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🇦🇪 UAE Royal Group Now Holds $448M in Mined Bitcoin
Abu Dhabi's Royal Group Has Accumulated 6,782 $BTC Through Citadel Mining - All mined, not bought.
➜ $448M Total Holdings
➜ $344M Unrealized Profit
➜ Mining ~4.2 BTC Daily
➜ No Major Outflows in 4 Months
Instead of Buying Bitcoin like Most institutions, the UAE is turning its low-cost energy into digital assets and holding long term.
UAE's Mubadala fund also boosted spot Bitcoin ETF holdings by 45% to $630M.#BiggestCryptoOutflowsSince2022