The UAE has accumulated $450 million worth of bitcoin through mining
BlockBeats News, February 19, according to Arkham data, the United Arab Emirates has obtained $453.6 million worth of bitcoin through mining in partnership with Citadel. It is reported that they have retained most of the bitcoin they produced, with the last recorded outflow occurring four months ago. After deducting energy costs, the UAE currently has a profit of $344 million on its bitcoin holdings.
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