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Interesting take here. Again not directly related to TCRI but I like that one point. ? Position UAE as advanced data center leader
NO DOUBT - H.H. Shaikh Tahnoon is the man of the year! 🇦🇪
He is propelling UAE to the forefront of the global AI race.
In just few weeks, he:
? Invested $1.4 trillion in AI projects in the US
? Joined $30 billion AI partnership with xAI, NVIDIA
? Set up MGX AI fund with BlackRock and Microsoft
? Position UAE as advanced data center leader
? Led M42 effort to ~ 1 million genomes mapping
? Engaged with global tech leaders
Make no mistake: the UAE is ALREADY a global leader in AI
True. Sheikh Tahnoon bin Zayed Al Nahyan, the UAE's National Security Advisor and chairman of International Holding Company (IHC, 240 billion market cap), controls a significant portion of the company through his business empire, with Royal Group holding the majority stake. Abu Dhabi's International Holding Company (IHC) acquired a 10% stake in the cryptocurrency firm Phoenix Group through its subsidiary, International Tech Group, according to a disclosure on the Abu Dhabi Securities Exchange (ADX).
Not directly related to TCRI but very interesting nonetheless. The relationship is getting stronger and stronger. https://www.foxnews.com/politics/white-house-thanks-uae-agreeing-10-year-1-4-trillion-investment-framework
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Yep, same guy who owns >87% of the outstanding shares of this TCRI shell. https://www.otcmarkets.com/filing/html?id=15126834&guid=93B-kaxCCowfJth
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Another 38k bought at .165 with no rational way to sell. fwiw
Manuf Ali’ post on LinkendIn today.
Last week’s Cantor Global Technology Conference in New York was a pivotal moment for Phoenix Group—not just as participants but as pioneers. As the first digital asset company from the MENA region to engage on this global stage, we immersed ourselves in transformative conversations shaping the future of technology and finance. Here’s what stood out:
The shift toward institutional adoption of crypto is undeniable. Traditional financial giants are now integrating digital assets into portfolios, driven by clearer regulations and maturing infrastructure. Michael Saylor’s insights on Bitcoin as a “digital gold” resonated deeply, reinforcing our conviction in this sector’s long-term growth potential.
The close relationship between Bitcoin mining and AI/data centers has become a hot topic. Both require immense computational power and energy, sparking debates on optimizing infrastructure and sustainability. At Phoenix, our expertise in large-scale digital infrastructure positions us to lead in co-location strategies and energy-efficient solutions.
I also had the pleasure of attending a private dinner hosted by Brandon Lutnick, the new chairman of Cantor Fitzgerald, alongside industry leaders like Mike Novogratz from Galaxy Digital and the Winklevoss twins from Gemini. I also had the privilege of participating in sessions and panels with Riot, Terrawulf, and Cleanspark, which further validated our roadmap and suggested that the future will see increased demand for our energy, experience, and expertise.
We are expanding in North America, as evidenced by the recent energization of our 50MW facility in North Dakota. We plan for further expansion, as well as a potential overseas listing to deepen our global footprint. The conference emphasized that our MENA-rooted vision has universal relevance—bridging markets, technologies, and opportunities.
A heartfelt thank you to Cantor and all partners, peers, and innovators who shared their perspectives. The road ahead is charged with potential, and Phoenix Group is ready to lead with agility, collaboration, and sustainable ambition.
Let’s connect, collaborate, and catalyze the next wave of digital transformation.
I totally agree with your assessment.
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Correct. It’s a very high reward vs risk at this point. Looks promising but nothing is concrete and they may not use the shell. The ADX listing is only about 18% of the company no matter the amount of shares. And this would be some sort of reverser merger instead of an IPO. With all the growth ahead and the fact they already feel undervalued I don’t see any dilution dump on any parts of the organization they may transfer in here. Some big investors may buy in but they would be going long and wouldn’t want dilution dump either. Big investors would actually add value with the shares they purchase so that isn’t really a concern of mine if this ends up being used. Imo that’s why they are over showing and discussing what they can do in the mining, datacenter, and digital infrastructure sectors. The timing and policy shift seems to be the reason they are even willing to give up any control of ownership for the focused expansion into the US markets.
Nobody knows, we still don't know what/if they are going to use tcri for anything. Also, we don't know if they are planning on a full dual listing of the Phoenix company or just some assets. It could be an affiliated entity with potentially a different share structure or it could be the company with the same structure, no clue at this point.
Yes, Pheonix Group can justify that, Techcom cannot (yet).
So when will they dump them?
Phoenix group on the Abu Dhabi exchange has over 6 billion shares
not if his goal is to be a Nasdaq-listed company
Do you think we will see a massive share increase when/if something comes in?
Another 39K at .165. It's going to break one day
Wow they are on it. Reza Nedjatian just posted this. Phoenix is excited to announce the opening of a U.S. office as part of our expansion plans in the United States. We are currently seeking Assistant Operation Managers with a minimum of 4 years of experience in the Data Center industry. The ideal candidates should be adept problem solvers, ready to take on the challenge of building and operating our current and future sites. If you are ready to make a move to Dallas and join our dynamic team, we want to hear from you!
A lot of people don't know about this shell. It's not on Phoenix's books. The ownership of TCRI is listed under Mr. Munaf Ali, C/O AlphaBit, LLC (a Nevada listed company). Mr. Ali stated publicly a few years ago that "We" acquired a U.S. company (TCRI) for the sole purpose of listing some of Phoenix's assets. They put those plans on hold, I assume because of U.S. administration at the time, .................until now????? Totally new environment here in the U.S.
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https://www.otcmarkets.com/filing/html?id=15126834&guid=93B-kaxCCowfJth
Would think we'd see more activity from folks in Munaf's inner circle.
Interesting and exciting stuff from Phoenix.
Exclusive look inside Bitcoin Mining on Crypto Weekly | @CNBCArabia
— Phoenix Group (@phoenixgroupuae) March 18, 2025
Few get to witness how and where Bitcoin is mined, but this week on Crypto Weekly, @HenriArslanian steps inside Phoenix Group’s state-of-the-art Bitcoin mining farm in Abu Dhabi, the largest in the Middle… pic.twitter.com/Y6rqGq2Giq
Exclusive look inside Bitcoin Mining on Crypto Weekly | @CNBCArabia
— Phoenix Group (@phoenixgroupuae) March 18, 2025
Few get to witness how and where Bitcoin is mined, but this week on Crypto Weekly, @HenriArslanian steps inside Phoenix Group’s state-of-the-art Bitcoin mining farm in Abu Dhabi, the largest in the Middle… pic.twitter.com/Y6rqGq2Giq
Not sure exactly what is going on, but it very much seems like they're prepping this shell for something. Perhaps something to do with data centers?
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I don’t know. They seem to be interested or at least have meet and discussed similar technology with this company. https://www.coolitsystems.com/
They are in the Alberta area where O’Leary has plans for the Wonder Valley project.
Anybody heard of this tech. Might be relevant for Munaf/Carl from a mining standpoint
just spitballing and waiting. Private Co. Interesting claims on cooling/power savings...no water!
https://www.forcedphysics-dct.com/edge
https://www.einpresswire.com/article/766948922/forced-physics-dct-partners-with-liberation-technology-services-to-revolutionize-modular-data-centers-and-crypto-mining
https://plannet.com/transformative-cooling-technology-for-data-center-industry/
starting to get more bids..more action Level 2
This should be interesting. https://x.com/phoenixgroupuae/status/1901604321357111478/photo/1
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Somebody bought 40k at .16 and that wall finally fell. One pr and this 10x. People forget this went over $3 3 years ago on just the rumor Phoenix is involved. different market now though . OTC is as dead as a doornail
The change with the brass was welcoming.
It’s very telling.
SOmebody just bought 40k at .16 with that spread. They aint looking to sell
According to the 8K, Mr. Ali was appointed because of his experience in international senior level management. TechCom (TCRI) is now even more connected to Phoenix, Cypher Capital and Cypher labs than ever before. What is their plan is the question? I believe Aziz Ali is Munaf Ali's brother. Does this mean Phoenix's access to the U.S capital markets is imminent?
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Took way too long.
They are the absolute worst.
This is great news for you and the company.
There you go, Laster. It's official. Charles and Simon are out.
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Another very VERY interesting twist! Thoughts......anyone?
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Big week for Phoenix!! Perhaps they make some announcements alongside of this week's events. I would think we'll be hearing something about TechCom (TCRI) as well very soon always keeping in mind that Phoenix/Mr. Ali own the majority stake in the TCRI shell.
https://www.linkedin.com/feed/update/urn:li:activity:7304792322880212993/?origin=SHARED_BY_YOUR_NETWORK
https://www.cantor.com/conference/cantor-global-technology-conference/
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Correct. I believe it’s due in April.
End of year financials are due.
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Charlie is too busy updating his other scam Edgemode instead of working on TCRI.
I think he is late again with quarterly here.
Are they still current?
Never trust that jerk. JMO.
This is interesting; "next-generation digital and AI infrastructure" ???
https://phoenixgroupuae.com/news/phoenix-group-attends-cantor-fitzgerald-global-technology-conference
February 26, 2025
Abu Dhabi, UAE – February 26, 2025 – Phoenix Group PLC (ADX:PHX), a global leader in Bitcoin mining, blockchain, and next-generation digital and AI infrastructure, is excited to announce that its CEO and Co-Founder, Munaf Ali, will lead the company's delegation to the Cantor Global Technology Conference in New York City, USA, on March 11-12, 2025.
As the first digital assets company from the MENA region to attend this prestigious event, Phoenix Group will join a distinguished group of global technology leaders. The conference brings together industry experts, investors, and innovators to discuss the latest trends and opportunities in technology.
Topics covered will include the institutionalization of cryptocurrency, the intersection of Bitcoin mining and AI/data centers, and the future of digital assets. The company will leverage its position as one of the world's largest Bitcoin miners to share insights and expertise with attendees.
Munaf Ali, CEO and Co-Founder of Phoenix Group, commented, "We're thrilled to be attending the Cantor Global Technology Conference. It's a fantastic opportunity to connect with leading investors and industry experts. It’s also an opportunity for us to meet with our ever-growing US investors and institutional client base."
"Since our founding in 2017, Phoenix Group has been at the forefront of the digital asset revolution. We're proud of our achievements and excited about the future. By attending the Cantor Global Technology Conference, we aim to showcase our leadership in scalable infrastructure, proprietary technology, and sustainable digital innovation."
Core Scientific is shifting focus a bit. https://www.coindesk.com/business/2025/02/26/core-scientific-stock-surges-after-usd1-2b-expansion-of-data-center-with-coreweave
Wonder if Phoenix will follow suit and will TechCom fit into this scenario somehow?
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It appears that Charlie and Simon may be out??
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They have been working together for a long time. They have posted jobs together for the Dillon South Carolina sites for the last year. KD Walt Koncepts is the company that David is the managing director of and we have know Carl has been linked to those sites since 2022.
https://www.career.com/job/phoenix-operation-maintenance-llc/south-carolina-crypto-mining-facilities-manager/j202401172209035087274
I believe they are working together on this US project.
https://www.linkedin.com/posts/dawalter2013_looking-forward-to-building-the-future-activity-7273939919973068800-Z1Hn?utm_medium=ios_app&rcm=ACoAADkjxi0B7Ps-O8IM4A6ATAXFVG4UjvJ-PBk&utm_source=social_share_send&utm_campaign=copy_link
Maybe Carl will be the CEO of Techcom or whatever they are brand it. It certainly feels like something is in motion.
Still wondering what happened to Carl Agren then??
Remember, Phoenix ( Mr. Ali ) overwhelming own the controlling interest in the TCRI shell. https://bucket-phoenixgroup.s3.us-east-1.amazonaws.com/PhoenixGroup-Files/phoenix-investor-presentation-20250128.pdf
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I was able to listen in on the Phoenix earnings call the other day, so these developments I expected. Phoenix is looking to list in the U.S. but not necessarily straight to NASDAQ. Read into that what you will, but that statement/earnings call spoke volumes to me!
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Management changes, website under maintenance......
We could be getting closer to some type of corporate activity/development. The TechCom website is currently under maintenance. The LinkedIn profiles of both Charlie Faulkner and Simon Wajcenberg are now showing that their management positions at TCRI came to an end in February 2025. Note: on Simon's profile you have to scroll down a ways through his work experience to find it.
https://www.linkedin.com/in/charliefaulkner/
https://www.linkedin.com/in/simonwajcenberg/
https://techcom-inc.com/
Garbage companies that pump a ticker, then disappear for years and do nothing and say nothing need to be held accountable. This is ridiculous.
Some makes sure to keep it pink
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