Summary of Phoenix Group’s 2025 Q1 Performance
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Q1 Revenue and Capacity Accumulation: Phoenix Group PLC reported Q1 2025 revenue of $31 million, driven by its self-mining operations, which both expanded its capacity in the U.S., Middle East, and globally. This achievement met the company’s goal to achieve 500 megawatts (MW) of global Bitcoin mining capacity. The Texas 20 MW site also came into operational compliance, further enhancing Phoenix Group’s North American capacity to 185 MW.
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冠基收益增长与 margins提升：Phoenix Group focused on improving mining efficiency, achieving a 17% improvement in mining efficiency to 25.4 joules per terahash (J/T) post-upgrades in the U.S. and Ethiopia. Despite the current administration affecting EBITDA during Q1, Phoenix sustainably project to rebound to an unrealized EBITDA of 24 million cross-cluster dollars by the end of Q3 2025, aiming to be ranked among the top five global Bitcoin miners by 2026.
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Joint Global revolutionary Expansion: The company’s leadership in mining prominent global markets, including the Middle East, suggested its strategic positioning in energy-efficient, cost-effective markets, with plans for future expansion towards AI-driven data centers. This leadership underscores Phoenix Group’s position as a leader in Bitcoin mining, aligning with the growing demand for energy-efficient solutions in the AI-committed sector.
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Comprehensive Capabilities and Leadership: With operations spanning the U.S., Middle East, Ethiopia, Canada, and Oman, Phoenix Group assures its resilience in navigating market fluctuations. The strategic locations and energy optimizations provide a strong foundation for meeting future demand. The company maintains a亿元-free balance sheet, ensuring growth is financed through liquidity reserves, reflecting a sustainable approach to growth.
- Efficient Resource Utilization: Initiatives to enhance mining efficiency in the U.S. and Ethiopia contribute to Phoenix Group’s sustainable operations. These trends collectively underscore the company’s ability to adapt to market volatility, showcasing its capability to innovate and scale beyond its initial global footprint.
