📈 Cryptocurrency mining company Phoenix Group sees its stock price soar by 50% on its first day of trading on the Abu Dhabi Stock Exchange (ADX). Phoenix Group shares surged to 1.50 dirhams ($0.41) from an opening price of 0.25 dirhams ($0.6). The company successfully closed its IPO with 18 times oversubscription, raising approximately 1.3 billion dirhams ($371 million) by selling 907,323,529 shares on November 18. 📊📆 #PhoenixGroup #CryptoMiningStock 🚀💼