The UAE has accumulated $450 million in Bitcoin through mining

BlockBeats News, February 19th, according to Arkham data, the UAE has mined a total of $453.6 million worth of Bitcoin to date through its partnership with the Citadel. Reportedly, they have held onto most of their self-mined Bitcoin, with the last outflow recorded four months ago. After deducting energy costs, the UAE's current profit from its Bitcoin holdings is $344 million.