The United Arab Emirates (UAE) has achieved significant success in Bitcoin mining, having mined cryptocurrencies valued at approximately $454 million through its partners, Citadel. Arkham analysts note that most of the mined coins remain under the country’s ownership, with the last sale recorded about four months ago. This indicates the UAE’s predominantly accumulation strategy regarding the management of digital assets.
This is reported by Finway
Mining Dynamics and Profitability
According to Arkham’s estimates, the current mining rate of the first cryptocurrency in the UAE over the past week was around 4.2 BTC per day, demonstrating stable growth compared to the figure of 3.8 BTC two weeks earlier. Excluding electricity costs, the country’s net profit from Bitcoin mining is estimated at $344 million. This underscores the high efficiency of mining in a region with accessible energy resources.
“Most of the mined assets are reportedly held by the country, with the last sales occurring about four months ago.”
Community Discussion and Country Rankings
In the cryptocurrency community, users on X (formerly Twitter) actively discussed the UAE’s strategy. Some commentators believe that the country is betting on long-term accumulation of Bitcoins by retaining most of its mining reserves. Others emphasized the high margins of such an approach, especially in regions with affordable electricity.
In August 2025, Arkham analysts reported that the UAE earned $700 million from Bitcoin mining, ranking fourth among governments in terms of cryptocurrency assets. As of February 2026, according to CoinGecko, the country is in seventh place with a balance of 6333 BTC.
Country Rankings for Bitcoin Ownership. Source: CoinGecko.