The UAE officially recognizes Bitcoin as a store of value. CZ states he is 'slightly advocating.' On-chain data shows the UAE has mined approximately 453.6 BTC (mostly held), and Citadel Mining holds about $450 million worth of BTC. Mubadala and Al Warda have over $1 billion in BlackRock IBIT holdings. #Bitcoin $BTC
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The UAE officially recognizes Bitcoin as a store of value. CZ states he is 'slightly advocating.' On-chain data shows the UAE has mined approximately 453.6 BTC (mostly held), and Citadel Mining holds about $450 million worth of BTC. Mubadala and Al Warda have over $1 billion in BlackRock IBIT holdings. #Bitcoin $BTC