UAE Royal-Linked Crypto Miner Citadel Holds $532M in Bitcoin, Arkham Reports
Abu Dhabi’s royal family-linked Bitcoin mining company, Citadel, reportedly holds approximately $532M worth of Bitcoin. The latest report was published by analytics company Arkham, as Citadel continues to produce Bitcoin through its UAE operations. Citadel’s Bitcoin accumulation drew public attention following the…
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Bitcoin
The first and largest cryptocurrency, created in 2009, with a fixed maximum supply and no central issuer.
Its price swings and adoption by funds and companies make it a bellwether for the whole crypto market.
More about BitcoinCryptocurrency
A digital currency secured by cryptography and recorded on a blockchain, without a central bank issuing it.
Crypto prices are volatile, and governments are still deciding how to regulate it.
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