$BTC Phoenix Group Liquidates $150M Crypto Reserve in Q2 2025
📍 Abu Dhabi-based @Phoenix Group (ADX) has officially liquidated a $150M digital asset fund — the first ADX-listed firm to do so.
🪙 Fund includes:
• 514 BTC
• 630K+ SOL
📊 Q2 Highlights:
• $29M revenue
• 336 BTC mined
• 31% gross margin
• 72% stock surge (Q2)
• 110% total return (since April)
CEO Munaf Ali confirms strategic focus on AI & HPC, targeting 1 GW hybrid infrastructure by 2027.