PHOENIX GROUP PLC
AADX:PHX0.49
AED
-0.01
(-1.42%)
ISIN
AEE01357P238
Return %
Stock
S&P 500
1Y
-64.19
14.20
3Y
- -
81.12
5Y
- -
68.34
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
FRC
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.Company Description
- CEO
- Munaf Ali
- Full Time Employees
- 178
- Sector
- Technology services
- Industry
- Data processing services
- Address
- Dubai United Arab Emirates
- IPO Date
- Dec 4, 2023
- Website
- phoenixgroupuae.com
- Similar Companies
- Business
- Phoenix Group PLC is an Abu Dhabi-based technology and digital asset infrastructure conglomerate specializing in high-density cryptocurrency mining, high-performance computing (HPC), artificial intelligence (AI) data center operations, and Web3 ecosystem development. Founded in 2017 and headquartered in Abu Dhabi, United Arab Emirates, the company operates internationally across the digital asset and enterprise computing value chains. Its core products and services comprise proprietary high-efficiency digital asset and Bitcoin mining operations; institutional hosting, facility management, and colocation infrastructure for third-party mining operators; wholesale and retail distribution of Application-Specific Integrated Circuit (ASIC) hardware, including hydro-cooled WhatsMiner equipment as an authorized distributor for MicroBT; high-performance computing and enterprise AI infrastructure hosting; proprietary liquid submersion and hydro-cooling technology deployments; and Web3 venture investments, decentralized finance solutions, and digital asset trading infrastructure. Phoenix Group serves institutional investors, enterprise cloud clients, and cryptocurrency ecosystem participants across the Middle East, North America, Europe, and the CIS region. In recent developments, Phoenix Group completed its landmark initial public offering (IPO) on the Abu Dhabi Securities Exchange under the ticker ADX:PHX, representing the first crypto mining and blockchain technology listing on a Middle Eastern securities exchange. The company has since accelerated its infrastructure expansion through multi-hundred-million-dollar ASIC hardware procurement agreements with MicroBT, established high-density green-energy data center partnerships in Oman and the United States, diversified its technological focus toward sovereign AI and high-performance computing capabilities, and deepened its ecosystem integration through a strategic investment and operational alliance with the regulated digital asset exchange M2.