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Mining Cointelegraph

Bitcoin miner Phoenix Group launches $150M crypto treasury for BTC, SOL

Phoenix Group launched a $150 million crypto treasury with Bitcoin and Solana, becoming the first Abu Dhabi Securities Exchange-listed company to hold digital assets on its balance sheet.

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Older archive item. Useful for background and entity history, but not a fresh market-moving signal.

Bitcoin miner Phoenix Group launches $150M crypto treasury for BTC, SOL

Phoenix Group launched a $150 million crypto treasury with Bitcoin and Solana, becoming the first Abu Dhabi Securities Exchange-listed company to hold digital assets on its balance sheet.

Why this matters

This mining story adds another data point to the current market tape and is useful when read alongside nearby source coverage.

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Read on Cointelegraph

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