AiCoin|Nov 19, 2025 15:53
[UAE Accumulates Approximately 6,450 Bitcoins Through State-Supported Mining]
According to data from Arkham Intelligence, the UAE's large corporate conglomerate Royal Group has accumulated approximately 6,450 bitcoins through state-supported mining activities, making it one of the world's major sovereign bitcoin holders. As of the end of August 2025, Royal Group holds over 6,300 bitcoins, valued at approximately $700 million. Due to bitcoin price fluctuations, the current value of these holdings is approximately $590 million. The aforementioned bitcoins were accumulated by Citadel Mining, a company controlled by UAE International Holding Company, which operates an 80,000-square-meter mining facility. This facility was built in Abu Dhabi in 2022 and was developed in collaboration with another UAE-listed mining company, Phoenix Group.
Share To
Timeline
HotFlash
APP
X
Telegram
CopyLink