Phoenix Group

Phoenix Group (United Arab Emirates)

Phoenix Group is a UAE-headquartered technology and investment conglomerate focused on Bitcoin mining and broader digital asset infrastructure, with an emphasis on expanding into AI / high‑performance computing (HPC)-adjacent infrastructure. (phoenixgroupuae.com)

Background

• The group traces its establishment to 2017 and subsequently became publicly listed on the Abu Dhabi Securities Exchange (ADX) (ticker commonly reported as PHX), with the ADX listing widely reported as occurring on 4 December 2023. (manhom.com)
• Phoenix Group’s own materials describe a mission centered on building and operating trusted infrastructure for Bitcoin, AI, and high‑performance compute. (phoenixgroupuae.com)

Activities and business scope

Public descriptions of Phoenix Group’s activities commonly include:

• Bitcoin mining operations across multiple countries (Phoenix states it operates across the USA, Canada, Ethiopia, Oman, and the UAE, and describes itself as a top‑ten global Bitcoin miner). (phoenixgroupuae.com)
• Mining/hosting and related infrastructure, including large-scale capacity figures (Phoenix states a “500+ MW” mining operation and references a major Abu Dhabi mining-farm project). (phoenixgroupuae.com)
• Venture and ecosystem activity, including consumer-facing or Web3-adjacent products; for example, Phoenix’s “Ventures” section includes Lyvely, described as a “SocialFi” creator monetization platform. (phoenixgroupuae.com)

Leadership and governance (as presented by Phoenix Group)

Phoenix Group’s website lists board and leadership profiles, including:

• H.E. Tareq Abdulraheem Al Hosani (Chairman of the Board) (phoenixgroupuae.com)
• Munaf Ali (Board Member, Co-founder & Group CEO) (phoenixgroupuae.com)

Offices / contact (as published by Phoenix Group)

Phoenix Group lists offices in Abu Dhabi and Dubai. (phoenixgroupuae.com)

Online presence (the accounts you referenced)

The following are presented publicly as Phoenix Group’s official web/social presence:

text Website: https://phoenixgroupuae.com/ X (Twitter): https://x.com/phoenixgroupuae

The X profile for @phoenixgroupuae describes the organization as “Leaders in Bitcoin mining & digital asset infrastructure,” and links to the same official website domain. (twitter.com)

Distinction from similarly named entities

A separate X account, @PhoenixGroupPLC, appears to relate to a different “Phoenix Group” (with a UK-related web presence) and should not be conflated with the UAE-based Phoenix Group described above. (x.com)