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Phoenix Group Mines 350 Bitcoin in Q1, Bolsters North American Operations With Texas Facility

By WebDeskMay 7, 20251 Min Read
Phoenix Group Mines 350 Bitcoin in Q1, Bolsters North American Operations With Texas Facility
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This week, Phoenix Group PLC reported $31 million in Q1 2025 revenue alongside progress toward 500 megawatts (MW) of global bitcoin mining capacity, including a newly operational 20 MW facility in Texas. Phoenix Group Targets Top 5 Bitcoin Mining Spot by 2026 Phoenix Group, an Abu Dhabi-based cryptocurrency mining firm, announced consolidated Q1 revenue of […]
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