sovereignstack

Arkham Intelligence data drops the mic: UAE-linked Citadel Mining (backed by Abu Dhabi Royal Group via IHC/2PointZero) has mined 6,782 BTC (~454-455M$) since 2022 ops launch—no sales in 4 months, ~344M$ unrealized profit post-energy costs. 

    The Setup 

      • 80K sqm Abu Dhabi facility (Al Reem Island) w/ Phoenix Group: Low-cost energy + immersion cooling for efficient hashrate. 

      • Wallets hold mined BTC long-term as "digital reserves"—4th largest gov holder globally (~6.3-6.8K BTC). 

     • Royal ties: Sheikh Tahnoon (Abu Dhabi ruler's brother) chairs IHC conglomerate owning 61%+ stake. 

 UAE models sovereign mining for oil-rich nations energy-to-BTC alchemy!

Mubadala's ETF buys + this = crypto superpower.  Bullish? 💬

 #UAEBitcoin #CitadelMining #Bitcoinmining #SovereignStack #ArkhamIntel
$BTC