Articles from Phoenix Group PLC

Abu Dhabi's Phoenix Group Partners with DC Max to Unlock $8 Billion European AI Data Center Opportunity, with Lyon, France as First Deployment
Phoenix Group PLC (ADX: PHX), an IHC portfolio company and global digital infrastructure operator, today announced a strategic partnership with DC Max to develop its first European AI data center, an 18MW facility in Lyon, France.
By Phoenix Group PLC · Via Business Wire · May 13, 2026
Phoenix Group Launches 30MW Hydropower Mining Operation in Ethiopia; H.C. Wainwright Reaffirms Buy Rating and AED 3.00 Price Target
Phoenix Group PLC (ADX: PHX), an IHC portfolio company and a global leader in digital asset infrastructure, in partnership with Ethiopian Electric Power, Ethiopia’s state-owned electric power producer, today announced the 30MW hydropower-backed mining facility at Bole Lemi Industrial Park in Addis Ababa, Ethiopia.
By Phoenix Group PLC · Via Business Wire · November 6, 2025
Phoenix Group Delivers Strong Q3 Results with Rising Revenue and Ongoing Expansion across Key Markets
An IHC portfolio company and a global leader in blockchain and digital asset infrastructure, today announced its Q3 2025 results, highlighting revenue growth, improved efficiency, and accelerated progress on its global expansion and AI transition.
By Phoenix Group PLC · Via Business Wire · October 29, 2025
US Investment Bank H.C. Wainwright Reiterates Buy Rating on IHC Portfolio Company, Phoenix Group, with AED 3.00 Target
Phoenix Group PLC (ADX: PHX), an IHC portfolio company and a global leader in blockchain and digital asset infrastructure, has been featured in a new research report from H.C. Wainwright & Co.
By Phoenix Group PLC · Via Business Wire · August 7, 2025
Phoenix Group Announces Q2 2025 Results: Robust Mining, $150M+ Crypto Treasury Formalized, AI Expansion; Stock Price Surged 72% in Quarter
Phoenix Group PLC (ADX: PHX), a pioneering global cryptocurrency, blockchain, and digital asset infrastructure company, today announced its Q2 2025 results, including formalizing a digital asset treasury valued at over $150 million.
By Phoenix Group PLC · Via Business Wire · July 31, 2025
Phoenix Group Adds 52 Megawatts of Bitcoin Mining Capacity in Ethiopia, Increasing Total Global Operational Capacity to Over 500 Megawatts
Phoenix Group PLC (ADX:PHX), a pioneering global cryptocurrency, blockchain, and next-generation digital asset infrastructure company, has secured an additional 52 MW of mining capacity in Ethiopia. This expansion increases the Company’s total operational capacity in the country to 132 MW and raises its global capacity to over 500 MW across five countries, reinforcing Phoenix Group’s position as one of the world’s top 10 Bitcoin miners.
By Phoenix Group PLC · Via Business Wire · April 29, 2025
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