Mining companies linked to the UAE have accumulated $344 million in unrealized profits.

According to Arkham's monitoring, Citadel Mining, an operation linked to the Abu Dhabi royal family, currently holds $453.6 million worth of Bitcoin, generating $344 million in unrealized profits excluding energy costs. Data shows that the country has maintained a daily production rate of 4.2 BTC over the past seven days through mining via its state-linked infrastructure. The UAE currently holds approximately 6,782 BTC, representing 0.03% of the total Bitcoin supply. On-chain records show that the country retains the majority of its self-mined Bitcoin, with the most recent outflow occurring four months ago. Furthermore, Arkham compared this to other government holdings: the Bhutanese government currently holds 5,600 BTC, worth $375 million; the US government holds 328,000 BTC, worth $22 billion; and the UK government holds 61,000 BTC, worth $4 billion.