Abu Dhabi-headquartered bitcoin miner Phoenix Group, listed on the ADX, reported sturdy monetary and operational outcomes for Q2 2025, highlighting the formalization of a digital asset treasury valued at over $150 million, making it the primary ADX-listed firm to take action. The treasury primarily consists of 514 BTC and over 630,000 SOL.
The corporate generated $29 million in income and mined 336 BTC through the quarter, reaching a 31% gross margin on self-mining and a 14% discount in vitality prices. Phoenix’s share worth surged over 72% from April to June, with complete good points reaching 110% for the reason that begin of April. Regardless of a non-cash lack of $29 million on account of portfolio revaluations, the corporate stays almost debt-free, positioning itself for future progress. CEO Munaf Ali emphasised the strategic significance of the treasury and the continued enlargement into synthetic intelligence and high-performance computing, aiming to construct 1 gigawatt of hybrid infrastructure by 2027.
