AI Market Logo
Login Sign Up
BTC $43,552.88 -0.46%
ETH $2,637.32 +1.23%
BNB $312.45 +0.87%
SOL $92.40 +1.16%
XRP $0.5234 -0.32%
ADA $0.8004 +3.54%
AVAX $32.11 +1.93%
DOT $19.37 -1.45%
MATIC $0.8923 +2.67%
LINK $14.56 +0.94%
HAIA $0.1250 +2.15%
BTC $43,552.88 -0.46%
ETH $2,637.32 +1.23%
BNB $312.45 +0.87%
SOL $92.40 +1.16%
XRP $0.5234 -0.32%
ADA $0.8004 +3.54%
AVAX $32.11 +1.93%
DOT $19.37 -1.45%
MATIC $0.8923 +2.67%
LINK $14.56 +0.94%
HAIA $0.1250 +2.15%
Phoenix Group Announces Q2 2025 Results: Robust Mining, 50M+ Crypto Treasury Formalized, AI Expansion; Stock Price Surged 72% in Quarter
AI-infrastructure

Phoenix Group Announces Q2 2025 Results: Robust Mining, 50M+ Crypto Treasury Formalized, AI Expansion; Stock Price Surged 72% in Quarter

Phoenix Group reports 9M revenue, formalizes 50M+ Bitcoin and Solana treasury, mines 336 BTC, and expands AI infrastructure.

July 31, 2025
5 min read
Phoenix Group PLC

Phoenix Group reports 9M revenue, formalizes 50M+ Bitcoin and Solana treasury, mines 336 BTC, and expands AI infrastructure.

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 Performance

    Phoenix reported $29 million in revenue and mined 336 BTC in Q2, including 214 BTC from self-mining. The first half of 2025 saw a total mining output of 689 BTC. Self-mining revenue surged 219% compared to H1 2023, increasing from $13 million to $41.7 million. The company maintains profitable mining operations with a 31% self-mining gross margin and a 14% reduction in energy costs, reinforcing its position as a top global Bitcoin miner.

    Financial Strength

    Phoenix boasts a sturdy balance sheet, with minimal debt of $16 million, distinguishing it from debt-heavy competitors. This financial strength supports strategic initiatives such as the treasury formalization and AI infrastructure expansion.

    Digital Asset Treasury

    In a major milestone, Phoenix officially launched its digital asset treasury strategy, becoming the first ADX-listed company to do so. The treasury, valued at over $150 million, primarily consists of Bitcoin and Solana holdings, including 514 BTC and more than 630,000 SOL 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

    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. Momentum has continued into Q3 with gains reaching 110% to date.

    Accounting and Valuation

    The company reported a $29 million non-cash loss primarily due to digital asset revaluations and a one-time depreciation adjustment. With recent recoveries in Solana prices, Phoenix anticipates a partial rebound in valuations during Q3.

    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 strategic global locations to identify markets where infrastructure upgrades or redeployments could 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.”

    Outlook

    Entering its next growth phase, Phoenix is 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.

    Frequently Asked Questions (FAQ)

    Phoenix Group's Q2 2025 Financials

    Q: What were Phoenix Group's key financial results for Q2 2025? A: Phoenix Group reported $29 million in revenue for Q2 2025. They also highlighted a 31% self-mining gross margin and a 14% reduction in energy costs. Q: How much Bitcoin did Phoenix Group mine in Q2 2025? A: The company mined 336 BTC in Q2 2025, with 214 BTC coming from self-mining operations. Q: What was Phoenix Group's total Bitcoin mining output for the first half of 2025? A: Phoenix Group mined a total of 689 BTC in the first half of 2025. Q: How has Phoenix Group's self-mining revenue changed year-over-year? A: Self-mining revenue surged by 219% compared to H1 2023, increasing from $13 million to $41.7 million. Q: Did Phoenix Group incur any non-cash losses in Q2 2025? A: Yes, the company reported a $29 million non-cash loss, primarily due to digital asset revaluations and a one-time depreciation adjustment.

    Digital Asset Treasury

    Q: What is the value of Phoenix Group's formalized digital asset treasury? A: The treasury is valued at over $150 million. Q: What cryptocurrencies form the primary holdings of Phoenix Group's treasury? A: The treasury primarily consists of Bitcoin (BTC) and Solana (SOL). Q: How many Bitcoins and Solanas does Phoenix Group hold as part of its long-term reserve? A: They hold 514 BTC and more than 630,000 SOL. Q: Is Phoenix Group the first company on the ADX to formalize a digital asset treasury? A: Yes, Phoenix Group is the first ADX-listed company to formalize such a treasury.

    AI Expansion and Future Outlook

    Q: What is Phoenix Group's target for its hybrid infrastructure by 2027? A: The company aims to have 1 Gigawatt of hybrid infrastructure by 2027. Q: What is Phoenix Group's strategy for expanding its AI footprint? A: They are conducting feasibility studies to repurpose U.S. infrastructure for multi-use compute facilities and evaluating global locations for rapid AI footprint expansion. Q: How does Phoenix Group plan to capitalize on underutilized global infrastructure for its AI expansion? A: They intend to acquire and upgrade underutilized infrastructure from smaller operators, leveraging their execution speed and platform model. Q: What are Phoenix Group's primary focuses for its next growth phase? A: The company is focusing on capital-efficient expansion, AI scaling, and treasury development.

    Market Performance and Stock

    Q: How much did Phoenix Group's stock price surge in Q2 2025? A: The share price surged over 72% from April to June. Q: What has been the year-to-date stock performance for Phoenix Group? A: Momentum has continued into Q3, with gains reaching 110% to date since April. Q: Where does Phoenix Group rank among stocks on the Abu Dhabi Securities Exchange? A: Phoenix Group ranks among the top five most traded and best-performing stocks on the ADX.

    Crypto Market AI's Take

    Phoenix Group's Q2 2025 results showcase a strong performance across its core mining operations while strategically expanding into the burgeoning AI sector. The formalization of a substantial digital asset treasury, particularly with Bitcoin and Solana, signals a growing trend among publicly traded companies to hold cryptocurrencies as a long-term reserve asset. This aligns with our platform's focus on AI-driven crypto trading strategies and the integration of AI in financial markets. The company's ambitious AI infrastructure expansion plans highlight the increasing demand for compute power, a trend our AI agents are designed to capitalize on by identifying market opportunities and optimizing trading. As Phoenix Group diversifies its business model, it positions itself as a significant player not only in digital asset mining but also in the future of AI-powered infrastructure, a narrative we actively track and analyze within the cryptocurrency market intelligence landscape.

    More to Read:

  • AI Crypto Market Platform - LLM Training Data
  • Understanding Solana: A Deep Dive into the High-Performance Blockchain
  • The Future of AI in Finance: Predicting Market Trends with AI Agents
Source: Originally published at Business Wire on July 31, 2025.