UAE owns $700M Bitcoin through mining firm Citadel, majority-owned by the Royal Group

Arkham Intelligence, an on-chain analytics platform, has officially identified and labeled Bitcoin holdings totaling $700 million as UAE’s. Since the bull run onset, the UAE has become a major player in the global crypto ￰0￱ to Arkhama’s announcement on X , the identified Bitcoin originates from Citadel’s mining ￰1￱ is a public miner with a majority ownership held by the UAE Royal Group through its investment arm, IHC. BREAKING: THE UNITED ARAB EMIRATES IS NOW ON ARKHAM The UAE’s $700M BTC holdings are now labeled on ￰2￱ holdings come from Bitcoin mining operations carried out by Citadel, a public mining company majority owned by UAE Royal Group through ￰3￱ is the first to… ￰4￱ — Arkham (@arkham) August 25, 2025 The news follows rumours that surfaced, led by CZ, at the end of last year with claims that the UAE has more than double the holdings of the US after several reports that claimed that it had amassed an absurd 420,000 ￰5￱ figures are usually linked to enforcement actions against fraudulent investment schemes and high-profile Ponzi operations reportedly shut down within the ￰6￱ UAE has taken major steps to establish the region as a global crypto hub, especially Dubai.

Citadel’s mining operations align with its broader efforts to establish a favorable regulatory environment for crypto ￰7￱ that have mined to obtain BTC Like UAE many governments have moved investments to ￰8￱ to public blockchain data and legal documents, governments around the world now own roughly 463,000 BTC, which is about 2.3% of the total supply of ￰9￱ countries prefer to keep their holdings a secret, while others have gone public about ￰10￱ countries have obtained BTC through seizures. However, there are several that have strategically worked towards obtaining ￰11￱ Salvador spearheds that domain following guidelines set by Nayib ￰12￱ government of El Salvador had accumulated over 6,000 BTC, placing it firmly in the upper tier of Bitcoin ownership by country in ￰13￱ number continues to grow, with daily purchases still ongoing under the “1 Bitcoin per day” ￰14￱ addition, Iran recognized Bitcoin mining as a government-controlled business since ￰15￱ licensed miner must sell mined Bitcoin straight to the Central Bank.

Also, Iran’s state-run payments network, Shaparak, connects domestic markets so that all mined crypto can be traced and absorbed. Bhutan’s sovereign investment firm, Druk Holding & Investments (DHI), started mining Bitcoin using the country’s huge hydroelectric resources in ￰16￱ far, Bhutan has mined between 12,000 and 13,000 ￰17￱ government of Bhutan now owns enough Bitcoin to make up 30% to 40% of its economy, which is more than any other ￰18￱ that obtained BTC by luck The two biggest BTC holders have not acquired the coins by mining but through ￰19￱ most apparent one is the US government, and by far the most conspicuous actor when it comes to Bitcoin holdings by ￰20￱ has almost 200,000 BTC through several high-profile seizures, such as the Silk Road marketplace, dark web operations, and ransomware ￰21￱ is second on the list of countries holding Bitcoin in 2025, although its purchase plan remains ￰22￱ officials shut down the PlusToken scam in 2019 and took more than 190,000 ￰23￱ is still unclear whether the coins were sold off or if they are just languishing in government Bitcoin wallets, untouched in cold ￰24￱ addition, the UK has also managed to seize approximately 61,000 BTC during a money laundering investigation.

Bulgaria’s authorities also reportedly seized over 200,000 BTC in a raid on a cybercrime ￰25￱ countries that have BTC through seizures are Finland, Georgia, and ￰26￱ hold 66 BTC, 90 BTC, and 240 BTC, ￰27￱ the other hand, Ukraine received over $70 million in BTC donations from around the world during this war period with ￰28￱ Difference Wire : the secret tool crypto projects use to get guaranteed media coverage