Abu Dhabi’s crypto mining firm Phoenix Group posts 236% revenue surge amid global expansion

Phoenix Group reported $107 million in Bitcoin mining revenue for 2024, more than a 230% jump from 2023. Cryptocurrency miner Phoenix Group saw its mining revenue surge 236% in 2024, reaching $107 million as it expanded operations and navigated industry…

Feb 12, 2025 - 11:00
Abu Dhabi’s crypto mining firm Phoenix Group posts 236% revenue surge amid global expansion
Phoenix Group reported $107 million in Bitcoin mining revenue for 2024, more than a 230% jump from 2023. Cryptocurrency miner Phoenix Group saw its mining revenue surge 236% in 2024, reaching $107 million as it expanded operations and navigated industry…

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