UAE Becomes Fourth-Largest Bitcoin Holder: Mining Strategy Positions Nation as Crypto Powerhouse

The United Arab Emirates (UAE) has cemented its place as a global leader in Bitcoin reserves, holding approximately 6,300 BTC, valued at roughly $740 million. This unique acquisition stems from direct mining operations orchestrated by Citadel Mining, a publicly listed company with significant backing from Abu Dhabi’s Royal Group. This strategic approach diverges from typical market purchases and strengthens the UAE’s influence within the crypto mining landscape.