Abu Dhabi-listed Phoenix Group has said that its minority-owned Bitzero Holdings, a crypto mining and high-performance computing data centre, is now listed on the Canadian Securities Exchange.

Following its recent debut, the cryptominer was trading at a market price of USD 2.25 per share at the close of trading on Tuesday, Phoenix said in a bourse filing on the Abu Dhabi Securities Exchange (ADX). 

Phoenix holds more than 4.9 million shares in Bitzero, putting the value of its investment at approximately $11.08 million.

In 2022, Phoenix acquired a 20.8% stake in Bitzero.

(Writing by Cleoe Maceda; editing by Brinda Darasha)