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Wu Blockchain (@WuBlockchain): Abu Dhabi-based bitcoin mining and colocation service provider Phoenix Group has raised $370 million in an IPO. The company claimed in an announcement…

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Abu Dhabi-based bitcoin mining and colocation service provider Phoenix Group has raised $370 million in an IPO. The company claimed in an announcement on Tuesday that the IPO was oversubscribed by 33 times, adding that a stronger demand came from retail investors, who…

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