The Bitcoin Minor Phoenix Group Group, Abu Dhabi, has launched a $ 150 million strategic Cryptocurrency Reserve, which has become a publicly listed company on Abu Dhabi Securities Exchange (ADX) to underline a digital asset triceari.
The company said that on Thursday, the reserve included 514 Bitcoin (BTC) and 630,000 Salana (SOL), described as a long-tricm holding strategy.
This makes the Phoenix Group a list of the first company on ADX to install a strategic cryptocurrency treasury on ADX, the company said in an announcement shared with cintetelegraph.
“Catching bitcoin and other strategic digital assets is not about exposure.” We believe in long -term value representing these networks, and our treasury strategy reflects that belief. ,
The Phoenix Group was the five most finished and one of the best stocks on ADX in the second quarter of 2025 after more than 72% rose from April to June.
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Publicly listed bitcoin mining firm Bitmine immersed technologies as the largest Ether (ETH) Treasury firm after the announcement of an acquisition of up to 5% of the ether.
Bitmine is currently 0.52% of the 625,000 ether tokens, or total round ETH supply, the firm on Tuesday announced as part of the $ 1 billion stock recurrent program.
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Q2 Income Revenue Dip but reveals strong long -term growth
The Phoenix Group reported $ 29 million in revenue and a total of 336 BTCs put their global operations in action, including 214 BTCs, which is responsible for self -mining, in the second quarter of 2025.
This marks a decline of 51% from the first quarter, when the Phoenix group mined a cumulative 689 BTC.
Nevertheless, Minean has reported an increase of 219% in self-related bitcoin revenue over two years, with $ 13 million to 2025 to 2025 in the first half of 2023 with more than $ 41.7 million in the first half of 2025, with 31% gross profitability margin and 14% in energy costs.
The Phoenix Group also reports a $ 16 million price loans and a non-case of $ 29 million, “One-time depreciation adjectives under revolutions in its digital asset portfolio and under reviewed accounting standards.”
Phoenix said that it is a partnership specialist in asset assessment in Q3, inspired by rising prices of major holdings such as Solana.
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