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UAE Bitcoin Miner Phoenix Group Experiences 43% Income Decline, Highlights Shift Towards Digital Treasury

greater by greater
August 3, 2025
Reading Time: 9 mins read
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UAE Bitcoin Miner Phoenix Group Experiences 43% Income Decline, Highlights Shift Towards Digital Treasury


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Phoenix
Group, the primary UAE-listed Bitcoin (BTC) mining firm (ADX: PHX), posted a
43% decline in quarterly income in comparison with final 12 months and reported a $29.2
million web loss, even because it expanded its digital asset holdings and maintained
worthwhile operations throughout its world amenities.

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Tags: BitcoinDeclineDigitalgroupHighlightsMinerPhoenixReportsRevenueShifttreasuryUAE
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