Phoenix Group PLC (ADX: PHX), a pioneering worldwide cryptocurrency, blockchain, and digital asset infrastructure agency, proper this second launched its Q2 2025 outcomes, along with formalizing a digital asset treasury valued at over $150 million.
Q2 2025 Highlights:
- Strategic Treasury Launch: First ADX-listed agency to formalize a $150M+ treasury in Bitcoin and Solana.
- Operational Excellence: $29 million revenue; mined 336 BTC in Q2 with 31% self-mining gross margin and 14% vitality worth low cost.
- Market Effectivity: Share price surged over 72% from April to June, with momentum persevering with for 110% useful properties from April thus far.
- Future Growth Acceleration: Rising AI vertical in the direction of 1 Gigawatt hybrid infrastructure by 2027.
Operationally, the company reported $29 million in revenue and mined 336 BTC in Q2, along with 214 BTC from self-mining. H1 2025 mining totalled 689 BTC. Self-mining revenue surged 219% from H1 2023 ($13M to $41.7M). Phoenix continues mining profitably with a 31% self-mining gross margin and 14% vitality worth low cost, solidifying its effectivity as a main worldwide Bitcoin miner.
A sturdy steadiness sheet helps the company’s market effectivity. Not like debt-heavy rivals, Phoenix is sort of debt-free at $16 million, enabling pursuits like its treasury and AI enlargement.
In a critical milestone, Phoenix launched the official rollout of its digital asset treasury method, making it the first ADX-listed agency to take motion. The Group’s energetic treasury, valued at over $150 million, primarily consists of Bitcoin and Solana, with 514 BTC and larger than 630,000 SOL held as part of its long-term reserve.
“Phoenix has always been larger than solely a mining agency. We’re a conviction-led digital infrastructure group,” acknowledged Munaf Ali, CEO and Co-Founding father of Phoenix Group. “Holding Bitcoin and totally different strategic digital property isn’t practically publicity. It’s about alignment. We take into account inside the long-term price these networks symbolize, and our treasury method shows that notion”.
Furthermore, the quarter observed Phoenix’s share price rise over 72% from April to June, score among the many many prime 5 most traded and best-performing shares on the Abu Dhabi Securities Alternate. Momentum continues in Q3 with 110% useful properties thus far.
The company reported a $29 million non-cash loss, primarily from digital asset revaluations and a one-time depreciation adjustment. With Solana price recoveries, Phoenix anticipates partial rebound in Q3 valuations.
Phoenix is accelerating the buildout of its AI vertical. A feasibility look at is underway to repurpose part of its U.S. infrastructure proper right into a multi-use compute facility. In parallel, the Agency is actively evaluating quite a few strategic locations globally to determine markets the place infrastructure upgrades or redeployments might shortly broaden its AI footprint.
“We’re developing in the direction of 1 gigawatt of hybrid infrastructure by 2027, and we see a clear path to get there,” added Ali. “As we switch forward, we see strategic alternate options to consolidate underutilized infrastructure globally. Many smaller operators are caught with land and power they’ll’t convert into important compute. Phoenix’s execution tempo and platform model give us a particular edge to build up and enhance these property for AI ahead of the broader market”.
Phoenix is entering into its subsequent growth half, specializing in capital-efficient enlargement, AI scaling, and treasury progress whereas foremost as an important MENA Bitcoin miner and worldwide participant.
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