Phoenix Group, a blockchain and digital asset infrastructure firm based in Abu Dhabi, announced a 10% year-over-year revenue increase to $32 million for Q3 2025. The company's adjusted EBITDA rose 154% to $960,000, driven by enhanced mining operations and energy efficiency. Phoenix mined 305.5 BTC during the quarter, with 194.9 BTC self-mined, and held 682 BTC and 642,000 SOL by the period's end. The company maintains a 10.8 EH/s share in the global Bitcoin hashrate and is expanding into the Americas and Ethiopia, adding 106 MW of capacity. This expansion is expected to boost its hashrate to 13 EH/s by 2026. Additionally, Phoenix is advancing its AI and high-performance computing transformation, despite a $48.5 million non-cash impairment related to its South Carolina operations.