BlockBeats news, on February 19, according to Arkham data, the United Arab Emirates has acquired $453.6 million worth of Bitcoin through Bitcoin mining in partnership with Citadel. It is reported that they have retained the majority of the Bitcoin they mined, with the last recorded fund outflow occurring four months ago. After deducting energy costs, the UAE's current profit on its Bitcoin holdings amounts to $344 million.
UAE Accumulates $453.6M in Bitcoin Mining, Net Profit Reaches $344M
KuCoinFlashShare
Summary
Bitcoin breaking news: As of February 19, 2026, the UAE has mined $453.6 million worth of Bitcoin through a partnership with Citadel, according to Arkham data cited by Blockbeats. The country has retained the majority of the mined Bitcoin, with no outflows recorded over the past four months. After deducting energy costs, the UAE’s net profit amounts to $344 million. Bitcoin news indicates the UAE continues to hold a strong position in the mining sector.
Source:Show original
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information.
Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.