Today, Phoenix Technology, a subsidiary of the Phoenix Group of companies, announced that it has entered into a strategic, exclusive, regional partnership agreement with MicroBT, a blockchain technology company, to sell their WhatsMiner brand in the GCC countries (United Arab Emirates, Bahrain, Kingdom of Saudi Arabia, Oman, Qatar, and Kuwait), Egypt, and Turkey.

The new distributor agreement is beneficial for both parties, as the products will be distributed solely through the Phoenix Store on Sheikh Zayed Road, Dubai, UAE, for both online and offline sales.

“I am really enthusiastic about this strategic alliance,” said Carl Agren, CEO of Phoenix Technology. MicroBT’s WhatsMiner is a well regarded piece of mining hardware. They have found a lot of success elsewhere, and with Phoenix Technology’s help they hope to expand into the MENA region.

Source: Prnewswire