Phoenix Group, an Abu Dhabi-based cryptocurrency miner, announced a 236% year-on-year revenue growth in fiscal 2024, with mining revenue reaching $107 million, a significant increase from $32 million in 2023 and $5.40 million in 2022, and an increase of 1,852% in two years. Phoenix Group's total revenue reached $206 million, net profit was $167 million, and consolidated income was $219 million.