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Government Bitcoin Strategies: How Nations Are Building Crypto Reserves
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Government Bitcoin Strategies: How Nations Are Building Crypto Reserves
The United Arab Emirates has quietly assembled a $700 million Bitcoin treasury through an unusual strategy that sets it apart from other government crypto holders: they mined it themselves. According to blockchain analytics firm Arkham, the UAE government holds approximately 6,300 BTC accumulated through Citadel Mining, a publicly listed company majority-owned by the UAE's International Holding Company. The revelation makes the Emirates the sixt…
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