Phoenix Group Accelerates Global Expansion with 80MW Ethiopian PPA, Significantly Boosting Bitcoin Mining Capacity
Abu Dhabi, United Arab Emirates, Jan. 22, 2025 (GLOBE NEWSWIRE) — Phoenix Group PLC (ADX:PHX), the UAE's multi-billion-dollar tech powerhouse, today announced a major strategic expansion into the burgeoning African market with the acquisition of an 80-megawatt (MW) power purchase agreement (PPA) in Ethiopia. This landmark deal, forged in partnership with Abu Dhabi-based cybersecurity firm […]