UAE Royal-Linked Crypto Miner Citadel Holds $532M in Bitcoin, Arkham Reports

  • Abu Dhabi’s royal family-linked Bitcoin mining company, Citadel, reportedly holds approximately $532M worth of Bitcoin.
  • The latest report was published by analytics company Arkham, as Citadel continues to produce Bitcoin through its UAE operations.
  • Citadel’s Bitcoin accumulation drew public attention following the country’s growing involvement in Bitcoin mining and the role state-linked companies are playing