The UAE government holds approximately 6,300 bitcoins through its state-owned mining company, Citadel Mining.
According to Jinse Finance, citing market news from financial news and analysis website ZeroHedge, Arkham monitoring shows that the UAE government, through its state-owned mining company Citadel Mining, holds approximately 6,300 bitcoins, with a total value of about $740 million, making it the fourth largest government bitcoin holder in the world.
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