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Customized asset management to grow your digital assets
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Top asset management team helps you profit without hassle
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Stake cryptos to earn in PoS products
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New
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GUSD Minting
Use USDT/USDC to mint GUSD for treasury-level yields
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Data: The UAE has accumulated approximately $454 million worth of Bitcoin through mining, with an unrealized profit of about $344 million.
ChainCatcher reports that, according to Arkham data, the United Arab Emirates has accumulated approximately $453.6 million worth of Bitcoin through Bitcoin mining operations in partnership with Citadel.
On-chain records show that the most recent fund outflow occurred about four months ago, and most of the mined Bitcoin remains held. Data indicates that after deducting energy and related costs, the UAE’s current Bitcoin holdings have an unrealized profit of approximately $344 million.