UAE ACCUMULATES $453.6M IN MINED BITCOIN, REPORTS $344M FLOATING PROFIT The United Arab Emirates has accumulated Bitcoin valued at approximately $453.6 million through its mining operations, conducted in partnership with Citadel. Most of these mined assets remain held, with the last recorded capital movement occurring approximately four months ago. After deducting energy and associated costs, the current unrealized profit on these Bitcoin holdings is estimated at $344 million. #BITCOIN #UAE
This content is for informational and educational purposes only. It may include third-party insights, sponsored content, or promotional material for which the creator may receive compensation. Nothing in this feed constitutes investment advice or a guarantee of returns. You are solely responsible for your own investment decisions. Always conduct your own research and exercise caution before trading. We do not guarantee the accuracy of third-party information and are not liable for any losses incurred. Past performance is not indicative of future results. Please refer to our Community Terms and Risk Disclosure Statement for details.
Post your reply