UAE Royal Group Firm Holds 6,782 Bitcoin Worth $454 Million

A UAE-linked mining firm tied to the Royal Group is now holding 6,782 Bitcoin. It is worth roughly $453-454 million. The data comes from on-chain tracking by Arkham Intelligence. The wallets are linked to Citadel Mining, an operation majority owned by 2PointZero. Which sits under the Abu Dhabi-based conglomerate IHC. 

Most of the Bitcoin appears untouched. There have been no major outflows in the past four months. Excluding energy costs, unrealized profit is estimated at around $344 million. The numbers highlight a quiet but disciplined accumulation strategy.

UAE’s Strategic Bitcoin Mining Operation

Citadel Mining has built its Bitcoin stack through industrial mining rather than open-market buying. The operation runs in Abu Dhabi, where energy costs remain low compared to many other regions. That advantage matters. Mining becomes highly profitable when electricity is cheap and infrastructure is stable.

Royal Group (Citadel Mining) firm reportedly accumulated its holdings steadily since launching operations. Instead of selling mined coins to cover costs, it appears to retain most of them. That signals a long-term view. It also shows confidence in Bitcoin’s future value rather than short-term cash flow needs. This is not a small retail setup. It is industrial-scale mining backed by capital and infrastructure. That makes the holdings more strategic than speculative.

Strong Gains and a Clear Holding Pattern

At current Bitcoin prices near $67,000, the 6,782 BTC stack is worth around $454 million. Arkham data suggests that Royal Group’s unrealized profit stands near $344 million when excluding energy costs. Even after factoring in electricity expenses, the operation likely remains deeply profitable due to regional advantages.

What stands out is the lack of recent selling. Many miners regularly offload Bitcoin to fund operations. Citadel appears to do the opposite. Its wallets show limited movement over the last four months. That “hold” approach supports the idea of Bitcoin as a long-term reserve asset rather than just mined inventory.

Where the UAE Ranks Among Sovereign Holders

The UAE’s stack now ranks among the largest non-seizure Bitcoin holdings tied to a sovereign-linked entity. Countries like the United States and the United Kingdom hold larger amounts, but those coins mostly come from seizures. El Salvador holds around 7,000 BTC through direct purchases. Bhutan has also mined significant reserves.

The UAE’s approach differs. It mines its Bitcoin. That creates a sustainable flow rather than relying on market buys or confiscations. While the holdings represent only a small fraction of total Bitcoin supply, they still reduce circulating supply over time.

Broader Implications for Bitcoin

This development adds to the narrative of nation-linked accumulation. Energy-rich regions can convert power into digital assets. If they hold instead of sell, supply tightens further. At the same time, it is important to note that Royal Group (Citadel Mining) is not the UAE government treasury itself. It is a private entity with royal ties. Still, the scale shows how seriously parts of the region treat Bitcoin. For now, the message is simple. The UAE-linked miner has built a sizable Bitcoin reserve. It is holding steady and it is doing so quietly, without dramatic headlines, until now.

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