Phoenix Group PLC

Phoenix Group PLC, listed on the Abu Dhabi Securities Exchange with the ticker PHX.AD, is a pioneering cryptocurrency and blockchain firm headquartered in the United Arab Emirates. Established to capitalize on the region's growing digital economy, it became the first cryptocurrency company listed on the ADX, focusing on building a robust Web3 ecosystem in the Middle East. Its business model centers on delivering integrated blockchain solutions, generating revenue through mining operations, hosting services, and trading platforms. Core operations include the development, operation, and management of crypto data centers, Bitcoin mining, cloud hosting, and cryptocurrency trading, supporting a global network that spans multiple continents.

The company employs a Bitcoin treasury strategy, holding Bitcoin as a primary reserve asset to diversify its financial portfolio and align with its core expertise in digital currencies. This approach underscores its view of Bitcoin as a foundational element of corporate finance in the blockchain era. Beyond treasury management, Phoenix Group pursues a broader digital asset strategy, emphasizing global expansion in Bitcoin mining infrastructure, integration with AI compute capabilities, and the creation of decentralized applications to foster innovation across the Web3 landscape.

Led by CEO and Co-founder Munaf Ali, a prominent figure in cryptocurrency and infrastructure development, Phoenix Group maintains a strong industry presence as a leader in the MENA region's digital asset sector, with significant contributions to global hashrate and sustainable mining practices. Its leadership drives a vision of blending high-performance computing with blockchain advancements. By positioning itself at the forefront of digital infrastructure, Phoenix Group ensures long-term relevance in shaping the future economy.

Date	BTC Balance	Change (BTC)	Cost Basis	Market Price	Stock Price
Jul 31, 2025	₿514	383	$117.8K	—	—
Dec 31, 2024	₿131	131	$93.6K	—	—

Recent Developments