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Phoenix Group PLC

Est. 2017
Visit Phoenix Group PLC
Mining
Last verified Jul 07, 2026
Founded
2017
src: company records
Company Type
Public
src: 21Rates
Ticker
ADX:PHX
src: 21Rates

About Phoenix Group PLC

Phoenix Group PLC is a UAE-based digital-asset infrastructure company co‑founded by Munaf Ali and headquartered in Abu Dhabi, focused on building and operating infrastructure for Bitcoin, AI and high‑performance compute across multiple regions.

The firm develops and operates large‑scale Bitcoin mining farms, data centres and hosting services (including cloud‑mining and compute hosting) across the UAE, US, Canada, Ethiopia, Europe and the Middle East, and maintains a corporate Bitcoin treasury (reported at ~514 BTC as of Dec 31, 2024).

Senior leadership includes co‑founder & Group CEO Munaf Ali; H.E. Tareq Abdulraheem Al Hosani (Chairman); Farah Zafar (Managing Director & Group Chief Legal Officer); Sheharyar Malhi (Group CFO); Reza Nedjatian (CEO, Phoenix Mining, AI & Data Centers); Alireza Ardebili (CTO, Phoenix Mining); and Lucien Harrington (CMO).

Leadership

Bijan Eghbal
Munaf Ali
Chief Executive Officer
in ↗
Sheharyar Malhi
Chief Financial Officer
in ↗
Omar Maursy
Chief Operating Officer
in ↗

Recent Reviews

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Company Details

Year formed2017
Founded inAbu Dhabi, UAE

Data Provenance

Facts verified by 21Rates research · Jul 07, 2026
1 sources cited on this page
21rates.com/companies/phoenix-group-plc · structured data: Organization · Person ×4

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