Shares of the United Arab Emirates-based Bitcoin (BTC) mining company Phoenix Group Plc, which attracted great interest, were released to the market.
Demanded more than 33 times during the public offering phase and 371 million dollars Shares of Phoenix Group Plc, which raised an investment on December 5th was launched.
Incoming request value to 12 billion dollars On the listing day of the public offering 50% rise was seen. Investors who cannot get the amount they want due to high demand, 5 December With the launch of the shares on the day, it created a strong buying pressure. IPO price $0.41 shares in a short time 50% rising for $0.61 reached.
Phoenix Group PLC Co-Founder and Group CEO Bijan Alizadehfard He said the following in his statement before the public offering:
We are excited to unveil our ambitious vision for the future as we approach our IPO. We are ready to redefine the technology world, which we base on four pillars: innovation in Bitcoin mining, renewable energy initiatives, advanced production capabilities and strategic acquisitions. This IPO is more than a success; It is a launch pad for Phoenix Group’s global ambitions.
Especially United Arab Emirates In recent years, it has increased its interest in the cryptocurrency sector and invited companies from various parts of the world to the country and encouraged them to work in this field.