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MicroBT to strengthen presence in the MENA region

Phoenix Technology has entered into a strategic partnership agreement with MicroBT to sell their WhatsMiner brand across the MENA region.

Phoenix Technology has entered into a strategic, exclusive, regional partnership agreement with MicroBT to sell their WhatsMiner brand in the GCC countries (UAE, Bahrain, KSA, Oman, Qatar and Kuwait), Egypt and Turkey market.

The new distributor agreement is a win-win scenario for both companies, as the products will be exclusively distributed across the world, online and physical, through the Phoenix Store located on Sheikh Zayed Road, Dubai, UAE.

Carl Agren, CEO of Phoenix Technology, commented, “I’m very excited about this strategic partnership. WhatsMiner by MicroBT is one of the leading brands for manufacturing mining equipment. They are already very successful in the rest of the world and would like to strengthen their presence in the MENA market with the support of Phoenix Technology.”

Dr. Yang, Founder of MicroBT, said, “With our technical background, we noticed that blockchain technology is truly the key to a decentralised and advanced world. As the technology grows by the day, we are happy to partner with Phoenix Technology to spread these solutions worldwide, especially in the MENA region.”

He added, “This partnership will take both companies to new heights, and I am looking forward to working closely with both teams.”