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Phoenix Group (@phoenixgroupuae), the first Abu Dhabi-listed #Bitcoin# mining firm, has launched a $150 million digital asset treasury in Bitcoin (BTC) and Solana (SOL)—the first such treasury among ADX-listed companies.
The Bitcoin miner established long-term reserves holding 514 BTC and over 610,000 SOL, signaling a shift toward an institutional #crypto reserve strategy.
The move accompanies Q2 revenue of $29.1 million and reflects growing confidence in crypto as a financial asset.
#CryptoNews
They tell us delisting, we know better,we are not stupid😏 Delisting = steeling OUR MONEY