Phoenix Group secures $380m contract with Whatsminer post-ADX listing
Following its listing on the Abu Dhabi Securities Exchange (ADX), Middle Eastern Bitcoin mining company Phoenix Group has announced a new deal with Whats miner , the second largest Bitcoin mining machine manufacturer. The contract , surpassing $380 million, stands as Whats miner ’s most substantial order in the last two years, underscoring Phoenix Group’s commanding presence in the Middle East’s burgeoning tech and blockchain landscape. A dynamic landscape The agreement is said to involve the immediate delivery of mining equipment valued at $136 million, coupled with an additional option worth $246 million. The deal indicates Phoenix Group’s dedication to upholding its market leadership in the dynamic landscape of Bitcoin mining, especially during a period of significant excitement and growth within the industry. As an existing partner and exclusive distributor of WhatsMiner, Phoenix Group is further advancing its position by collaborating with WhatsMiner t...