Bitcoin mining drives $344M unrealized profit for UAE’s royal-linked operations

The United Arab Emirates (UAE) has strengthened its position in the global cryptocurrency sector, showing notable gains from Bitcoin mining. 

According to Arkham on-chain data, wallets linked to the UAE’s Royal Group hold 6,782 BTC, valued at about $450 million. 

THE UAE MINED $450M BITCOIN

The UAE has so far mined $453.6M Bitcoin through their partners Citadel. It appears that they are holding the majority of the Bitcoin they produce, with their most recent outflows 4 months ago.

Excluding energy costs, the UAE is currently in profit… pic.twitter.com/HcB2CYBQgy

— Arkham (@arkham) February 19, 2026

Mining operations continue to produce Bitcoin (BTC) consistently despite market fluctuations, demonstrating robust infrastructure and long-term planning. 

Low energy costs have helped the UAE maintain profitability in a challenging crypto market.

UAE’s sustained Bitcoin mining operations

Arkham reports that the UAE’s Bitcoin mining initiative began in 2022 with Citadel Mining, connected to Abu Dhabi’s royal family through the International Holding Company. 

Large-scale facilities were established on Al Reem Island, marking the country’s expansion into cryptocurrency mining. 

The operation produces roughly 4.2 BTC daily, reflecting a well-organized and efficient setup. 

This steady production highlights the UAE’s ongoing commitment to developing a strong digital asset infrastructure.

The country focuses on long-term accumulation rather than immediate liquidation. Mining profits have been largely retained, allowing the UAE to build a strategic digital reserve. 

Arkham data shows that the UAE avoided major sell-offs, even as bitcoin prices dropped from previous highs. 

Low energy costs ensure mining operations remain profitable, setting the UAE apart from other miners facing market challenges.

Bitcoin mining profits and holdings

Recent estimates place the UAE’s unrealized profits at approximately $344 million, based on current market prices. 

In August 2023, Bitcoin holdings were valued near $700 million, with the decline reflecting market changes rather than asset sales. 

Wallets controlled by the Royal Group still hold the majority of mined BTC, positioning the UAE as a leading participant in global cryptocurrency mining.

The UAE’s strategy combines advanced infrastructure with favorable energy economics. Continuous production allows the country to accumulate bitcoin steadily. 

Retaining digital assets during price fluctuations strengthens the UAE’s strategic reserve. Arkham’s findings confirm that mining operations in the UAE remain productive and financially sustainable.

This approach signals the UAE’s commitment to becoming a major crypto mining hub, relying on efficient operations and strategic asset management to maintain long-term value.