Phoenix Group PLC
PHX🇦🇪Reserve
UAE-based cryptocurrency mining and blockchain technology company listed on Abu Dhabi Securities Exchange, operating 500MW+ data center capacity across the UAE, Oman, US, Canada, and Ethiopia. Accumulates BTC through mining operations, formalizing $150M+ digital asset treasury in Q2 2025.
BTC Holdings
678 BTC
180d
Stock Price
—
Total financing
144.04M AED
180d
mNAV
—
Insufficient history
Leverage
73.0%
180d
BTC Risk
4.84%1.4x
Sats/Share
11
180d
Shares
6.05B
Fiat reserve
10.56M AED
Total reserve
193.48M AED
Dilution
0.0%
BTC mix
0%
Analytics
BTC Coverage
FinancialsUnverified
IFRSQuarterlyAs of 2026-03-31
Balance Sheet
Total Assets$608.7M
Total Liabilities$56.3M
Stockholders' Equity$552.3M
Cash & Equivalents$10.6M
Total Debt$39.2M
Digital Assets$228.1M
Income Statement
Revenue$23.3M
Operating Income$-12.3M
Net Income$-81M
Interest Expense$316K
Cash Flow
Operating Cash Flow$11.3M
Instruments
| Instrument | Term | Coupon | Principal | Outstanding | BTC Rating |
|---|---|---|---|---|---|
| PHX-Oct36 | … – Oct '36 | — | 4.08M USD | 3.28M USD | >10x |
| PHX-Bnce | — | — | 35.94M USD | 35.94M USD | 1.4x |
| Total | 144.04M AED | ||||
Recent Changes
Tue, Mar 31, 2026
BTC Holdings
641→678+37 BTC(+5.8%)
619 BTC pledged to Binance as margin-loan collateral
Interim Report Q1 2026Debt OutstandingRepaymentPHX-Oct36
3.3M→3.3M-59.0K(-1.8%)
Interim Report Q1 2026
Debt OutstandingRepaymentPHX-Bybit
22.4M→0-22.4M(-100.0%)
Interim Report Q1 2026
Debt OutstandingDrawPHX-Bnce
35.9M
Interim Report Q1 2026
Fiat Reserve
5.4M→10.6M+5.2M(+95.6%)USD
Interim Report Q1 2026
Wed, Dec 31, 2025
BTC Holdings
682→641-41 BTC(-6.0%)
Q4 & FY 2025 Results: 641 BTC Treasury, Infrastructure Expansion
Debt OutstandingIssuancePHX-Oct36
3.3M
Annual Report 2025
Debt OutstandingDrawPHX-Bybit
22.4M
Annual Report 2025
Fiat Reserve
20.3M→5.4M-14.9M(-73.4%)USD
Financial Data (StockAnalysis)