【Arkham: Address holding BTC worth $740 million in the UAE has been tagged, primarily obtained through mining company Citadel】 Golden Finance reports that the on-chain data monitoring platform Arkham announced on social media that a Bitcoin holding worth $700 million in the UAE has now been marked on the Arkham platform. Arkham stated that the UAE is the fourth-largest government entity holding Bitcoin on the platform, with a total BTC holding value of nearly $740 million. Unlike the United States and the United Kingdom, the Bitcoin in the UAE does not come from police asset seizures, but is generated through mining operations in collaboration with Citadel. So far, approximately 9,300 BTC have been mined, and they still hold at least about 6,300 BTC. Citadel is 85% owned by 2pointzero, which is 100% owned by IHC. About 61% of IHC's shares are held by the UAE Royal Group, which is controlled by Sheikh Tahnoun bin Zayed Al Nahyan, a member of the Abu Dhabi royal family.

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