via Citadel—Positioning as a Major Sovereign Crypto Player
Arkham Intelligence reveals that the UAE government, through Citadel Mining (majority-owned by IHC and tied to the royal family), has amassed approximately 6,300 $BTC , now valued at roughly $700 million. Unlike other nations, these holdings stem from dedicated mining operations—not asset seizures—highlighting the UAE’s strategic, industrial-level approach to building a sovereign Bitcoin reserve.
#bitcoin #CryptoMining #BitcoinHoldings #ListedCompaniesAltcoinTreasury