The UAE has accumulated approximately $454 million worth of Bitcoin through mining, with floating profits of around $344 million

Odaily News According to Arkham data, the United Arab Emirates, through its partnership with Citadel in Bitcoin mining operations, has accumulated Bitcoin equivalent to approximately $453.6 million to date. On-chain records indicate that its most recent capital outflow occurred about 4 months ago, with the majority of the mined Bitcoin still being held.

Data shows that after deducting energy and related costs, the current floating profit on the UAE's Bitcoin holdings is approximately $344 million.