. This move aligns with the UAE’s push to become a global crypto hub.

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