Ah, the grand theater of finance! Behold, the United Arab Emirates, a nation of sun-kissed sands and boundless ambition, hath amassed a treasure trove of Bitcoin, valued at a staggering $700 million! So proclaims the wise sages of Arkham Intelligence, who peer into the ledger of the blockchain with eyes both keen and mocking.
- Arkham Intelligence doth declare that the UAE’s government-linked coffers hold roughly 6,300 BTC, a sum fit to make even the most frugal miser blush.
- This wealth, dear reader, is not pilfered nor purchased, but forged in the fiery depths of industrial-scale mining, courtesy of Citadel Mining, a venture as grand as it is profitable.
- With an estimated 9,300 BTC mined in total, the UAE stands as a titan among nations, ranking near sixth globally in the pantheon of sovereign Bitcoin holders.
According to Arkham’s learned scribes, who decipher the cryptic runes of the blockchain, the UAE’s wallets, controlled by the royal hand of the government, hold around 6,300 Bitcoin (BTC), a sum that doth shimmer like a mirage in the desert sun.
THE UAE MINED $450M BITCOIN
Lo, the UAE hath mined $453.6M in Bitcoin through their partners Citadel. It appeareth they cling to their digital gold with a grip most firm, for their most recent outflows occurred four moons past.
Excluding the cost of energy, the UAE doth swim in profit…
– Arkham (@arkham) February 19, 2026
This hoard, dear reader, is not the fruit of seizures or market gambles, but the product of toil and ingenuity, mined by Citadel Mining, a company majority-owned by the UAE-backed conglomerate International Holding Company (IHC), itself a vassal of the UAE Royal Group. A true tale of modern alchemy!
Arkham’s chroniclers note that the UAE’s Bitcoin reserves place it among the greatest of sovereign holders, potentially ranking near sixth among nations. Yet, unlike other governments whose treasuries are filled by the spoils of law enforcement, the UAE’s stash is born of industry, not confiscation.
The researchers of Arkham declare that the UAE hath mined roughly 9,300 BTC in total, of which approximately 6,300 BTC remain in government-linked wallets, with the rest either deployed or held in associated entities like the enigmatic Phoenix Group.
Satellite imagery, cross-referenced with the sacred texts of on-chain data, revealeth that Citadel’s mining facility in Abu Dhabi was erected in 2022, in partnership with Phoenix Group. Arkham’s report suggesteth this strategy aligneth with the UAE’s broader quest to diversify beyond oil, embracing the digital realm with open arms and deep pockets.
While the value of this hoard may fluctuate like the desert winds, the data doth highlight the UAE’s unique path into the crypto realm: a production-based reserve, not mere accumulation through market buys or seizures. A testament to how sovereign actors navigate the digital asset ecosystem with wit and guile.
Read More
- All Itzaland Animal Locations in Infinity Nikki
- Exclusive: First Look At PAW Patrol: The Dino Movie Toys
- All Golden Ball Locations in Yakuza Kiwami 3 & Dark Ties
- James Gandolfini’s Top 10 Tony Soprano Performances On The Sopranos
- Gold Rate Forecast
- RaKai denies tricking woman into stealing from Walmart amid Twitch ban
- Elder Scrolls 6 Has to Overcome an RPG Problem That Bethesda Has Made With Recent Games
- Unlocking the Jaunty Bundle in Nightingale: What You Need to Know!
- Not My Robin Hood
- 7 Lord of the Rings Scenes That Prove Fantasy Hasn’t Been This Good in 20 Years
2026-02-19 16:42