February 22, 2026

UAE mines $453.6M worth of Bitcoin via Citadel

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The United Arab Emirates has successfully mined $453.6 million worth of Bitcoin through Citadel, reflecting its strategic move to accumulate cryptocurrency amid global adoption trends. Analytics firm Arkham indicates that most of the Bitcoin mined by the UAE remains unspent, highlighting a growing interest among Gulf states in building substantial crypto reserves through specialized mining partnerships.

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