Crypto Miner Phoenix Group Says UAE Initial Share Sale Was 33-Times Oversubscribed

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Phoenix was looking to sell almost 18% of the company for a target raise of $368 million.

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Author / Journalist: Jamie Crawley

Category: Crypto

Markets: United States

Topics: Mining Share sale Abu Dhabi UAE IPOs Finance News United Arab Emirates

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2023-11-21 @ 11:28:20 (2 weeks ago)

News Timezone: GMT -5:00

News Source URL: coindesk.com

Language: English

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © CoinDesk

News ID: 17979658

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