Bitcoin News Today: Phoenix Group Allocates $150M to BTC and SOL Treasury

Phoenix Group, an Abu Dhabi Securities Exchange (ADX)-listed Bitcoin miner, has announced the creation of a $150 million digital asset treasury, allocated to Bitcoin (BTC) and Solana (SOL). This marks the first instance of an ADX-listed company implementing a corporate cryptocurrency reserve, signaling a growing institutional interest in digital assets as part of corporate treasury strategies [1]. The move was formally highlighted in Q2 2025 corporate communications and has since drawn attention from both crypto and traditional finance sectors [2].

The decision reflects Phoenix Group’s strategic alignment with blockchain technology and its belief in the long-term value proposition of digital assets. CEO Munaf Ali emphasized that the allocation is intended to enhance the firm’s presence in the crypto market and aligns with evolving global trends in institutional crypto adoption [3]. The allocation to BTC and SOL underscores a broader shift toward high-liquidity digital assets, particularly as more firms explore diversifying reserves in response to macroeconomic uncertainties [4].

Industry analysts suggest that Phoenix Group’s initiative could influence market dynamics by reinforcing demand for BTC and SOL, especially given the limited supply and increasing adoption among institutional investors [5]. The move also aligns with trends previously seen with companies like MicroStrategy, where similar corporate treasury strategies led to short-term price appreciation in the underlying assets [6]. As corporate confidence in crypto continues to rise, the Phoenix Group’s approach may encourage further institutional participation and regulatory clarity in the sector.

While the exact allocation split between Bitcoin and Solana remains undisclosed, the strategic allocation of such a significant amount reinforces the growing legitimacy of digital assets in formal financial frameworks. The move positions Phoenix Group as a pioneer in corporate crypto treasury management, potentially setting a precedent for other firms to follow in the post-2024 market environment [7].

Source:

[1] title1.............................(https://cointelegraph.com/news/phoenix-group-150m-crypto-treasury-bitcoin-solana-adx)

[2] title2.............................(https://mx.advfn.com/bolsa-de-valores/COIN/BTCUSD/crypto-news/96532021/bitcoin-miner-phoenix-group-launches-150m-crypto)

[3] title3.............................(https://www.coingecko.com/en/coins/solana/bmd)

[4] title4.............................(https://mx.advfn.com/bolsa-de-valores/COIN/BTCUSD/crypto-news/96532022/coindcx-employee-arrested-in-connection-with-44m)

[5] title5.............................(https://www.coingecko.com/en/coins/bitcoin/usd)

[6] title6.............................(https://www.google.com/finance/quote/BTC-EUR?hl=es)

[7] title7.............................(https://coinmarketcap.com/community/articles/688b4347662d5e6802830f0d/)