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.

Q2 2025 Highlights

• Strategic Treasury Launch: First ADX-listed company 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% energy cost reduction.
• Market Performance: Share price surged over 72% from April to June, with momentum continuing for 110% gains from April to date.
• Future Growth Acceleration: Expanding AI vertical toward 1 Gigawatt hybrid infrastructure by 2027.

Operational and Financial Performance

Phoenix Group reported $29 million in revenue and mined 336 BTC in Q2 2025, including 214 BTC from self-mining. The total mining output for the first half of 2025 reached 689 BTC. Self-mining revenue surged 219% compared to H1 2023, increasing from $13 million to $41.7 million. The company continues to mine profitably, maintaining a 31% self-mining gross margin and achieving a 14% reduction in energy costs. This solidifies Phoenix’s position as one of the most efficient Bitcoin miners globally. A strong balance sheet underpins the company’s market performance. Unlike many debt-heavy competitors, Phoenix is nearly debt-free with only $16 million in liabilities, enabling strategic initiatives such as its treasury formalization and AI expansion.

Digital Asset Treasury Milestone

In a significant development, Phoenix officially rolled out its digital asset treasury strategy, becoming the first ADX-listed company to do so. The Group’s active treasury is valued at over $150 million and primarily consists of Bitcoin and Solana holdings, with 514 BTC and more than 630,000 SOL held as part of its long-term reserve.

“Phoenix has always been more than just a mining company. We’re a conviction-led digital infrastructure group,” said Munaf Ali, CEO and Co-Founder of Phoenix Group. “Holding Bitcoin and other strategic digital assets isn’t just about exposure. It’s about alignment. We believe in the long-term value these networks represent, and our treasury strategy reflects that belief.”

Market Performance and Stock Momentum

During Q2 2025, Phoenix’s share price surged over 72% from April to June, ranking among the top five most traded and best-performing stocks on the Abu Dhabi Securities Exchange (ADX). This momentum has continued into Q3, with gains reaching 110% to date. The company reported a $29 million non-cash loss primarily due to digital asset revaluations and a one-time depreciation adjustment. However, with recent recoveries in Solana prices, Phoenix anticipates a partial rebound in Q3 valuations.

AI Infrastructure Expansion

Phoenix is accelerating the development of its AI vertical. A feasibility study is underway to repurpose part of its U.S. infrastructure into a multi-use compute facility. Concurrently, the company is evaluating several strategic global locations to identify markets where infrastructure upgrades or redeployments can rapidly expand its AI footprint.

“We are building toward 1 gigawatt of hybrid infrastructure by 2027, and we see a clear path to get there,” added Ali. “As we move forward, we see strategic opportunities to consolidate underutilized infrastructure globally. Many smaller operators are stuck with land and power they can’t convert into meaningful compute. Phoenix’s execution speed and platform model give us a distinct edge to acquire and upgrade these assets for AI ahead of the broader market.”

Looking Ahead

Phoenix is entering its next growth phase, focusing on capital-efficient expansion, AI scaling, and treasury development, while maintaining its leadership as the largest Bitcoin miner in the MENA region and a significant global player.

About Phoenix Group

Phoenix Group is an ADX-listed multi-billion-dollar infrastructure leader headquartered in Abu Dhabi, UAE. As a top-10 Bitcoin miner globally, it operates over 500 megawatts of capacity across the UAE, U.S., Canada, Oman, and Ethiopia, running the largest mining farm in the MENA region.

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Source: Originally published at Business Wire on July 31, 2025.

Frequently Asked Questions (FAQ)

Phoenix Group's Financials and Operations

Q: What were Phoenix Group's key financial highlights in Q2 2025? A: In Q2 2025, Phoenix Group reported $29 million in revenue, mined 336 BTC, and maintained a 31% self-mining gross margin with a 14% reduction in energy costs. Q: How much Bitcoin did Phoenix Group mine in Q2 2025? A: Phoenix Group mined 336 BTC in Q2 2025, with 214 BTC coming from their self-mining operations. Q: What is Phoenix Group's energy cost reduction strategy? A: Phoenix Group achieved a 14% reduction in energy costs during Q2 2025, contributing to their operational efficiency. Q: How does Phoenix Group's balance sheet compare to its competitors? A: Phoenix Group is nearly debt-free with only $16 million in liabilities, which contrasts with many debt-heavy competitors and enables strategic initiatives.

Digital Asset Treasury

Q: What is the value of Phoenix Group's formalized digital asset treasury? A: The formalized digital asset treasury is valued at over $150 million. Q: What digital assets does Phoenix Group's treasury primarily consist of? A: The treasury primarily consists of Bitcoin and Solana holdings, with 514 BTC and over 630,000 SOL. Q: What is the significance of Phoenix Group formalizing a digital asset treasury? A: This makes Phoenix Group the first ADX-listed company to formalize such a treasury, demonstrating a conviction in the long-term value of these digital assets.

Market Performance and AI Expansion

Q: How did Phoenix Group's stock perform in Q2 2025? A: Phoenix Group's share price surged over 72% from April to June, and continued its momentum with 110% gains from April to date. Q: What is Phoenix Group's strategy for its AI vertical? A: Phoenix Group is expanding its AI vertical with the goal of developing 1 Gigawatt of hybrid infrastructure by 2027, including repurposing U.S. infrastructure into a multi-use compute facility and evaluating global locations for expansion. Q: When does Phoenix Group aim to achieve 1 Gigawatt of hybrid infrastructure? A: The company aims to achieve this by 2027.

Crypto Market AI's Take

Phoenix Group's Q2 2025 results showcase a strong operational performance and a forward-thinking strategy that aligns with current industry trends. The formalization of a substantial digital asset treasury, primarily in Bitcoin and Solana, highlights a growing trend of traditional companies embracing cryptocurrencies as strategic reserves. This move positions them as a leader in the digital asset space among ADX-listed companies. Furthermore, their aggressive expansion into AI infrastructure, targeting 1 Gigawatt by 2027, demonstrates a commitment to diversifying their business model and capitalizing on the burgeoning AI sector. This dual focus on robust crypto operations and AI development suggests a comprehensive approach to future growth. For businesses looking to navigate the complexities of the cryptocurrency market, understanding AI's role in market analysis and trading is becoming increasingly crucial. Our platform offers insights and tools that can help in such endeavors, including AI-driven crypto trading strategies and an in-depth look at the evolving crypto market and its intelligence.

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