UAE Mines $453.6 Million in Bitcoin via Citadel Partnership

Arkham’s blockchain analytics report shows Citadel Mining, linked to the UAE, holds $453.6 million in Bitcoin, amounting to approximately 6,782 BTC—0.03% of the total supply—alongside $344 million in unrealized profit. The operation yields 4.2 BTC daily and retains most mined coins, with the last recorded outflow occurring four months ago. This accumulation strategy reinforces the UAE’s growing role in institutional-scale Bitcoin mining.

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