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Data: The United Arab Emirates has accumulated approximately $454 million worth of Bitcoin through mining, with an unrealized profit of about $344 million.
According to Arkham data, the UAE has conducted Bitcoin mining operations in partnership with Citadel, accumulating approximately $453.6 million worth of Bitcoin to date.
On-chain records show that the most recent outflow of funds occurred about 4 months ago, and most of the mined Bitcoin is still held. The data indicates that after deducting energy and related costs, the UAE's current Bitcoin holdings have an unrealized profit of approximately $344 million.