Holding 7,239 BTC worth approximately $486 million, Abu Dhabi's Citadel Mining is still mining
Odaily: According to Bitcoin News monitoring, Arkham tracking has found that 37 addresses hold approximately 7,239 BTC, and these addresses belong to Abu Dhabi's Citadel Mining. Arkham states that Citadel Mining is approximately 85% owned by 2pointzero, a subsidiary of International Holding Company; approximately 61% of International Holding Company's shares are held by Royal Group, which is under Sheikh Tahnoon bin Zayed Al Nahyan. At current prices, this batch of Bitcoin is worth approximately $486 million, lower than the approximately $532 million at the time Arkham released the data on Thursday. The relevant Bitcoin belongs to a company, not the UAE government.
