Phoenix Group Reports $107M in Bitcoin Mining Revenue, Eyes Nasdaq Listing in 2025
Abu Dhabi-based cryptocurrency mining firm Phoenix Group has reported a significant surge in revenue for 2024, with Bitcoin mining earnings reaching $107 million—a 236% increase from the previous year. The company, which earned $32 million in 2023 and just $5.4 million in 2022, has seen an impressive 1,852% growth in ...
