Phoenix Digital Assets
BTC Holdings
247
Share Price
$0.05
Current trading price per share
Market Cap
$21M
Total market capitalization
Enterprise Value
$21M
Market cap plus debt minus cash
NAV Multiple
0.971
Net Asset Value multiplier
BTC / Market Cap
102.9%
Bitcoin holdings as % of market cap
About Phoenix Digital Assets
Phoenix Digital Assets PLC, listed on the Aquis Stock Exchange with the ticker PNIX.AQ, is a UK-based investment company headquartered in London. Originally founded as NFT Investments PLC to capitalize on the emerging non-fungible token market, it rebranded to Phoenix Digital Assets to reflect a broader focus on blockchain technologies. Its business model centers on providing investors exposure to digital assets through a publicly traded vehicle, emphasizing transparency and independent audits. Core operations involve managing a diversified portfolio of cryptocurrencies and supporting the incubation and development of blockchain-led businesses.
The company integrates Bitcoin into its treasury strategy, holding it as a core reserve asset to diversify its financial portfolio and align with the growth of decentralized finance. This approach views Bitcoin as a foundational element for long-term value preservation. Beyond treasury management, Phoenix pursues a comprehensive digital asset strategy, investing in large-cap cryptocurrencies and blockchain ventures to foster innovation and generate returns through strategic partnerships and ecosystem development.
Led by Executive Chairman Jonathan Bixby and a team experienced in building prominent blockchain enterprises, Phoenix maintains a strong industry presence as a pioneer among listed companies in the UK's digital asset sector. Its leadership drives a vision of bridging traditional finance with blockchain opportunities, positioning Phoenix as a key player in the space. By committing to the evolution of digital assets, the company ensures enduring relevance in the global blockchain economy.
Recent Developments
- Dec 31, 2024: Bitcoin holdings decreased by 3.00 BTC to 247 BTC (BTC @ $93.6K)
- Jun 30, 2024: Bitcoin holdings increased by 250.00 BTC to 250 BTC with cost basis of $16.1M (BTC @ $61.5K)
Phoenix Digital Assets β Bitcoin Holdings Over Time
1y - Present
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Phoenix Digital Assets β Stock vs BTC Dynamics
1y - Present
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Balance Sheet History