Phoenix Group, an Abu Dhabi-based cryptocurrency miner, announced a 236% year-on-year revenue growth in fiscal 2024, with mining revenue reaching $107 million, a significant increase from $32 million in 2023 and $5.40 million in 2022, and an increase of 1,852% in two years.
Phoenix Group's total revenue reached $206 million, net profit was $167 million, and consolidated income was $219 million.
Bitcoin miner Phoenix Group 2024 revenue up 236% to $107 million
2025-02-13 05:38:52
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