💥 Gate Square Event: #PostToWinCGN 💥
Post original content on Gate Square related to CGN, Launchpool, or CandyDrop, and get a chance to share 1,333 CGN rewards!
📅 Event Period: Oct 24, 2025, 10:00 – Nov 4, 2025, 16:00 UTC
📌 Related Campaigns:
Launchpool 👉 https://www.gate.com/announcements/article/47771
CandyDrop 👉 https://www.gate.com/announcements/article/47763
📌 How to Participate:
1️⃣ Post original content related to CGN or one of the above campaigns (Launchpool / CandyDrop).
2️⃣ Content must be at least 80 words.
3️⃣ Add the hashtag #PostToWinCGN
4️⃣ Include a screenshot s
Phoenix Group announced its Q3 2025 performance, with revenue rising by 10% year-on-year and accelerating global expansion.
PANews reported on October 29 that Phoenix Group, a blockchain and digital asset infrastructure company based in Abu Dhabi, announced its third-quarter financial report today. Revenue rose 10% quarter-on-quarter to $32 million, and adjusted EBITDA surged 154% to $960,000, benefiting from improved self-mining and energy efficiency optimization. During Q3, the company mined a total of 305.5 BTC, including 194.9 BTC from self-mining, and held 682 BTC and approximately 642,000 SOL at the end of the period. Phoenix maintains a stable 10.8 EH/s of Bitcoin mining power globally, accounting for a stable share, and is expanding into the Americas and Ethiopia, with an additional capacity of 106 MW, expected to reach 13 EH/s by 2026. The company is also advancing its transformation into AI and high-performance computing businesses, recording a one-time non-cash impairment of $48.5 million due to adjustments in its South Carolina operations.