Arkham analysis suggests UAE may hold about 6,300 Bitcoin mined via Citadel, far below prior 420,000 estimates
The post Arkham analysis suggests UAE may hold about 6,300 Bitcoin mined via Citadel, far below prior 420,000 estimates appeared on BitcoinEthereumNews.com.
The UAE’s Bitcoin holdings total roughly 6,300 BTC (about $700 million), largely mined by Citadel Mining linked to the International Holding Company (IHC), according to blockchain analytics firm Arkham Intelligence. These figures are far lower than earlier 420,000 BTC rumors. UAE Bitcoin holdings confirmed at ~6,300 BTC Most holdings originate from mining via Citadel Mining, not police seizures. Arkham and on-chain data estimate 9,300 BTC mined through Citadel; sovereign holdings rank sixth globally per BitBo data. UAE Bitcoin holdings: ~6,300 BTC (~$700M) from mining, not seizures — read the breakdown and global ranking. Learn how this changes nation-state Bitcoin totals. What are the UAE Bitcoin holdings? UAE Bitcoin holdings are approximately 6,300 BTC (about $700 million) held in wallets identified by Arkham Intelligence and tied to Citadel Mining. Arkham reports these coins were mined through Citadel — majority owned via the International Holding Company — rather than seized assets. How did Arkham identify UAE government wallets? Arkham Intelligence used on-chain clustering, transaction patterns and corroborating evidence — including time-lapse satellite imagery of a Citadel facility and public company disclosures — to link addresses to Citadel Mining and affiliated UAE entities. Arkham posted findings publicly on social media platforms and shared transaction mappings consistent with official reports. ‘, ‘ 🚀 Advanced Trading Tools Await You!Maximize your potential. Join now and start trading! ‘, ‘ 📈 Professional Trading PlatformLeverage advanced tools and a wide range of coins to boost your investments. Sign up now! ‘ ]; var adplace = document.getElementById(“ads-bitget”); if (adplace) { var sessperindex = parseInt(sessionStorage.getItem(“adsindexBitget”)); var adsindex = isNaN(sessperindex) ? Math.floor(Math.random() * adscodesBitget.length) : sessperindex; adplace.innerHTML = adscodesBitget[adsindex]; sessperindex = adsindex === adscodesBitget.length – 1 ? 0 : adsindex + 1; sessionStorage.setItem(“adsindexBitget”, sessperindex); } })(); UAE’s holdings were previously speculated to be around 420,000 Bitcoin from sources such as criminal…
Filed under: News - @ August 26, 2025 7:28 am