Phoenix Group Plc, together with its subsidiaries, provides crypto and cloud mining services in the United Arab Emirates, Oman, CIS, Canada, the United States, and internationally. The company engages in digital currency and bitcoin mining; cloud hosting; data center hosting; crypto trading; electronic currency design and programming; development, operation, management, maintenance, and leasing of data centers; and operation and maintenance of data center equipment. It also provides M2, a digital asset trading platform; cloud services; insurance; internet and multimedia consultancy; and software service solutions. In addition, the company trades in computing machines, computer and peripheral equipment, computer outfits, computer systems and software, data processing, telecommunication equipment, and spare parts; leases robots and smart machines; and invests into commercial enterprises related to cloud mining. Further, it distributes MicroBT crypto mining equipment, digital wallet ledgers, and CoolWallets. Phoenix Group Plc was founded in 2017 and is headquartered in Dubai, the United Arab Emirates.
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Over the last 7 days, the market has risen 1.2%, driven by gains in the Energy and Financials sectors of 3.9% and 1.8%, respectively. On the other hand, with a decline of 4.7%, the Consumer Staples sector is lagging behind. In the last year, the market has climbed 13%. Looking forward, earnings are forecast to grow by 6.6% annually. Market details ›