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Updates🚨🚨: Phoenix Group launches $150M crypto treasury with 514 $BTC and 630K $SOL .
Phoenix Group, a Bitcoin mining and digital infrastructure company listed on the Abu Dhabi Securities Exchange (ADX), has launched a $150 million cryptocurrency treasury. This strategic reserve includes 514 Bitcoin (BTC) and 630,000 Solana (SOL) tokens, marking Phoenix Group as the first ADX-listed company to hold digital assets on its balance sheet.
Here are some highlights;
- 😁🔹✅Treasury Value: $150 million, comprising 514 $BTC and 630,000 SOL
- 😋✅☑️Strategic Alignment: Phoenix Group believes in the long-term value of decentralized blockchain networks, viewing this treasury as a strategic alignment rather than a speculative investment
- 🔵✅Operational Excellence: The company reported $29 million in revenue and mined 336 BTC in Q2 2025, with a 31% self-mining gross margin and 14% energy cost reduction
- 🏆🥇Market Performance: Phoenix Group's share price surged over 72% in Q2 2025, making it one of the top-performing stocks on the ADX
- 🔹🌟Future Growth: The company is expanding into artificial intelligence and high-performance computing (HPC), targeting 1 gigawatt of combined compute infrastructure capacity by 2027