- Topic
21k Popularity
13k Popularity
101k Popularity
3k Popularity
8k Popularity
- Pin
- 📢 Exclusive on Gate Square — #PROVE Creative Contest# is Now Live!
CandyDrop × Succinct (PROVE) — Trade to share 200,000 PROVE 👉 https://www.gate.com/announcements/article/46469
Futures Lucky Draw Challenge: Guaranteed 1 PROVE Airdrop per User 👉 https://www.gate.com/announcements/article/46491
🎁 Endless creativity · Rewards keep coming — Post to share 300 PROVE!
📅 Event PeriodAugust 12, 2025, 04:00 – August 17, 2025, 16:00 UTC
📌 How to Participate
1.Publish original content on Gate Square related to PROVE or the above activities (minimum 100 words; any format: analysis, tutorial, creativ - 💙 Gate Square #Gate Blue Challenge# 💙
Show your limitless creativity with Gate Blue!
📅 Event Period
August 11 – 20, 2025
🎯 How to Participate
1. Post your original creation (image / video / hand-drawn art / digital work, etc.) on Gate Square, incorporating Gate’s brand blue or the Gate logo.
2. Include the hashtag #Gate Blue Challenge# in your post title or content.
3. Add a short blessing or message for Gate in your content (e.g., “Wishing Gate Exchange continued success — may the blue shine forever!”).
4. Submissions must be original and comply with community guidelines. Plagiarism or re - 🎉 The #CandyDrop Futures Challenge# is live — join now to share a 6 BTC prize pool!
📢 Post your futures trading experience on Gate Square with the event hashtag — $25 × 20 rewards are waiting!
🎁 $500 in futures trial vouchers up for grabs — 20 standout posts will win!
📅 Event Period: August 1, 2025, 15:00 – August 15, 2025, 19:00 (UTC+8)
👉 Event Link: https://www.gate.com/candy-drop/detail/BTC-98
Dare to trade. Dare to win.
Phoenix Group launches a $150 million cryptocurrency vault for BTC, SOL
Phoenix Group, a Bitcoin mining company listed in Abu Dhabi, has established a cryptocurrency reserve fund worth 150 million USD, consisting of 514 BTC and 630,000 SOL, becoming the first company on the ADX exchange to implement a digital asset strategy. CEO Munaf Ali stated that holding these assets demonstrates a long term belief in the value of the blockchain network.
In Q2/2025, Phoenix Group reported a revenue of 29 million USD, mining 336 BTC, of which 214 BTC came from self-mining activities. Although down from the previous quarter, self-mining revenue increased by 219% over two years, reaching 41.7 million USD with a profit margin of 31%. The company also reported a non-cash loss of 29 million USD and expects asset values to recover in Q3 thanks to the upward momentum of Solana.
Phoenix is currently one of the five most actively traded stocks on the ADX exchange.