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BitcoinPhoenix Group Mines 350 Bitcoin in Q1, Bolsters North...
Bitcoin

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

Felicity Short
By Felicity Short

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