The UAE has accumulated $450 million worth of Bitcoin through mining, with a net profit of $344 million after deducting costs.

BTC1,15%

BlockBeats News, February 19 — According to Arkham data, the United Arab Emirates has earned $453.6 million worth of Bitcoin through Bitcoin mining in partnership with Citadel. It is reported that they have retained most of the Bitcoin they produced, with the last recorded fund outflow occurring four months ago. After deducting energy costs, the UAE’s current profit on Bitcoin holdings is $344 million.

View Original
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to Disclaimer.

Related Articles

Bitcoin Policy Institute Pushes Fed to Revise Bitcoin Risk Rules

U.S. regulators are preparing to release new banking rules that will affect how banks handle digital assets on their balance sheets. The Bitcoin Policy Institute plans to challenge how the framework classifies Bitcoin risk. The group aims to influence upcoming Federal Reserve proposals linked to

CryptoBreakingJust Now

BTC 跌破 71000 USDT

Gate News bot 消息,Gate 行情显示,BTC 跌破 71000 USDT,现价 70994.3 USDT。

CryptoRadar20m ago

BTC 15分钟下挫0.63%:宏观数据打压风险偏好叠加ETF资金流出加剧抛压

2026-03-13 17:15 至 2026-03-13 17:30(UTC)期间,比特币(BTC)15分钟K线波动加剧,收益率录得-0.63%,报价在71600.0至72243.9 USDT之间,振幅达到0.89%。异动引发市场关注,订单薄压力显现,短线资金两极分化明显。 本次异动的主要驱动力来自宏观经济数据公布后市场风险偏好骤降以及ETF资金净流出。美国最新GDP数据下修至0.7%,远低于

GateNews37m ago

Strive Buys 179 Bitcoin as Holdings Reach 13,311 BTC

Strive Inc. has expanded its Bitcoin treasury to 13,311 BTC, surpassing Tesla's holdings and positioning itself among the largest corporate Bitcoin holders. The company also raised its SATA preferred dividend to 12.75% and invested $50 million in Strategy STRC shares.

CryptoFrontNews54m ago
Comment
0/400
EMR16vip
· 02-19 06:23
Buy for earning 💎
View OriginalReply0