🚨 BREAKING: Is Saudi Arabia really buying billions worth of Bitcoin and Ethereum? Here’s the truth! 🇸🇦
Recently, rumors have gone viral claiming that Saudi Arabia and Qatar have jointly purchased nearly 1 million BTC and billions worth of ETH. But let’s separate facts from fiction:
✅ Confirmed:
The Saudi Central Bank (SAMA) recently acquired 25,656 shares of MicroStrategy (now Strategy Inc.).
MicroStrategy holds over 568,000 BTC, meaning Saudi Arabia now has indirect exposure to Bitcoin.
❌ Unconfirmed / Rumor:
There’s no official record, document, or statement confirming that Saudi Arabia or Qatar has directly purchased BTC or ETH.
These claims are largely social media hype with no solid evidence.
📊 Conclusion:
Saudi Arabia is clearly showing increasing interest in crypto. However, there is no verified proof of direct Bitcoin or Ethereum purchases at this point.
Still, it’s a strong signal that the Middle East is accelerating its entry into the crypto space. 🔥
#Bitcoin #Ethereum #SaudiArabia #CryptoNews #BinanceSquareBTC
