Bitcoin holdings in UAE grow as Arkham tracks 6,782 BTC

UAE holds 6,782 BTC (~$454M) with ~$344M unrealized profit excluding energy costs

As reported by CoinDesk, the United Arab Emirates is sitting on an estimated $344 million in unrealized profit from 6,782 bitcoin produced via mining, valued around $454 million at recent prices. The figures reflect current valuation and exclude energy costs, and the profit remains non-cash and price-dependent.

The accumulation stems from domestic mining rather than market purchases, indicating a production-led approach to exposure. The headline profit would fluctuate with bitcoin’s price and does not capture full operational economics.

Why UAE Bitcoin mining holdings and limited outflows matter

As reported by Bitcoin Magazine, mining tied to state-affiliated entities such as Royal Group and Citadel Mining has retained most coins with few recent outflows, signaling accumulation rather than regular treasury selling. This contrasts with sovereign balances built via asset seizures, placing emphasis on production and holding.

Industry commentary has framed the activity as energy monetization and reserve-style positioning. “The UAE turns excess energy into Bitcoin as a strategic store of value,” said Changpeng “CZ” Zhao, co-founder of Binance.

According to The Block, the country’s mining infrastructure produced about 4.2 BTC per day over the past week, indicating steady operations. Limited outflows from identified wallets imply minimal near-term selling pressure from these balances.

At the time of this writing, Bitcoin traded near $66,912 with very high recent volatility and broadly bearish sentiment, underscoring that mark-to-market gains can reverse quickly. This context tempers any reserve-style narrative.

Overall, the behavior resembles reserve management, where mined BTC is held as a strategic asset. Such positioning may support diversification or liquidity optionality but remains sensitive to market and policy shifts.

Methodology, Arkham Intelligence data, and caveats

How unrealized profit is calculated and what’s excluded

Unrealized profit reflects the difference between current market value of held BTC and tracked acquisition basis derived from mining. As outlined by The Block, the estimate excludes energy, capital expenditure, maintenance, and hardware depreciation.

Data snapshot as of Feb 19, 2026: balance, value, output

As of Feb 19, 2026, reports indicated 6,782 BTC held, worth roughly $453.6–$454 million, and recent output around 4.2 BTC/day, per CoinMarketCap Academy. Wallet outflows have been limited in recent months.

FAQ about UAE Bitcoin mining

Who is estimating the $344 million unrealized profit and which costs are excluded from that figure?

Arkham Intelligence estimates the unrealized profit. The figure excludes energy and other operating and capital costs such as maintenance and hardware depreciation.

Which UAE-linked entities (e.g., Royal Group, Citadel Mining) are tied to the wallets, and how were they attributed?

Wallets are tied to Royal Group–linked operations and Citadel Mining. They were attributed through Arkham’s entity mapping of addresses associated with UAE royal-affiliated miners.