Crypto Miner Phoenix Group Purchases $187 Million in Bitcoin Mining Machines from Bitmain
On January 10th, it was reported that the cryptocurrency mining company Phoenix Group, based in the United Arab Emirates, purchased Bitcoin mining machines from Bitmain worth $187 million. Previously, in December 2023, Phoenix Group completed a $371 million IPO on the Abu Dhabi Securities Exchange (ADX) and signed a $380 million mining machine procurement contract with mining machine manufacturer Whatsminer.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Bitget TradFi: Trade gold, forex, and more assets in one account
CandyBomb x US: Trade to share 5,400,000 US
[Initial Listing] Bitget to list Almanak (ALMANAK). Grab a share of 4,200,000 ALMANAK
[Initial listing] Bitget to list Cysic (CYS) in the Innovation zone
Trending news
MoreCrypto prices
More
