Hey kids! Did you hear about Phoenix Group? They make money by mining Bitcoin, a type of digital money. They had a super successful year in 2024! Let's learn more.
- Phoenix Group made a whopping $107 million from mining Bitcoin in 2024!
- That's way more than the $32 million they made in 2023.
- They opened new Bitcoin mining places in North Dakota and South Carolina.
- They're planning to be on the Nasdaq stock market soon!
| Year | Bitcoin Mining Revenue (in millions of dollars) |
|---|---|
| 2022 | 5.4 |
| 2023 | 32 |
| 2024 | 107 |
Pretty amazing growth, right? Bitcoin mining is like solving really hard math problems to get Bitcoin. Phoenix Group is getting bigger and bigger!
