🚨 BREAKING: Is Saudi Arabia Secretly Buying Billions in Bitcoin and Ethereum? Here’s the Truth 🇸🇦💥
Recently, rumors have spread like wildfire that Saudi Arabia and Qatar have jointly acquired nearly 1 million BTC and billions worth of ETH. But let’s separate fact from fiction:
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✅ Confirmed:
🔹 The Saudi Central Bank (SAMA) has officially purchased 25,656 shares of MicroStrategy (now rebranded as Strategy Inc.).
🔹 Since MicroStrategy holds over 568,000 BTC, this gives Saudi Arabia indirect exposure to Bitcoin, signaling growing interest in crypto-assets.
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❌ Unconfirmed / Rumor:
🚫 There is no official confirmation from Saudi or Qatari authorities that they have directly purchased Bitcoin (BTC) or Ethereum (ETH).
🚫 The claims of massive direct acquisitions are currently unsubstantiated and appear to be driven by social media speculation.
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📊 Conclusion:
Saudi Arabia is clearly increasing its involvement in the digital asset space, albeit cautiously and through indirect channels (for now).
While there's no concrete proof of direct BTC/ETH purchases, the strategic MicroStrategy investment could be a stepping stone to deeper crypto engagement.
One thing is clear:
👉 The Middle East is rising fast as a serious player in the crypto economy.
