First-Time Revelation: The Amount of Bitcoins (BTC) Held by the United Arab Emirates (UAE) Uncovered

Written by Ohris M. Greyoon, Blockchain & Crypto Expert

Source: Coinmarketcap

Updated: Aug 25 2025

UAE Bitcoin Holdings: The UAE government owns approximately 6,300 Bitcoins, valued at around $740 million, making it the fourth-largest state holder of Bitcoin according to Arkham's blockchain analysis.
Mining Operations: These Bitcoins are obtained directly from mining activities through Citadel Mining, a publicly traded company controlled by the UAE, rather than through legal seizures like in the US and UK.
Ownership Structure: Citadel Mining is primarily owned by 2pointzero, which is fully owned by International Holding Company (IHC), with 61% of IHC controlled by the UAE Royal Group, linked to Sheikh Tahnoon bin Zayed Al Nahyan.
Mining Facility Development: An extensive Bitcoin mining facility was established on Al Reem Island in Abu Dhabi within six months in 2022, verified by Arkham using on-chain data and satellite imagery.

About the author

Ohris M. Greyoon

Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.

First-Time Revelation: The Amount of Bitcoins (BTC) Held by the United Arab Emirates (UAE) Uncovered

About the author

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